This lender wants to close the racial wealth gap and 'put poverty out of business'
Community Development Financial Institutions, which provide banking and loan services to low-income communities, may be the best kept secret in the banking world.
Community Development Financial Institutions, which provide banking and loan services to low-income communities, may be the best kept secret in the banking world.
Brookings | Darrell M. West and Nicol Turner Lee | Au 13, 2020 Democratic candidate Joe Biden’s decision to put U.S. Senator Kamala Harris on his ticket means that we now have the fall lineup against Republicans Donald Trump and Mike Pence. Biden’s historic choice to put a prominent and well-respected African American woman on
Overall, more than a third of U.S. adults say they have less in cash reserves than they did pre-pandemic, with those earning less than $50,000 a year reporting a higher rate of reduced savings, according to a study.
As stimulus negotiations on Capitol Hill came to a halt, so did plans for quickly sending out another round of stimulus checks. But because more direct payments are popular on both sides of the aisle, they will likely still be included in the next legislative package. Here's what we know about when that could happen.
"I think this is the two economies. The 'V-shaped' recovery in stocks is not the 'V-shaped' recovery in the economy," CNBC's Jim Cramer said Thursday.
Unemployed workers are unlikely to get an extra $300 a week in benefits in the near future. Some state officials have signaled it could take a month or more.
The federal ban on evictions expired last month. Many states that paused their own proceedings have now allowed them to resume. The result: A record number of people could find themselves without a home during the pandemic.
California residents and business owners are facing the horror of a pandemic and wildfires that are blanketing the state in smoke.
As the IRS gets caught up on a large backlog of mail, taxpayers who mailed in checks months ago are now receiving notices from the taxman, indicating they still owe. Don't panic. Here's what you should do next.
Just two states have so far indicated they'll offer a $400 weekly boost to unemployment benefits. Many more are paying an extra $300 a week instead.
No matter how you choose to pay down credit card balances, here are the hard truths. Paying the minimum on a card will keep you in the red — and from using it again — for years.
Dynetics is a dark horse in the race against Elon Musk's SpaceX and Jeff Bezos' Blue Origin to build crewed lunar landers for NASA.
If you're scratching off that summer trip or concert festival due to the pandemic, you're not alone. However, getting back a full refund may be easier said than done. What you should know.
Americans who've lost a job or seen a reduction in take-home pay have barely any savings to stay afloat. That could be bad news as financial relief dries up without more coming soon from Congress.
"It is hard after we've moved so much to come in and say, 'You know what, you can still buy Target,' but you can still buy Target," CNBC's Jim Cramer said Wednesday.