businesses

Wells Fargo enables CDFIs to expand their impact on small businesses

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Wells Fargo enables CDFIs to expand their impact on small businesses

Cupcakin’ Bake Shop: Fresh, handcrafted cupcakes in San Francisco and Atlanta. Cupcakekin’ Bakery Wells Fargo’s Open for Business Fund*, created with $420 million in Paycheck Protection Program processing fees, provided a lifeline to struggling small businesses during the pandemic. By offering flexible grants to more than 200 nonprofits, including Community Development Financial Institutions, the fund … Read more

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

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Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Bangladesh, which remains on the brink of instability, is facing a severe economic crisis. According to data from the Bangladesh Bureau of Statistics, the consumer price index (inflation) hit a 12-year high of 11.66 percent in July. Food inflation, in particular, exceeded 14 percent in July for the first time in 13 years, The Daily … Read more