Chi Mac News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Chris Wheat, Chi Mac, and Nicholas Tremper, JPMorgan Chase Small business ownership is commonly thought to not only be a vehicle for financial stability and wealth building, but also a way to close the racial wealth gap. Small businesses are known to be a key component of the small business owner’s financial wellbeing (Gentry and Hubbard 2004), but it is not at all clear from current evidence that small business ownership alone closes the wealth gap. In fact, recent studies have shown that Black- and Latinx-owned small businesses have lower revenues, profit, and cash margins (Farrell, Wh...

from the New York Fed The economic toll of COVID-19 on America's small businesses is acute and ongoing. Uncertainty related to public health protocols, consumer demand, technology adoption, supply chains, and government relief programs has upended the operating environment for small firms that frequently lived on the financial margins even before the pandemic.[ 1] This is especially true for small firms owned by people 45 and older, which saw significant closures in spring 2020 and whose numbers remain well below pre-pandemic levels. Among people of color, the drop was even more stark.[ 2] B...

12 spots to score your Super Bowl takeout in Seattle Sign In FacebookTwitterEmail 2of3 3of3 Super Bowl LV is almost upon us, and while it's a bummer that the Seattle Seahawks won't be playing this year, it doesn't mean you have to miss out on the best part of game day: the food! The Super Bowl Sunday experience isn't complete without a bucket of fried chicken wings, a hearty bowl of chili and a hefty mountain of nachos blanketed in cheese to accompany your favorite beer. Here's the best places around the city to grab your game day takeout. Burgers from 8oz Burger & CoArdie Y/Yelp