A looming “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape.

Nearly half of U.S. small-business owners are 55 or older, yet just 54% have a succession plan in place — setting the stage for a potential retirement shock that could leave many companies vulnerable over the next decade, according to Forbes.

The stakes are high. Small businesses employ more than 62 million Americans and account for roughly 43% of U.S. GDP, according to the U.S. Small Business Administration. 

If a significant share of those businesses close instead of transitioning to new leadership, communities nationwide could feel the effects, American Operator Founder William Fry told FOX Business.

PAYCHECKS KEEP RISING FOR AMERICAN WORKERS, PROVIDING BOOST TO HOUSEHOLD BUDGETS

A “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape. (iStock / iStock)

“They’re huge creators of wealth, and in my opinion, they’re the most pure version of the American Dream — you come to this country, and you can build a better life for yourself,” Fry told FOX Business.

Many owners have spent decades building their businesses on relationships and reputation, making succession decisions deeply personal.

After 12 years growing a painting company in Jackson, Wyoming, husband-and-wife team Erik and Kassie Hansen began considering their next chapter at Greenway Painting — whether to sell the business or step away entirely.

By 2024, 90% of the company’s revenue came from commercial clients, and 85% came from repeat customers, a testament to the loyalty they had cultivated.

“All of our clients are very important,” Erik Hansen told FOX Business. “Especially in a small town, they are like friends or family when you work with them for years and years. You want to make sure they get well taken care of. That’s important.”

SELF-DEFENSE COMPANY FINDS MAJOR BENEFITS AFTER MOVING MANUFACTURING FROM OVERSEAS TO US

Erik and Kassie Hansen stand together in Jackson, Wyo. The husband-and-wife team own Greenway Painting. (American Operator)

Companies like American Operator aim to bridge the succession gap by pairing retiring owners with operators ready to take the reins.

In Greenway’s case, that operator was Anthony Douglas, a former U.S. Air Force Combat Controller who previously founded and scaled his own painting company in Tucson, Arizona.

“One of the reasons why I was attracted to Greenway Painting was that it was a relational business,” Douglas told FOX Business. “Greenway was pretty successful without having any advertising or marketing.”

In October 2025, Douglas became CEO and a day-one equity partner, acquiring a 10% stake with a structured path toward majority ownership over time.

SMALL BUSINESS OWNERS REMAIN ‘CAUTIOUSLY OPTIMISTIC’ HEADING INTO 2026 AMID RISING COSTS, LABOR CHALLENGES

Anthony Douglas sits in a vehicle in Jackson, Wyo. Douglas said he was drawn to Greenway Painting’s relationship-driven model and strong reputation. (American Operator)

He relocated to Jackson from Tucson to lead the company, focusing on preserving customer trust while gradually putting his own stamp on operations.

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For companies like American Operator, the coming wave of retirements also represents an opportunity to preserve local businesses that form the backbone of the American economy. 

“To open this opportunity to all that answer the call of ownership, and to let everyday Americans share in the upside, we are working towards building America’s small business stock,” its website states. “Our goal is a public offering that allows millions of Americans to have a stake in the American Dream.”

As spring approaches in 2026, pop superstar Taylor Swift continues to command global attention, with recent reports centering on her upcoming wedding to Kansas City Chiefs tight end Travis Kelce, ongoing promotion of her latest album and lingering fan theories about future music and tours.

Multiple entertainment outlets reported March 1 that Swift and Kelce have finalized a wedding date of June 13, 2026. The couple, who began dating in the summer of 2023 and announced their engagement privately in late 2025, reportedly selected the mid-June Saturday for what sources describe as a large but intimate ceremony. Details remain closely guarded, but insiders suggest heightened security measures described as “military-level precise” to ensure privacy amid intense public interest.

The wedding planning comes after Swift’s record-breaking Eras Tour concluded in 2024, followed by the release of her 12th studio album, “The Life of a Showgirl,” in October 2025. The upbeat project has generated mixed but widespread discussion, with Swift addressing criticism in recent interviews by noting that any conversation—positive or negative—ultimately benefits her visibility and career.

In a wide-ranging appearance on the “New Heights” podcast hosted by Kelce and his brother Jason, Swift discussed the album’s creation and shared playful moments, including reading a romantic letter Kelce wrote her during the tour’s final stretch. The Disney+ docuseries “The End of an Era,” which chronicled the tour’s closing nights, featured the note and other personal insights, delighting fans with behind-the-scenes glimpses into the couple’s relationship.

Friendships remain a prominent theme in Swift’s orbit. On March 4, Selena Gomez shared details of a handmade gift Swift created for her 30th birthday—a stunning painting on cloth that Gomez called one of the “best” she’s ever seen and the “sweetest” present received. Gomez has also confirmed that several Swift songs, including an unreleased track, draw inspiration from their long-standing friendship. The revelation sparked excitement among fans speculating about potential future collaborations or a long-rumored “family” themed song.

Swift’s personal life intersected with sports headlines when Kelce’s casual chat with Kai Trump drew reactions from self-described Swifties, including influencer Bronwin Aurora. Meanwhile, Kelce faces retirement decisions with the Chiefs, with friends expressing confidence in his next move. Swift was absent from Super Bowl LX in February 2026, where Kelce attended pre-game events and the game itself without her, marking a departure from her visible support during previous seasons.

Professionally, Swift continues promoting “The Life of a Showgirl.” She shared a makeup-free behind-the-scenes video for the “Opalite” music video, featuring producer Shellback and ’90s-inspired aesthetics starring actor Domhnall Gleeson. Swift later revealed Easter eggs in the clip, fueling fan decoding sessions typical of her releases.

Speculation persists about 2026 projects. While Swift has not confirmed a new tour, sources indicate “ideas percolating” for a potential “Life of a Showgirl” run, building on her positive Eras Tour experience. The 20th anniversary of her self-titled debut album in October 2026 has prompted predictions of special releases, possibly including vault tracks from “Reputation” or a reimagined edition. Fans also watch for hints of a 13th studio album, with some theorizing ties to personal milestones like her wedding.

In legal and business news, Swift successfully resolved a trademark dispute in February when a bedding company withdrew its “Swift Home” application after her appeal to the U.S. Patent Office. The move underscored her ongoing efforts to protect her brand.

Philanthropy and cultural impact remain strong. Swift sent a message to 2026 Olympics athletes, particularly women’s figure skating team members, and was linked to Team USA initiatives. A defaced mural in her honor sparked backlash over environmental concerns related to tour emissions, though the artist expressed devastation.

Older headlines linger, including resolved plots against her concerts and fake ticket scams, but Swift’s focus appears forward-looking. As June approaches, anticipation builds for what could be one of the year’s most talked-about events.

Swift’s influence extends beyond music. Her fashion choices, like a $13,000 designer outfit worn on a recent New York City date with Kelce, and rare public outings continue to trend. Even non-music moments, such as her playful “wood” lyric reference on a podcast, generate laughs and headlines.

With the wedding date set and album promotion rolling, Taylor Swift’s 2026 story blends romance, creativity and enduring stardom. Fans and observers alike await the next chapter in what remains one of entertainment’s most captivating narratives.

Singaporeans leaving Dubai amid the Middle East crisis began their journey with a bus ride to Muscat, Oman, to catch the country’s first repatriation flight from the region, arriving at Changi on March 7. They shared their experiences of the transit and the challenges faced during this evacuation.

Briefing and Routine

The event started with a briefing, where about 80 people gathered, including couples, singles, older family members like uncles and aunts, mostly Singaporeans living in Dubai. The atmosphere was calm and organized, with refreshments provided on the bus. Participants appeared tired but prepared, as they were asked to arrive early at 6:30 a.m. after a light breakfast and a short briefing, everyone seemed to be ready for the day ahead.

Observations and Environment

The group noted that since the initial attack, the key areas affected in Dubai included landmarks such as Dubai Marina, Downtown Dubai, and the Burj Khalifa. Despite the unsettling circumstances, the weather was beautiful, and the overall atmosphere remained calm. The event’s organization was efficient, starting from the hotel to the transportation, which contributed to a sense of order amid uncertainty.

Personal Feelings and Safety

The individual expressed a sense of reassurance, feeling that the situation was under control due to the well-organized arrangements. While the times are unsettling and unprecedented for most, the experience so far has been smooth and professional. The general sentiment reflected confidence in the safety measures and the preparation involved in managing the events, providing a reassuring perspective during a tense period.

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Apple’s flagship iPhone 17 Pro Max, released last September, now shares the spotlight with the newly unveiled iPhone 17e, a $599 budget model that brings many modern features to a lower price point while highlighting the stark contrasts in the company’s 2026 smartphone lineup.

The iPhone 17e, announced March 2 and set for release March 11, arrives as Apple’s most affordable current-generation device, starting at $599 for 256GB storage — double the base capacity of its predecessor, the iPhone 16e, at the same price. Preorders opened March 4, with the device available in black, white and a new soft pink finish.

In comparison, the iPhone 17 Pro Max starts at $1,199 for 256GB, positioning it as the premium large-screen option with top-tier performance, camera capabilities and battery life. The gap of $600 underscores Apple’s strategy of offering tiered choices: the entry-level 17e for cost-conscious buyers seeking solid everyday use, and the Pro Max for power users demanding the best hardware.

The iPhone 17e retains a familiar 6.1-inch Super Retina XDR OLED display with a notch for the TrueDepth camera system, rather than the Dynamic Island found on higher models. It features Ceramic Shield 2 front glass for 3x better scratch resistance than previous generations, an aluminum frame and IP68 dust and water resistance. The display runs at 60Hz without ProMotion adaptive refresh rates or Always-On capability.

Powering the 17e is Apple’s A19 chip with a 6-core CPU (2 performance, 4 efficiency cores) and a 4-core GPU, paired with 8GB of RAM. This setup delivers strong performance for daily tasks, gaming and Apple Intelligence features, though the GPU has one fewer core than the A19 in the standard iPhone 17. It includes Apple’s latest C1X cellular modem for faster connectivity, up to 2x improvement over the prior C1 in the 16e.

Camera-wise, the 17e sports a single 48MP Fusion main sensor that enables optical-quality 2x telephoto shots and captures 4K Dolby Vision video. It supports next-generation portraits and advanced computational photography like Photonic Engine, Deep Fusion and Smart HDR 5. The 12MP front camera handles selfies and video calls with features like Retina Flash.

Battery life benefits from efficient power management, though exact capacity remains around 4,000 mAh in estimates. New this year is MagSafe support for faster wireless charging and a vast accessory ecosystem, along with Qi2 compatibility — a significant upgrade from the 16e.

Satellite features, including Emergency SOS, Roadside Assistance, Messages and Find My via satellite, ensure connectivity in remote areas.

The iPhone 17 Pro Max, by contrast, targets enthusiasts with a larger 6.9-inch Super Retina XDR display featuring ProMotion up to 120Hz, Always-On display, peak brightness of 3,000 nits and Ceramic Shield 2 on both front and back for enhanced durability.

It runs on the more powerful A19 Pro chip with a superior GPU, 12GB of RAM and advanced thermal design including vapor chamber cooling for sustained performance during intensive tasks like video editing or gaming. Storage options extend to 2TB.

The Pro Max’s camera system stands out with three 48MP Fusion lenses: main, ultrawide and a new telephoto offering extended optical zoom (up to 8x equivalent in some configurations), macro capabilities and professional-grade video recording. It excels in low-light performance, computational photography and versatility.

Battery capacity approaches 5,088 mAh in reports, delivering what Apple calls the best life ever in an iPhone, aided by efficiency gains in iOS 26.

Design differences include a titanium frame on the Pro Max for premium feel and lighter weight relative to size, versus the aluminum on the 17e. The Pro Max measures roughly 6.43 x 3.07 x 0.34 inches and weighs 233 grams, while the 17e is more compact at about 5.78 x 2.82 x 0.31 inches and 169 grams.

Both run iOS 26 with full Apple Intelligence support, ensuring long-term software updates, privacy features and ecosystem integration.

Analysts see the 17e as a smart evolution for Apple’s budget segment. By adding MagSafe, doubling base storage and upgrading to the A19 chip without raising the price, it narrows the gap to mid-tier models like the $799 iPhone 17. Early reviews praise its value for users prioritizing battery, camera basics and modern connectivity over pro-level extras.

The Pro Max remains the choice for creators, photographers and those wanting maximum screen real estate and performance. Its larger form factor suits media consumption, multitasking and extended use.

As preorders ramp up for the 17e, Apple positions it as “feature stacked, value packed,” appealing to first-time iPhone buyers or those upgrading from older devices. The Pro Max continues to dominate premium sales, driven by its unmatched hardware.

The release highlights Apple’s segmented approach in 2026: accessible entry points like the 17e alongside flagship powerhouses, giving consumers clear trade-offs between price and capability in a competitive smartphone market.