Economy

Workforce Drops by 10 K in Swmi Since 2010

Workforce Drops by 10K in Swmi Since 2010

A report from the government on state and regional employment data confirms what employers are feeling. In 2010, there were 143,000 people in the tri-county area. That number went down to 129,000 as of August 2016 because of a report from Kinexus Group. The long term, or what will happen in the future, is what […]

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New Benefit Rules on claiming Universal Credit and ESA at the same time

New Benefit Rules on claiming Universal Credit and ESA at the same time

The DWP has made changes to the rules for people who claim ESA at the same time as Universal Credit. Many people need more money. The Universal Credit boost is ending after 18 months. The Chancellor’s budget promised that people on Universal Credit and working would get an extra £1,000 a year. He said they

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What’s In—and Out—of Biden’s $1.75 Trillion Social Spending and Climate Bill

The President’s plan to spend money on social programs and climate change have been cut down to $1.75 trillion, which takes months of negotiations. This proposal from the Democrats is very important. It includes a lot of things that they want to put in it. They want to have a paid family leave program for

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Deadline for Income Change Reporting for Child Tax Credit Looming (1)

Deadline for Income Change Reporting for Child Tax Credit Looming

Starting on November 1, the IRS will have a program that lets people get updates on their tax credit payments. They can do it through the Child Tax Credit Update Portal on their website. The IRS announced today that they would launch a new Spanish-language version of the CTC UP. This will help families plan.

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Great Neck, N.Y. Receives $13.8M Wifia Loan

Great Neck, N.Y. Receives $13.8M Wifia Loan

The EPA is giving money. They are giving $13.8M to the area water treatment facility. The money will pay for half of two projects- upgrading drinking water infrastructure and regulating new contaminants.   Yesterday, the U.S. Environmental Protection Agency announced a $13.8 million loan to help improve water treatment plants in Great Neck North, New

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JV Lands $144M Loan for 2 Sun Belt Acquisitions

JV Lands $144M Loan for 2 Sun Belt Acquisitions

Nicholas SunTx RE Partners II has gotten a loan from the bank for $144.2 million to buy two communities in the Sun Belt states. Square Mile Capital arranged Nicholas SunTx RE Partners II and Prizma Capital, who bought homes in Georgia and Texas. Jon Hyduke from Walker & Dunlop helped arrange it. Alexan Avondale is

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Small Business Loans Still Helping Pandemic Recovery (1)

Small Business Loans Still Helping Pandemic Recovery

During the pandemic, the Small Business Administration (SBA) got a lot of attention for its COVID-19 relief programs. Its Paycheck Protection Program (PPP) gave many American businesses loans in 2020. A huge bank in Tennessee processed more than $405 million in PPP loans, which saved many businesses because of the bad effects on the U.S.

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President Biden Delivers Remarks on $1.75 Social Spending Plan Ahead of His Rome Visit

President Biden Delivers Remarks on $1.75 Social Spending Plan Ahead of His Rome Visit

On Thursday, Joe Biden said some things at the White House about a $1.75 trillion social spending package. This will help everyone, and it will also help with climate change because we want to be good people who care about the planet. The Build Back Better Act will create millions of good-paying jobs, enable more

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