Economy

The CDFI fund supports mission-driven lenders operating in rural, tribal, and otherwise underserved parts of the country. Last year, it awarded over $400 million to those institutions. 

In Colorado, industry and higher ed are teaming up to grow the rural climate workforce of tomorrow.

The Fed’s balance sheet, mentioned by Jerome Powell this week, tracks what the Fed owns and owes. And the Fed has stopped its buying spree, mostly to reduce its influence on the market.

Business owners are holding off on transporting goods around and loading up on additional inventory.

If the economy goes south, it could affect the ability of working people to continue making payments. And that could affect the banks’ bottom lines.

Joel Mokyr of Northwestern University thinks that AI can help humanity be more prosperous. Institutions and politics just have to keep up.

One reason banks are thriving is the number of mergers, acquisitions, and IPOs have increased over the past quarter.

Big companies are thinking that in a time of economic uncertainty, bigger is better.

But it might be a product of businesses holding back on imports after going on an import binge earlier this year to avoid tariffs.

On Monday, the winners of the prize were announced — and much of their work is salient at a time when AI threatens disruption to economies.