Black- and Latinx-owned small businesses and liquid wealth

Small business ownership is commonly thought to not only be a vehicle for financial stability and wealth building, but also a way to close the racial wealth gap. Small businesses are known to be a key component of the small ...

Climate policies, transition risk, and financial stability

The way in which banks react to climate risks and uncertainty could impact financial stability as well as the world's transition to a low-carbon economy. A new study by researchers from IIASA and the Vienna University of ...

Rural resilience rests on a green recovery

The coronavirus pandemic has sent shockwaves across the world's economy, and policymakers have so far responded with a focus on financial stability. But food system experts fear this will keep rural communities on a 'business-as-usual' ...

Leading through COVID: Helping the hardest hit

Even when the economy was roaring along, far too many Americans lacked the savings and support to respond to an unexpected loss of income. The COVID-19 crisis has thrown that fragility into stark relief. We talked with Andrea ...

Financial therapy can aid well-being, stability

Financial therapy—a relatively new field that combines the emotional support of a marriage counselor with the money mindset of a financial planner—could help couples navigate disagreements, money concerns and financial ...

Too many bank mergers can hurt small businesses

Banks in the United States have been merging at a rapid pace in recent years, with regulators speeding up the approval process and making few or no denials.

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