Wells Fargo enables CDFIs to expand their impact on small businesses

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

Can this small economy show Europe how to compete again? | eKathimerini.com

Can this small economy show Europe how to compete again? | eKathimerini.com

Sweden’s economy has in many ways suffered the same travails as the rest of Europe: recent bouts of crushing inflation and recession, and now the prospect of meager growth in a world riven by geopolitical and economic conflict. Yet this tiny Nordic country boasts a roster of high-tech entrepreneurs that is the envy of its … Read more

Restaurateurs reveal the small changes in diner habits that suggest America may be in serious economic trouble

Smoke Shop BBQ, which has several locations in the Boston area, has reported a significant slowdown in sales as customers stop eating out.

Americans are starting to tighten their purse strings and eat out less, raising alarm bells among restaurant owners that the U.S. economy may be on the brink. Research firm Circana found that the number of people visiting restaurants fell 2.6 percent during the first half of the year, the Boston Globe reported, a trend driven … Read more