Ambition Without Access, a newly released study by the Julian Bond Institute (JBI), an initiative of the Center for Responsible Lending (CRL), is the first nationally representative look at how wealth and financial aspirations differ across race and generations particularly for Blacks and Latinos.
Browsing: Business
The corporate world is getting flatter. In recent years, companies have had to respond quickly to unanticipated major shifts in the marketplace, including a worldwide pandemic and tariff-driven cost increases. One popular strategy is to find greater efficiencies where you can, and the most vulnerable are middle managers. This is the group that is not directly responsible for generating revenue.
Cash flow is essential to the management of any business, but it is especially important for small businesses, which tend to operate on tighter budgets. Cash flow measures how much money is coming in versus how much is going out. Having a positive cash flow means that your business can cover expenses, manage debt and invest for future growth.
But now, a pair of predatory lenders, Enova and Opportunity Financial (OppFi) listed on the New York Stock Exchange, have turned to a different approach for continued exploitation of the nation’s working poor: becoming a bank.
Predatory lenders target people struggling to meet monthly expenses, who have recently lost their jobs, and who are denied access to a wider range of credit options for illegal reasons, such as discrimination based on a lack of education or older age.
The U.S. Department of Education finalized a rework of the federal student loan system on Thursday (April 30), in compliance with President Donald Trump’s Working Families Tax Cuts Act, signed into law on July 4, 2025.
As the nonprofit sector has passed the first quarter of 2026, the operating environment has grown more complex, not necessarily because challenges are new, but because they are intensifying and intersecting in new ways. Workforce shortages persist, funding patterns remain uneven, and artificial intelligence is rapidly reshaping both opportunity and risk.
A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so was scheduled to launch Monday.
As state and local governments move through 2026 financial reporting cycles, GASB Statement No. 103 is no longer just on the horizon, it is here. Effective for fiscal years beginning after June 15, 2025, the standard now applies to June 30, 2026 year ends, making this the first widespread implementation year for many governments.
Some companies pay employees weekly. Others pay twice a month. Every other week is also popular. Company policies, industry traditions, and state and federal regulations all play a role in choices. Usually everything works out for everyone, but 2026 is special. Thanks to a rare calendar quirk, every-other-week companies are facing some hard choices.