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Heard on the Street: rising interest rates, a nonracist bank, and more

By March 21, 2022March 22nd, 2022Heard on the Street

Heard on the Street – here’s what we were reading last week:

Small businesses will feel the squeeze of interest rate rise—here’s what to expect: Small-business owners could feel the impact of those rate increases with more expensive loans, higher credit card costs and slower business growth as the Fed works to cool the economy.

A Wall Street Lifer’s Quixotic Quest to Build a Nonracist Bank: Alex Ehrlich started Percapita to reach the underbanked while making money. It hasn’t been easy.

The Challenges in Getting Funding for Women and Minority-Owned Businesses, And How to Solve Them: There are a number of ways to finance a business, but all include doing your homework.

DoorDash Announces Accelerator for Local Goods to Empower Aspiring Entrepreneurs: 50 local businesses from New York City, Chicago, and the greater Washington DC area will participate in the inaugural instructional program designed in partnership with Next Street