The United States is home to more than 33 million businesses, the vast majority of which are small businesses, with millions being created (and others closing shop) every year. These businesses often rely on loans, provide the goods and services that keep the economy flowing, and sometimes even grow large enough to enter public markets or provide private investment opportunities.
Explore key topics central to business and finance, from the role of the Federal Reserve to how initial public offerings work, how millions of American students finance higher education, and more.
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From TV to music to amusement parks, Disney is widely regarded as one of the most successful American companies of all time. That's partly because Walt Disney was carefully building a corporate strategy from day one that accounted for the company's publications, merchandise licensing, comic strips, and more. See his 1957 corporate strategy document for yourself (spoiler alert, it's covered in Mickey Mouse illustrations).
Visual Capitalist
Depending on the US state you live in, the household income needed to be considered "middle class" can vary from only $36K per year to $200K per year. It's more expensive to be considered middle class in states like Massachusetts and New Jersey than it is in West Virginia or Mississippi. See these numbers in a data visualization here.
A 2023 Federal Reserve survey found that a third of Americans don't have the cash they need to cover a $500 emergency. So what does the average American in this camp do when, say, their car breaks down? This video compares six of the most common ways Americans get money when they don't have it. Specifically, it focuses on the predatory nature of payday loans. Click here to watch.
Off the coast of Miami lies an island called Indian Creek Village. Spanning around 300 acres, the island is home to a few dozen homes owned by celebrities, sports stars, and tech founders. Only residents and verified visitors can enter this private space, protected by its own police force. Listen to this podcast episode for more information about the private island and why the wealthy love it.
The months of October through December are generally considered the best time to buy a car because old inventory is getting pushed out the door to make room for new cars. In addition to those months, some days of the week are considered better for car buying than others. To find out more, read this article.
The global market for recycled cardboard is worth billions of dollars—and it's attracting criminals. Specifically, people are making a fortune from taking used cardboard that's been left outside to be recycled, then proceeding to sell it. As a result, legitimate recycling firms and local authorities are missing out on millions. Learn more here.
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