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Kimberly Adams

πŸ‘€ Speaker
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2946 total appearances
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Appearances Over Time

Podcast Appearances

Marketplace
How small businesses navigated the ICE strike

For us, closing down on a Friday night at the end of the slowest month of the year just was not a business decision that we could do.

Marketplace
How small businesses navigated the ICE strike

You know, we couldn't support our staff financially if we did that.

Marketplace
How small businesses navigated the ICE strike

She says most employees told her... They want to work because they have rent to make at the end of the month.

Marketplace
How small businesses navigated the ICE strike

So she decided on a middle ground.

Marketplace
How small businesses navigated the ICE strike

They're open and donating 10% of sales all weekend to refugee and immigrant rights organizations.

Marketplace
How small businesses navigated the ICE strike

In the Twin Cities, hundreds of businesses shut their doors last Friday, including St.

Marketplace
How small businesses navigated the ICE strike

Paul's store, The Yarnery.

Marketplace
How small businesses navigated the ICE strike

But co-owner Scott Rohr says he's not shutting down today.

Marketplace
How small businesses navigated the ICE strike

He says he and the business are in this for the long term.

Marketplace
How small businesses navigated the ICE strike

So he's planning for what other actions or closures might look like in the future.

Marketplace
How small businesses navigated the ICE strike

I'm Carla Javier for Marketplace.

Marketplace
How small businesses navigated the ICE strike

Coming up... I want a nice drink.

Marketplace
How small businesses navigated the ICE strike

I want a fancy drink.

Marketplace
How small businesses navigated the ICE strike

I don't want to spend that money, though.

Marketplace
How small businesses navigated the ICE strike

Especially in this economy.

Marketplace
How small businesses navigated the ICE strike

But first, the numbers.

Marketplace
How small businesses navigated the ICE strike

The Dow Jones Industrial Average lost 179.4% to close at 48,892.

Marketplace
How small businesses navigated the ICE strike

The Nasdaq gave up 223.9% to finish at 23,461.

Marketplace
How small businesses navigated the ICE strike

And the S&P 500 dipped 29.4% to end at 69.39.

Marketplace
How small businesses navigated the ICE strike

Gold and silver were on a tear all month until they tanked today.