The outbreak of war in the Middle East has already affected energy prices, amid concerns that inflation may rise in the coming months. Despite this difficult market environment, most London-based small businesses remain committed to short-term growth plans.
When I opened my bakery a year prior, I knew it would be hard. I had taken out loans. I had put in my own savings. I understood that small businesses require money for everything: rent, ingredients, payroll, insurance, and taxes.
I ended up moving back to New Jersey and outfitted my mom's garage into a baking studio. And that's when I started doing custom orders and pop-ups and filming TikToks and stuff like that. From there, it was just kind of the snowball effect.
According to the Registered Agents Inc. December Business Formation Report, more than 5.9 million new businesses were formed in 2025, an 8% increase over 2024 nationwide. And sure, it's easy to point to the usual heavy hitters, states like Florida and Texas, which posted another standout year and outperformed 2024 month after month.
We had to be a little bit pragmatic with the space because it's not massive. We need to maximize the space indoors, so benches along the walls made the most sense to get the most people able to hang out with us while not shrinking the bar so much that we can't efficiently do what we want.
Scroll through social media and it feels like everyone has the next big side hustle figured out. Dropshipping. AI services. Crypto. Faceless YouTube channels. But when real people compare notes after months or years of trying, the tone changes fast. Boring Beats Hype Every Time "I've tried so many side hustles and most were trash," one Redditor wrote in a recent discussion about long-term income ideas. That comment captured the mood of the entire thread.
When Matt Charette arrived at his business, Matt's Barber Shop, just before 10 a.m. Tuesday, he expected an ordinary workday. Instead, he was met with several inches of ice on his storefront steps. "What the hell is that?" he recalled thinking to himself. He could hear the sound of rushing water, and opened the door to a devastating sight. Inside, he found four inches of standing water consuming the mid-century modern furniture, artwork, barber tools, and vinyl records he'd been collecting for years.
TikTok on Wednesday announced the launch of a new "Local Feed" in the U.S. version of the app, which displays content related to travel, news, events, shopping, and dining near the user's current location. The feed's arrival comes shortly after a change in TikTok's terms of service under the new U.S. joint venture, which said that the app would begin to collect precise location information from TikTok users.
Salted caramel isn't going away. Neither is the hot honey trend. Ditto for Dubai chocolate. At least that's our unofficial prediction. We're basing that on the number of candy makers, bakers and national brands dabbling in crunchy pistachio and chocolate these days. And on the number of folks who are already pistachio lovers. And on the mainstream marketing efforts. We've seen the bars sold recently at a farm stand, a gas station counter and a big-box store checkout line.
On Sunday, Zoitas told Fortune, he was at the Knicks game and met some people from the predictions marketplace Kalshi, who offered to pay for an event where shoppers could receive $50 each in free groceries between noon and 3:00 pm. Fortune calculated that, if all 300 or so people in line spent this full allotment, it could cost Kalshi up to $150,000 in groceries.