How ‘Opportunity Zones’ Could Transform Communities
Twenty years ago, the rural hamlet of South Boston, Va., was a thriving blue-collar, middle-class community.
Read moreHeard the buzz about opportunity zone funds? Here’s the skinny
At the end of last year, $6.1 trillion in capital gains was sitting in mutual funds, stocks and corporations that investors had not cashed in, according to the Economic Innovation Group.
Read moreTreasury’s Opportunity Zones Guidance Answers Many Key Questions
The starting gates opened months ago for opportunity zones (OZs)–as the U.S. Treasury Department designated OZs and determined that qualified opportunity funds would self-certify.
Read moreA Google in Newark? VCs Hit Snag in New Tax Break for Poor Areas
Dan Borok got excited when last year’s Republican tax overhaul included a provision that stood to help his venture capital firm pursue its mission of funding businesses and creating jobs in Newark, New Jersey.
Read moreParts of America Are Still Struggling Economically. They Don’t Matter Much in the Midterms.
With just days to go before the midterm elections, President Trump is making an economic appeal to well-off suburban voters: Elect Republicans, the president warns in tweets and a new national ad, or kiss the good economic times goodbye.
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