Retirement Crisis Looms for Middle-Income, Minority Seniors
Amid growing financial insecurities, middle-income Americans, specifically those from Black and Hispanic communities, could be heading towards a retirement crisis. This demographic, often referred to as the “overlooked middle”, faces potential struggles with costs of necessary healthcare and housing, thereby affecting their self-supported and respected retirement plans.
Research conducted by the NORC at the University …
Influential Women Transforming Various Sectors Announced for 2024
The 2024 list of Influential Women impacting sectors like marketing, advertising, creativity, media, technology, and PR has been released. These inspiring women have broken barriers, reshaped industries, and set new standards for excellence.
Their influential roles have fostered a more inclusive professional landscape, inspiring many others. Whether it’s pioneering advancements in technology or breaking new …
National Entrepreneurship Week Equips University Students for Business
The National Entrepreneurship Week rolled out a series of events aimed at university students with entrepreneurial ambitions. The weeklong activities started with a call to brainstorm innovative business ideas. Highlights included several invaluable workshops and seminars to equip future business owners with necessary skills. Insights were shared on topics such as business concept development, finance …
406 Ventures Secure Fifth Fund, Eyes Future Startups
Boston-based venture company, 406 Ventures, marks another success story as it gathers substantial support for its fifth fund. Leadership of the firm, founded by Liam Donohue, Maria Cirino, and Larry Begley, remains rooted in the healthcare, data and AI, and cybersecurity sectors.
The firm’s vision has once again drawn the attention of both loyal and …
Jamal Jones: Catalyst for Community Growth in Harrisburg
Over the last two years, central Pennsylvania has promoted optimism and rejuvenation by acknowledging key black figures via Black History Month initiatives. With profiles from diverse fields, these initiatives focus on inspiring future generations, honoring their heritage and creating a culture of respect and inclusivity. These stories celebrate progress and resilience, despite adversity, effectively aiding …
Governor Shapiro Proposes $25M Boost for Pennsylvania Small Businesses
Pennsylvania Governor Josh Shapiro recently visited Cumberland County as part of his “Main Street Matters” trip, showcasing his budget proposal to commit $25 million towards enhancing small businesses across the state. He emphasized that this investment aims to stimulate local economies and generate substantial job opportunities.
Speaking to community leaders, Shapiro underscored the pivotal role …
St. Louis Man Accused of $50,000 Commercial Burglaries
66-year-old St. Louis resident David Hammond stands accused of a string of commercial burglaries on South Grand Boulevard on August 20 and 24, 2023. Caught on camera, Mr. Hammond was later arrested on August 26 and now faces various charges including burglary and theft.
The stolen items, predominantly electronic devices, are reported to carry a …
Philadelphia Index Decline Alarms Investors, Economy
February painted a grim picture as the Philadelphia Fed nonmanufacturing business index dove to -8.8 from -3.7 in January. This conspicuous dip signifies a waning nonmanufacturing sector, casting a shadow on the American economy’s outlook and raising caution amongst investors.
Details from the report revealed a stunning plunge in business operations, dropping from 6.8 to …
Amazon Enhances DSP Ad Technology for Programmatic Advertising
Amazon is intensifying efforts to advance its demand-side platform (DSP) ad technology. As part of its broader strategy, Amazon aims to strengthen its position in the programmatic advertising sector. The tech giant seeks to provide advertisers with infinite data insights and effective advertising options by leveraging its existing massive consumer base. Ultimately, it aims to …
Truist Sells Insurance Division to Strengthen Core Banking
Truist has strategically divested its insurance intermediary division, a deal valued at a substantial $15.5 billion. The intention is to fortify its core banking activities and ensure continued financial stability. This transaction marks a critical shift, aiding the company in its plans to further its retail, commercial and corporate banking branches.
The move also allows …