While the issues raised by the Federal Reserve and Harvard may sound like variations on an old theme, 150-year-old global finance company Goldman Sachs is urging the public and private sectors to invest in a targeted and sustained manner to close the gap of racial wealth in the United States. . Although the report focuses …

Venture capitalists are moving away from the payday lending space, a decade after rushing into it. Driving the news: LendUp, which had raised more than $ 200 million from companies like Google Ventures, this month stopped making loans. Axios obtained a letter sent to shareholders, in which CEO Anu Shultes said payday loans “are no …

The decision brings clarity and further supports the need for common sense consumer protection guidance that also protects access to credit for millions of everyday consumers CHICAGO, September 02, 2021– (COMMERCIAL THREAD) – OppFi Inc. (NYSE: OPFI) (“OppFi“), a leading fintech platform that enables banks to help ordinary consumers access credit, welcomes the recent ruling …

Chicago’s Evanston suburb became the first American city to offer restitution money to black residents whose families have suffered lasting damage from decades of segregation and discriminatory practices. City council voted 8-1 Monday to begin distributing US $ 400,000 to eligible black residents through grants of US $ 25,000 for home repairs, down payments or …

98% of people in the United States live at a high or substantial risk of transmission compared to 19% about a month ago. The average number of new daily COVID-19 cases in Chicago exceeded 400 on Monday, the highest since May 7 and a ten-fold increase from the lowest rate in June. The mark of …

PAIGE FRY Chicago Tribune Two Chicago police officers were gunned down Saturday night in the West Englewood neighborhood in the southern part of the city, according to Chicago police. One of the officers, a female, died, according to the Chicago Police Department. The other is fighting for his life, First Deputy to the Superintendent. Eric …

ANNIE SWEENEY Chicago Tribune Days after Darren Cole made public last March that he was detained by Chicago police more than 60 times because he shared a name with a man with an arrest warrant, the city has helped clear up the case. But the cooperation did not last long. Now the city of Chicago …

CHICAGO (WLS) – Governor JB Pritzker, along with the Illinois Legislative Black Caucus, are celebrating a new round of laws aimed at addressing racial inequalities and systemic injustices. “We have the opportunity to make fundamentally positive changes that will benefit many who have been left behind and left behind for too long,” said Pritzker. Laws …

(David Mark / Pixabay) For months, progressive members of Chicago’s city council have prepared to wage a merciless battle to convince Mayor Lori Lightfoot to spend every cent of the $ 1.9 billion Chicago earmarked from federal COVID-19 relief funds. in direct aid to struggling Chicagoans and small businesses. Lightfoot and his finance team had …

CTU and management negotiated until late Monday, but remain far apart on issues such as probation and special education needs. 7:30 a.m. TODAY, Tuesday June 8: socially distanced press conference with educators, parents. Urban Prep campus Englewood, 6201 S. Stewart Ave. CHICAGO – Educators from three Urban Prep campuses will hold a press conference at …