Tom Quaadman Economic prediction is a dangerous profession, but when Federal Reserve Chair Jerome Powell says he’s “not even thinking about thinking about” raising interest rates you know he’s signaling something about the dire state of the economy. Like previous responses to emergency economic crises, we must utilize every available policy and monetary tool to help save jobs while stabilizing American businesses and the wider economy.  The current predicament is not the cause of the business cycle or market failure. The fundamental cause… Read more about How the Fed, Financial Industry Are Helping to Keep Main Street Going

Lindsay Cates The moment Paycheck Protection Program (PPP) applications were open for the self-employed and sole proprietor small businesses, Krystal Douglas, owner of Music City Sewing in Nashville, had her paperwork ready. Before the COVID-19 crisis, Douglas was dressing Grammy-winners and rock stars, but with live music events cancelled for the foreseeable future, her entire sewing business of creating custom stage costumes and backdrops had come to a sudden halt.  Douglas initially had trouble securing a… Read more about PPP Funds Reach Self-Employed, Small Businesses with Help of FinTech Lenders

Tom Quaadman Since the beginning of the pandemic, businesses across all sectors have played a significant role in helping individuals, communities, and other businesses get through these trying times. We recently highlighted a few examples of how the financial services industry is helping communities directly while ensuring their customers maintain access to the funding they… Read more about Why Keeping Dividends Going in Tough Times Is the Right Call