Category: Great Articles
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U.S. Census Bureau Releases Income and Poverty Estimates for States & Counties
The U.S. Census Bureau has recently released their findings on income and poverty estimates for the nation’s states, counties and school districts in the new Small Area Income and Poverty Estimates (SAIPE) report. Key findings for the year 2017 are that 11.3 percent of counties had a statistically significant increase in median household income compared…
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OCC Proclaims Dec. 5th as National Day of Mourning for President George H. W. Bush
The Office of the Comptroller of the Currency (OCC) released a proclamation to national banks allowing them, under federal law, to close their offices on December 5th, 2018, at their discretion, in any state where the governor has declared a legal holiday honoring the National Day of Mourning for President George H. W. Bush.
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NAWRB to Attend DC Finance’s Florida Family Office & Wealth Management Conference
DC Finance is hosting its annual Florida Family Office and Wealth Management Conference tomorrow, December 4th, in Miami Beach, Florida. Over 150 of the top high net worth individuals and family office executives will be in attendance, allowing attendees the opportunity to interact with the region’s select group of senior investment executives from affluent family…
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Michelle W. Bowman Appointed to the Federal Reserve System’s Board of Governors
This Monday, Michelle W. Bowman was sworn in and took oath as a member of the Board of Governors of the Federal Reserve System. Bowman was nominated by President Donald Trump in April for an unexpired term as a Board member, and was confirmed by the Senate on November 15th, 2018.
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Facebook Invests $1 Million in Computer Science Program for Women & Minorities
Facebook has recently invested $1 million in CodePath.org, an organization that teaches computer science to women and minorities in universities across the nation. This investment is projected to help the organization quadruple the number of students accepted each semester in the program. Facebook hopes that this will help the underrepresentation of minority groups in computer…
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NWBC Addresses Opportunities and Challenges for Millennial Women Entrepreneurs
The National Women’s Business Council (NWBC) has released a new report profiling millennial women entrepreneurs, and the opportunities and challenges they face. The profile includes informative qualitative and quantitative data and research focus groups for a comprehensive look at how the millennial generation, those born between 1982 and 2000, view entrepreneurship and how obstacles such…
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British Columbia Government Funds $231 Million for Indigenous Housing
The government of British Columbia recently announced that it will be funding $231 million to help build new homes for 26 indigenous communities across its province, including the Upper Nicola Band. The funds will be provided by the province’s Building BC: Indigenous Housing Fund, and will be used to build 1,143 affordable homes both on…
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NAWRB Wishes You a Happy Thanksgiving!
NAWRB wishes you and your family a wonderful Thanksgiving Day this Thursday, November 22nd. Arguably the most tastiest holiday, Thanksgiving is a national holiday that began as a celebration of the year’s harvest and was first celebrated by Pilgrims after their first harvest in the New World in 1621. Today, Thanksgiving is a day spent…
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FDIC Proposal Exempts Residential Real Estate Transactions of $400,000 or Less from Appraisal
On November 20th, the Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking that will raise the threshold for residential real estate transactions that require an appraisal to $400,000, from the current level of $250,000. This proposal is a response to concerns that the current threshold is not reflective of price appreciation and…
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California Wildfires: Eligibility for SBA Disaster Loans and Disaster Recovery Centers
While we still await updates, these California fires are being named the deadliest in the state’s history. At time of writing, the number of deaths from the Camp Fire in Northern California has risen to 77 while over 900 people remain missing. According to recent updates by Cal Fire, the Camp Fire has burned approximately…