How layoffs will affect DEI pledges: McKinsey’s Shelley Stewart

Businesses need to remain diligent in their diversity, equity and inclusion, or DEI, efforts as layoffs continue, according to McKinsey senior partner Shelley Stewart. In an interview with CNBC, Stewa...

How the U.S. government can keep household debt in check

On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of hou...

Main Street businesses land record $154 billion in federal contracts

The federal government awarded $154.2 billion to small businesses in fiscal year 2021, an $8 billion increase from the previous fiscal year, according to data from the Small Business Administration re...

States spend billions on EVs to replace automotive capital Michigan

For as long as there has been an auto industry, Michigan has been its epicenter. But now, the industry is making clear that it is not bound by tradition. The move to electric vehicles — rapidly accele...

Here is how a new Cold War may impact the U.S. economy

Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into ano...

The Congressional spending bill battle had a message for Main Street

Elizabeth Frantz | Reuters A majority of small business owners on Main Street say they support more financial relief from the federal government, but the resolution of the battle in Congress last week...

What’s stopping Black-owned banks from thriving

Big banks and corporations like Yelp, Netflix, and Microsoft have announced major investments in Black-owned banks. Yet Black banks are far from thriving. Americans who identify solely as Black or Afr...

Struggling small businesses hope more Covid relief is on the way

andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...

Why Moderna, Pfizer and the NIH debate who owns the Covid vaccine

It’s been well over a year since a landmark proposal brought the issue of patent waiver for the mRNA Covid vaccine to the spotlight. But many observers don’t see that waiving the intellect...

Here’s how to make sure a Covid test you buy online isn’t fake

Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out o...