As President Joe Biden embarks for Asia on Thursday, he’s facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.
Eastern Bank’s philanthropic foundation will donate an additional $280,000 toward COVID-19 relief initiatives, bringing the foundation’s total COVID-related giving to more than $15 million.
Small businesses appreciated how their bank handled Paycheck Protection Program applications and forgiveness, according to a recent J.D. Power survey, but the pandemic continues to affect the finances of more than a quarter of small businesses.
Cape Cod 5 has partnered with a local community development financial institution to create a $2 million loan fund for child care and early education providers.
Residents came into and left the state in equal measure in the pandemic’s alleged urban flight.
The Mayor’s Office is reaching out to Boston tenants at risk of eviction as the statewide eviction moratorium creeps closer to its Oct. 17 expiration.
All organizations – whether or not a provider of critical financial services – should have in place business continuity plans that take pandemics into account.
