When COVID struck, the Federal Reserve stepped in to try to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, who is benefitting and at what cost?
The Paycheck Protection Program or PPP provides federally-backed forgivable loans to businesses whose revenues may be impacted by the COVID-19 crisis. According to the Center for Responsible Lending, little of the $659 billion fund has made it to Latino and…
For young people early in their careers, the COVID-19 pandemic and its economic fallout are perhaps the first time they are navigating financial hardship as an adult. Many are navigating job loss, salary reductions, a volatile stock market, and economic…