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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Chairman, Montclair Capital Group.

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S. and Australia. .

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

REITs are not exactly a source of good or even consistent news these days. Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan.

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For International Property Buyers, U.S. Presents Stable Investment Opportunities

PYMNTS

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. market for foreign investors. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates.

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Widening Borrower Protection’s Scope To SMBs

PYMNTS

But according to Pat MacKrell, president and CEO of New York-based small business lending firm Pursuit , the online alternative lending market has gotten good at hiding the true cost of financing from SMBs. One might think that once a borrower is presented with a 358 percent rate, they’d run – fast. ”

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Shipping Inconsistencies Plague Nonessential eCommerce

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Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Some states, such as New Jersey and New York, have granted distribution centers “essential” status, so they can remain open. the next day.”.

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Can A Poverty-Fighting Tool In Bhopal Work For Customers In Brooklyn?

PYMNTS

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S. A Long Journey.

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