A small-loans nonprofit that lifted thousands out of poverty in Tanzania, Bolivia and Uganda has now set its sights on reducing record-high unemployme...
The salvation for small businesses appears to be the community banks that represent just 10% of all U.S. banks. These bankers live in the community. These are the old-fashioned relationship bankers that want to know about the character of the person they lend to.
Venture capitalists are often viewed as the heroes of the entrepreneurial Wild West. Without their willingness to gamble on the future success of unproven companies and products, the world would surely be a much poorer and less innovative place. Right?
Burn it in the fireplace, recycle it with this week's trash, or deep-six it in the back of a storage closet. You'll probably be doing yourself a favor. Let me explain why.
The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...
As the struggling recovery inches along, many of us on the ground know residential real estate's dirty little secret: getting to the closing table has become increasingly more difficult.
Startup funding is actually more accessible now thanks to social networking and crowdfunding platforms that match amazing new ideas with people who want to be part of the next big thing.
Dear Santa, this is Michael Sinensky. I'm 31 years old. Presently I have a company that employs approximately 300 employees. I've put together my wish list, let me know what you can do.
There is a crisis occurring in 12.3% of the American population, otherwise known as Black America.
The crumbling economic infrastructure of the natio...
The banking industry mentality is deeply conservative -- not the kind that makes sure that loans are collateralized and deposits protected. Rather, it is a mentality produced by an out-of-date understanding of the world.
Lending across the U.S. economy contracted 7.4 percent last year, the biggest such drop since 1942, according to the Federal Deposit Insurance Corp. T...
Oct. 2 (Bloomberg) -- The number of U.S. lenders that can't collect on at least 20 percent of their loans hit an 18-year high, signaling that more ban...
I know it's not nice to gloat, but the recent news of the financial turmoil at Stuyvesant Town and Peter Cooper Village is just too good a story of greed and stupidity to let it pass.
Reports filed by banks with the Federal Deposit Insurance Corporation indicate that at the end of June about one-sixth of all construction loans were ...
June 5 (Bloomberg) -- Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record los...
Overall loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever,...
A government program designed to rid banks of bad loans, part of a broader effort once viewed as central to tackling the financial crisis, is stalling...
U.S. taxpayers need to know the risks behind the Federal Reserve's $2 trillion in lending to financial institutions because the public is now an "invo...
"Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending poli...
This nation doesn't need a weaker CRA, but a re-conceived and far stronger tool in the effort to ensure ready access to quality, non-discriminatory, financial services in all communities.