As 2024 draws to a close and the holiday shopping season wraps up, small business owners are turning their focus to the opportunities that 2025 will bring. This transition period is ideal for establishing New Year goals and reflecting on the successes and challenges of the past year.
In this final news roundup of the year, we review key headlines relevant to small business owners, providing insights as they prepare for the year ahead.
Small Business News Roundup – Dec. 28, 2024
Here are the significant headlines that impact small business owners from the past week.
One-Year Delay Secured for Corporate Transparency Act Reporting
In a crucial win for small businesses, a one-year delay in the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements has been successfully advocated. This pause will offer small business owners more time to comply with these regulations.
PANTONE 2025 Color of the Year Announced
The color for 2025 has been revealed as PANTONE 17-1230 Mocha Mousse, a warm and inviting brown that embodies comfort. This announcement was celebrated at a unique event that lit up a London landmark in the color.
Zelle Defends Against CFPB Lawsuit, Claims Are “Meritless”
Zelle has responded strongly to a lawsuit initiated by the Consumer Financial Protection Bureau (CFPB), describing the claims as unfounded and indicating potential adverse effects on consumers and small businesses.
Major NFT Fraud Case: Two Charged
Two individuals from California have been charged by federal prosecutors in connection with a significant non-fungible token (NFT) fraud scheme, accused of deceiving investors out of over $22 million through a series of digital asset scams.
Gas Prices Rise Slightly Amid Increased Holiday Travel
Gas prices have seen a slight uptick across the United States, now averaging $3.04 per gallon, marking a two-cent increase from the previous week, coinciding with record-high holiday travel expectations, particularly by car.
Exclusive Web Design Collection Features 2025 Color of the Year
An exclusive web design collection has been launched highlighting PANTONE 17-1230 Mocha Mousse, the 2025 Color of the Year, showcasing its applications in modern digital design.
Partnership to Enhance AI-Powered Creativity Tools
A new partnership aims to integrate advanced AI creativity tools within a secure content management framework, simplifying processes for businesses in managing their digital media.
Diverse AI Tools Beyond ChatGPT Highlighted for Small Businesses
While ChatGPT often dominates discussions around AI, it’s essential for small business owners to recognize a variety of other AI tools available that can significantly enhance their operations.
SBA Launches $9 Million Fund to Support Innovation
The U.S. Small Business Administration (SBA) has announced the 2025 Growth Accelerator Fund Competition, offering up to $9 million to support organizations that foster innovation and entrepreneurship in underrepresented communities.
