GROWING PESSIMISM: A survey by the National Federation of Independent Business shows that small business owners were less optimistic in July for the second straight month.

THE REASONS: A growing number of owners expect sales to fall in the next three months. NFIB Chief Economist William Dunkelberg said owners are anxious because they don’t know what their taxes will be like next year — and they likely won’t know until after the November elections.

Recommended Stories

Who are the Republicans running without Trump’s endorsement?

Americans turn against socialism in last months before midterm election: Poll

Democrats near the prize: Election-law overhauls in battleground states