Fed says, $2.3 trillion in aid might not be enough, is mulling a new plan for non-profits

Fed says, $2.3 trillion in aid might not be enough, is mulling a new plan for non-profits

The Fed is mulling new program for nonprofits. The Fed Thursday said it was making some adjustments to its planned $600-B “Main Street” lending program based on public comments and said it is mulling a separate approach to meet the” unique needs” of non-profit organizations. In a statement, the Fed said 1 adjustment would allow firms […]

US Aid/Relief Small Business Loans Being Approved, Money Being Dispersed Quickly

US Aid/Relief Small Business Loans Being Approved, Money Being Dispersed Quickly

By Friday, the US government had approved 661,000 loans to small businesses totaling $168-B under a program to address the fallout from the novel coronavirus pandemic. A $2.3-T economic aid/relief program enacted last month under the CARES Act allocated $349-B to loans to small businesses hurt by the health crisis that can be turned into […]

Some Places in the US Will Pay You to Move There

Some Places in the US Will Pay You to Move There

It is no secret that California’s affordable housing crisis and worsening wildfire season are driving some residents out of The Golden State. But in case you need an extra incentive to leave, the here a list of cities and states that are paying people to move in. Those places include: Vermont, whose Remote Worker Grant Program funds grants of up […]

How GCC Family Philanthropy Creates a Lasting Impact

How GCC Family Philanthropy Creates a Lasting Impact

How GCC Family Philanthropy Creates a Lasting Impact Ramy Sfeir examines the ways family businesses can make a difference to their communities Family businesses in the Gulf Cooperation Council (GCC) are major forces in regional philanthropy, supporting a wide range of causes. And as they undergo important internal changes, with new generations taking control, these […]

Millennials’ Worth 50% Less Than Boomers’ During Same Life Stage

Millennials’ Worth 50% Less Than Boomers’ During Same Life Stage

Millennials’ Worth 50% Less Then Boomers’ During Same Life Stage Despite being better educated, Millennials, on average, make 20% less than their parents did during the same life stage. Fully 63% of Millennials have more than $10,000 in Student Debt, they will be paying if for many years to come. A new study released today […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update The DEA approves a PTSD medical marijuana study, a Senate committee votes to rein in the DEA on medical marijuana, a Utah poll has very strong support for medical marijuana, and more. National Last week, the Senate Appropriations Committee voted to prevent the DEA from undermining state medical marijuana laws. The committee […]