Navigating the choppy waters of interest rates as a business and as an investor
We can all agree these are challenging times. According to the Bureau of Labor Statistics, the current inflation rate in the U.S. is at 8.5%, well above the post-World War II average of 3.8%; and the unemployment rate is 3.7%, versus an average rate of 5.7% over the same period.
At the beginning of 2022, the prime rate of interest was 3.25%. As a result of multiple moves by the Federal Reserve increasing the federal funds rate, the prime rate today is 5.5%. Most industry experts expect the Fed…
AngeLink women-centric crowdfunding platform raises $4.5 million in seed funding
Crowdfunding platform AngeLink has raised $4.5 million in seed funding.
Headquartered in Naples, Florida, AngeLink was founded by Gerry Poirier, who previously spent 25 years as finance executive with Credit Suisse Bank and now serves as AngeLink's CEO.
Poirier set out to develop a safer, more trusted fundraising resource for women, based on statistics that showed that women organize 70% of all social crowdfunding campaigns and represent nearly 80% of all online donors.
The platform is geared…
502 Black Eats Week puts the focus on Black-owned restaurants and other food businesses
The event is a companion to 502 Black Business Week.
Full Goods Diner bringing familiar favorites to the Pearl
San Antonio foodies will have a new restaurant option in one of the city's more popular urban areas.
Northside restaurant Tickle Pickle opening second location inside of Listermann Brewing Co.
A Northside burger restaurant is expanding to a new part of town, opening inside of a Cincinnati craft brewery.
Chick-fil-A restaurants undergo updates throughout metro
Chick-fil-A stores throughout the metro area are temporarily shutting their doors for remodeling.
3 Austin taco spots earn acclaim from Yelp users
Three Austin taquerias earned a place in a list of the country's top 100 taco spots by Yelp Inc. — and, by their metrics, it seems the best local places to find tacos are food trailers.
Women entrepreneur-focused Portland lunch series seeks sponsors
Want to support female entrepreneurs in Portland? Amanda Mailey is seeking sponsors to do just that.
Breakfast/brunch spot Ashtar Gardens to open in Cooper Young
“Eating brunch, eating breakfast is about being in a social atmosphere where there's good music playing, you're having good mimosas, and you're enjoying yourself with your friends, family. I wanted to bring that type of atmosphere here to Cooper Young.”
Maryland Stem Cell Research Fund launches stem cell therapy manufacturing grant program
A program that supports young stem cell companies is launching a new funding opportunity to increase cell therapy manufacturing capacity in Maryland after seeing its state funding more than double.
The new manufacturing assistance program from the Maryland Stem Cell Research Fund will help companies build clean rooms and other essential manufacturing facilities to create stem cell drugs.
The program is a result of a massive increase in state money to the fund, which is a subsidiary of the Maryland…