November 19th is Women’s Entrepreneurship Day (WED), a global observance celebrating women entrepreneurs and generating solutions to support women’s advancement. This Sunday will mark the fourth anniversary of WED; the first installment was introduced in New York City at the United Nations in 2014 and was recognized by 144 countries.
a Human Touch
The Perfect Balance
The U.S. House of Representatives has passed the GOP tax reform plan that has been the subject of widespread discussion and analysis in recent weeks. The bill, called the Tax Cuts and Jobs Act passed with a 227-205 vote and carries with it major financial consequences for consumers, homeowners and businesses alike.
Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), today announced his resignation from the agency. Cordray, who has been the head of the CFPB since January 2012, will step down at the end of this month.
The number of affordable housing units could be reduced by nearly 1 million under the proposed GOP tax bill, according to Novogradac & Company, a San Francisco-based national accounting firm. For Americans who utilize and depend on subsidized housing, being subjected to rising rents that currently exhibit a 2.7 percent year-over-year increase is all but impossible.
According to the 7th Annual State of Women-Owned Businesses Report, women-owned businesses have increased by 114 percent in the last 20 years and are growing at 2.5 times the national average—women are currently starting an average of 849 new businesses per day. The report, commissioned by American Express OPEN, also found that businesses owned by women of color have grown 467 percent since 1997.
A recent study from the Boston Consulting Group reports that millennial men are more receptive than older men to women’s issues in the workplace. When compared to their older counterparts, millennial men are more likely to be in a dual-income household, contribute to child care, desire paid parental leave programs, and to “adapt their behaviors in support of their female coworkers.”
At absolutely no cost to apply, no payments for the first year, and an interest rate as low as 1.75 percent, Florida residents and businesses affected by Hurricane Irma are encouraged to apply for U.S. Small Business Administration (SBA) Disaster Assistance. For those impacted by natural disasters, the SBA offers low-interest loans to homeowners, businesses of all sizes, renters and even nonprofits. Don’t wait to hear from other disaster assistance, apply today before the deadlines—November 24, 2017 for Physical Damage, and June 11, 2018 for Economic Injury!
Veterans Day is here again, a day dedicated to honoring and paying respects to American active and retired servicemen and women. Originally celebrated as Armistice Day in 1919 for veterans of the First World War, the holiday was expanded to include veterans of all wars by a May 1954 bill; six days later the celebration’s name was changed to Veterans Day.
The House of Representatives has passed legislation making it easier for entrepreneurs to access capital from their friends and family. With the Micro Offering Safe Harbor Act, private businesses would be able to seek community-based financing of up to $500,000 a year for the purpose of hiring new workers and expanding their business.
This week marks the 100th anniversary of Women’s Suffrage in New York. While the 19th Amendment—which gave women the right to vote after 70 years of activism by revolutionaries like Sojourner Truth and Eleanor Roosevelt—was passed by Congress in 1919 and ratified by the states in 1920, New York State gave women the right to vote an entire three years earlier in 1917.