YOUR PLACE FOR LOCAL NEWS, SPORTS & MORE
Welcome to the Business, Finance, and Market section of The Henryettan, your guide to navigating the ever-evolving economic landscape. Our goal is to empower you with the knowledge and insights needed to make informed decisions in today’s dynamic world.
Locally, we delve into the heart of Henryetta’s business community, spotlighting the entrepreneurs and enterprises that drive our town’s growth. From new startups to established businesses, we cover the latest developments and trends shaping our local economy. Discover stories of innovation, resilience, and success that inspire and motivate.
Nationally, we provide analysis of major economic trends, financial policies, and some market movements. Our commentary and reports help you understand the complexities of the national economy, equipping you to navigate opportunities and challenges with confidence.
Globally, we bring you updates on international markets and economies, examining how global events impact local and national businesses and personal finances. Stay informed on trade agreements, currency fluctuations, and economic policies that shape the world economy.
Join us as we explore the intricate world of business, finance, and markets. Whether you’re an entrepreneur, investor, or simply interested in the economic forces around us, The Henryettan is your trusted source for news and insights.
- Home heating oil firms squeezed as diesel, crude prices surge amid Middle East tensions
It's a volatile market for home heating oil businesses. Rising oil and fuel costs after a brutal winter have customers calling and asking for help.
- Millions of jobs vulnerable as ‘silver tsunami’ looms over US small businesses, experts warn
Nearly half of U.S. small-business owners are 55 or older, and with many lacking succession plans, jobs and local economies could face disruptions in the coming decade, experts warn.
- Small business owners remain 'cautiously optimistic' heading into 2026 amid rising costs, labor challenges
Small business owners remain optimistic about 2026 growth despite inflation and labor challenges, with 80% expressing confidence in their outlook.
- Small Business Saturday poised for powerful impact as SBA rallies Americans to shop local
Small businesses generate nearly half of U.S. GDP and anticipate 20% of annual sales from Small Business Saturday, making local shopping crucial, according to the SBA.
- Century-old American Hat Company sees spike in demand as Western lifestyle becomes 'very popular'
Texas-based cowboy hat manufacturer American Hat Company, which sells a variety of straw and felt hats, attributes booming business to increased interest in Western lifestyle.
- Much Ado About Taxes
Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax investment outcomes. Allspring Global Investments is dedicated to helping investors navigate the evolving tax and estate planning landscapes.
- Credit scores plummet across multiple states creating 'perfect storm' for American wallets, expert says
Some states are seeing major credit score declines, but recovery is possible with the right strategies. Expert Micah Smith breaks down why Missouri and Georgia residents face hurdles.
- AI financial advisors are coming and they may outperform the humans guarding your money
A seasoned financial advisor with 34 years of experience argues AI may soon provide better financial advice than humans, citing emotional decision-making that destroys wealth.
- Americans now view this figure as the benchmark for being wealthy
The average net worth that Americans feel is needed to qualify as wealthy has declined, compared to last year, Charles Schwab found.
- Buy now, pay later loans will now impact Americans' credit scores
FICO credit scoring models will be the first to include buy now, pay later data as the payment method continues to surge in popularity among American consumers.
- Steak and seafood chain 801 Restaurant Group files for bankruptcy after closing Denver, Minneapolis spots
801 Restaurant Group, which operates steak and seafood restaurants in several states, has filed for Chapter 11 bankruptcy reorganization in Kansas.
- Oil prices plunge after Iran says Strait of Hormuz open for commercial shipping traffic
Oil prices dropped over 10% after Iran's foreign minister announces the Strait of Hormuz is open to commercial traffic for the Israel-Lebanon ceasefire.
- Social Security’s next COLA projection might not go as far as retirees hope
A new analysis projects Social Security's 2027 cost of living adjustment at 2.8%, potentially raising the average retiree benefit by about $57 per month.
- Mortgage rates fall as Iran ceasefire eases market tensions
The average rate on a 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.37%.
- Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan: reports
Spirit Airlines faces mounting challenges as higher fuel costs threaten its restructuring plan and raise doubts about its financial recovery.