The Sorry State of Small Business

According to research from the JPMorgan Chase Institute, prior to the coronavirus pandemic, small businesses in the U.S. had an average of less than 15 cash buffer days. Director of business research for the JPMorgan Chase Institute Chris Wheat joins Dan to shift through the data and determine how healthy America’s small businesses were before the coronavirus struck.  PLUS: Private equity goes to court and the year’s biggest retail bankruptcy

Om Podcasten

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.  Axios Re:Cap is on hiatus until October 2021.