Browsing Category Archives

Based on “Featured News”.

New Mexico consortium aims to expand lending in low-income communities

Entrepreneurs in low-income and immigrant communities often lack access to capital that could help expand their businesses, thereby easing generational poverty. These business leaders, moreover, tend to rely on informal lenders who offer small, costly, high-interest loans that can lead them into a debt cycle.

Alaska’s wettest region now in extreme drought

According to U.S. Drought Monitor scientists, southeast Alaska’s wettest area has been in extreme drought for two years. The scientists say this is a severe dryness that has never before been registered in the area.