Finance
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- By Brian Edwards
- Finance
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Philanthropist MacKenzie Scott has awarded more than $103 million in unrestricted funding to Native community development financial institutions (CDFIs) across the country, marking one of the largest single investments in Native financial institutions.
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- By Brian Edwards
- Finance
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U.S. Treasurer Chief Marilynn "Lynn" Malerba, the first Native American to hold the position, is stepping down this week after overseeing significant expansions in tribal economic development and investment programs during her two-year tenure at the Department of Treasury.
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- By Chez Oxendine
- Finance
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What do you do when your microloan fund suddenly grows by 1,650%?
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- By Brian Edwards
- Finance
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A Cleveland-based private equity firm backed by Native American capital is making waves in professional sports ownership, starting with a recent $154 million investment in English Premier League club Ipswich Town FC.
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- By Chez Oxendine
- Finance
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Native-owned cannabis businesses continue to blossom nationwide, but regulatory confusion threatens to stifle that growth. Complex intersections between tribal and state jurisdictions block many Native operations from accessing basic banking services.
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- By Brian Edwards
- Finance
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The U.S. Department of Treasury has finished approving more than $500 million in State Small Business Credit Initiative (SSBCI) funding for federally recognized tribes, marking the final round of a program aimed at boosting Native American entrepreneurship and small businesses.
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- By Tribal Business News Staff
- Finance
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National nonprofit Oweesta Corporation has received a $10 million commitment from Goldman Sachs to support Native Community Development Financial Institutions (CDFIs) and promote economic growth in tribal communities.
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- By Chez Oxendine
- Finance
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Three decades of confusion around the tax status of tribally chartered businesses may soon come to an end with new federal rules announced on Monday.
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- By Megan O’Matz and Joel Jacobs, ProPublica
- Finance
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The sprawling business empire created by tribal leaders in northern Wisconsin was born of desperate times, as the Lac du Flambeau Band of Lake Superior Chippewa Indians faced financial ruin. Its subsequent success would be built on the desperate needs of others far from the reservation.
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- By Megan O’Matz and Joel Jacobs, ProPublica
- Finance
- Type: Default
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In bankruptcy filings and consumer complaints, thousands of people across the country make pleas for relief from high-interest loans with punishing annual rates that often exceed 600%.