March 14, 2025

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Loans

Struggling Small Businesses: The Lingering Impact of Covid-19 EIDL Loans | West Virginia Business News

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Mortgage

Mortgage Interest Rates Today, August 25, 2024

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Mortgage rates inched down following a Friday speech from Federal Reserve Chair Jerome

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Mortgage

Mortgage Interest Rates Today, August 24, 2024

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Mortgage rates dropped substantially earlier this month and they remain low today. Average

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Loans

New state program backs loans to Arizona microbusinesses

Arizona is launching its new microbusiness loan program through community lenders statewide, including the Tucson-based Community Investment Corp. and Groundswell Capital for Southern Arizona. The program was established by the Legislature last year to provide $5 million statewide for loans of up to $50,000 through community lending agencies to independently owned Arizona businesses with five

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Loans

Consumer Borrowing Rises Less Than Expected in June

Consumers’ total outstanding credit increased by $8.9 billion in June, with a rise in non-revolving credit partially offset by a decline in revolving credit. Non-revolving credit increased by $10.6 billion during the month, while revolving credit declined by $1.7 billion, the Federal Reserve said Wednesday (Aug. 7) in its monthly report on outstanding consumer credit. In terms of percentages,

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Crypto

How J.D. Vance, Trump’s VP Pick, Invests His Millions

If former President Donald Trump wins reelection, he will have power to set policies that affect the values of crypto, oil, and venture capital. His vice presidential pick, J.D. Vance, has financial interests in all three. In 39-year-old Vance, Trump picked a young populist with connections to Silicon Valley rather than a traditional big-business conservative.

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Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Crypto

Bitcoin Price Jumps. It Signals a Trump Victory Could Boost Cryptos.

The Bitcoin price was surging in early-morning trading on Monday as markets reacted to the assassination attempt on former U.S. President Donald Trump. The token, which is the largest cryptocurrency in terms of market capitalization, was up 5% over 24 hours to $62,903. Excitement about the launch of several exchange-traded funds helped bitcoin hit a record high

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Loans

How banks, regulators are navigating office loan challenges

Alanis Morissette could have been talking to regulators and lenders in her 1995 hit “You Learn” which highlighted the benefits of experience. Instead of “you live…you learn,” for bankers it is “you lend……you learn.” In the early 1990s a drawn-out real estate recession and recovery was the result of banks and regulators being heavy-handed when

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Crypto

Bitcoin and Other Cryptos Rise. Why July Could Be a Tough Month for the Sector.

Bitcoin and other cryptocurrencies were rising early on Monday but the sector still faces headwinds going into the second half of the year. Bitcoin was up 4.1% over the last 24 hours to $63,311. That means the largest cryptocurrency has largely recouped the losses that came after last week’s news that the trustee of Mt. Gox,

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