Low Income news and trends

Seattle Startup Delivers Discounted Local Produce To Low-Income Families
Delivery // September 15, 2019

The Seattle startup Pacific Coast Harvest, which connects local farms and home delivery, is now offering a discount program to assist low-income families, GeekWire reported Sunday (Sept. 15). The company, which launched in 2011 and has four employees, works with 250 Northwest farms to deliver...

Does Ridesharing Help Minority And Low-Income Consumers?
Ridesharing // July 02, 2018

It’s a common story in urban areas: Cabs do not properly serve low-income and minority areas, leaving residents to the uncertainties of public transit — assuming there is some — or to their own devices. But can Lyft, Uber and other ridesharing services remedy that? A new...

Kimbal Musk Invests In Everytable’s Lower-Income Focus
Investments // July 02, 2018

A restaurant chain focused on affordable, healthy food has earned a $5.3 million investment from some big-name investors, including Kimbal Musk, brother of Tesla CEO Elon Musk. Founded in 2015, Everytable CEO Sam Polk has established a Los Angeles beachhead with five restaurants in the...

BoA Puts The Kibosh On Free Checking Accounts For Low-Balance Customers
Banking // January 23, 2018

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or face a monthly fee. According to a report in The Wall Street Journal, all of...

Quick Reads
Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’

August 02, 2020
Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize further funding to help the still-ailing economy, The Wall Street Journal (WSJ) reported. One of the new provisions is a $100 billion program under the Small Business Administration (SBA) 7a […]

Seattle Startup Delivers Discounted Local Produce To Low-Income Families

September 15, 2019
The Seattle startup Pacific Coast Harvest, which connects local farms and home delivery, is now offering a discount program to assist low-income families, GeekWire reported Sunday (Sept. 15). The company,...

Kimbal Musk Invests In Everytable’s Lower-Income Focus

July 02, 2018
A restaurant chain focused on affordable, healthy food has earned a $5.3 million investment from some big-name investors, including Kimbal Musk, brother of Tesla CEO Elon Musk. Founded in 2015,...

BoA Puts The Kibosh On Free Checking Accounts For Low-Balance Customers

January 23, 2018
The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or...