Whether or not a single job or company is saved through the CARES Act’s Paycheck Protection Program (PPP), lenders will be paid hundreds of millions of dollars in taxpayer money. As [...]
By Margaret Flowers and Kevin Zeese, Clearing the FOG. -
It has been a hundred years since the first and only public bank was created in the United States, in North Dakota, but now there is renewed interest in starting more public banks. California [...]
For the first time since the war on marijuana was declared by President Richard Nixon, progressive marijuana law reform was considered on the Floor of the House of Representatives, and won by a [...]
Banks and credit unions have been accepting significantly more marijuana businesses in 2019, according to new federal data.
At the end of the last quarter of 2018, there were 438 banks and 113 [...]
WASHINGTON—Israel’s three largest banks—Hapoalim Bank, Leumi Bank and Mizrahi Tefahot Bank—have all been ordered to pay record fines, which collectively are set to total over $1 billion, to the [...]
On April 3, 1968 Martin Luther King Jr. gave his last speech, pleading with Black America to shift their wealth into Black owned institutions the night before his assassination. It is by no [...]
Last week, the cities still in the running for Amazon’s HQ2 officially found out the bad news: despite months of effort and billions of dollars in subsidies assembled, they will not be the new [...]
The next financial crisis is all but inevitable. While its exact timing and severity cannot be predicted, both the accelerating frequency of crises in recent decades and the continued [...]
In 2014, then-Santa Fe Mayor Javier Gonzales recognized that poverty and shrinking city budgets were problems that needed out-of-the-box solutions. Deeply concerned with inequality, Gonzales [...]
We have entered a landmark moment: no president since Woodrow Wilson (during whose administration the Federal Reserve was established) will have appointed as many board members to the Fed as [...]
MINNEAPOLIS—On an unseasonably warm Friday in late January, African-American business owners, activists, advocates, musicians, politicians and artists toasted with a “come-up” cocktail: a healthy [...]
In early January 2018, capitalists across the globe were celebrating the fact that the Dow Jones had rallied by 45% since the election of Donald Trump. Likewise, brokers were beaming in Sandton [...]
Thirty states and the District of Columbia currently have laws broadly legalizing marijuana in some form. The herb has been shown to have significant therapeutic value for a wide range of medical [...]
The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells [...]
By Aaron Kesel for Activist Post. Hawaiian state officials announced Tuesday that Hawaii will be the first state to require the sale of marijuana to be cashless, paid with a special debit card [...]