The U.S. Small Business Administration (SBA) announced it would hold a national competition for $6 million in grant funding. The competition is part of a new Women’s Business Center (WBC) Modern...
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First Bancorp is acquiring First Carolina Bancshares Corporation, the parent company of Carolina Bank & Trust Company. The stock and cash transaction is valued at $166 million. Carolina Bank...
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The new Education Freedom Tax Credit will make taxpayers eligible for a credit up to $1,700 for qualified contributions made to organizations that fund scholarships for low- and middle-income students...
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America’s Credit Unions are urging the House Rules Committee to include two potential amendments and express opposition to two others in the FY27 National Defense Authorization Act. Specifically,...
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ODNB Financial Corporation, the holding company for Old Dominion Bank, announced it would merge with National Capital Bancorp, Inc., to form the seventh largest bank headquarters in Washington, D.C. ...
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New York Mayor Zohran Mamdani and Comptroller Mark Levine announced a $20 million deposit in Ponce Bank would be available to strengthen community banking and expand opportunities for Upper Manhattan ...
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The 2026 World Cup is expected to generate significant short-term economic activity in the United States, officials with BMO Economics said in a new report, including up to $81 billion in incremental ...
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Investment firm Crescent Capital Group closed on its fourth U.S. direct lending fund, Crescent Direct Lending Fund IV. For the fund, the company raised $10.8 billion in investable capital, includin...
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Target date funds (TDFs) are a core investment option in 401(k) plans, according to a study by the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI). TDFs offer age-app...
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President Donald Trump signed into law on May 19 legislation that increases the capital available to small businesses. The Investing in All of America Act passed both chambers of Congress unanimously....
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