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Small Business

The SBA's Biggest Loan Program Is Supposed to Cost Taxpayers Nothing. Defaults Are Testing That

The 7(a) program backed $37.3 billion in small business loans last year on a promise: run it at zero subsidy, and the taxpayer never pays. A House bill introduced this week is really a demand to see whether that promise still holds.

Small Business

Cash flow, suppliers, regulation and fraud — for the people who run the place themselves.

Four Cents a Letter, Three Times This Year

The Forever Stamp went to 82 cents this week. Postmaster General David Steiner told Congress in June that the agency is out of cash and borrowing from its own employees' retirement fund. Those two facts sit on the same page. If you still mail a check, so do you.

One Eviction, Reported Three Times

A tenant screening company will pay $2.25 million after the FTC said its reports counted the same court record over and over. In one case, two records showed up as fifteen.