For Many Californians, the Pandemic Marks the End of ‘Barely Making It’
The pandemic is accelerating the demise of the middle class, leaving many unable to sustain financial independence. In Silicon Valley and elsewhere, middle-class workers have found themselves unable to make rent.
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Your Community Banking Partner
Golden Pacific Bank
Headquartered in Sacramento, Golden Pacific Bank is unique as the region’s only community-owned bank that manages under $1 billion — a fact that CEO Virginia Varela takes great pride in. “We understand what it takes to support the needs of our small local businesses, because we too are a small local business,” she says. “Small businesses make up the backbone of our region, and we take our mission to support, foster and uplift this community with great pride and integrity.”
California Manufacturers Are Innovating for the Pandemic
In our series, The Big Fix, industry experts explore how the region can rebound from the coronavirus shutdown
The pandemic has revealed how manufacturers can pivot and innovate quickly to make needed products, keeping the critical supply chain going.
Providing Funding to Businesses Will Be Crucial in Recovery
In our series, The Big Fix, industry experts explore how the region can rebound from the coronavirus shutdown
When there is change in consumer behavior, there are also opportunities for entrepreneurs with vision, access to capital and the skill to implement successfully.
Infrastructure and Workforce Will Help Attract Companies
In our series, The Big Fix, industry experts explore how the region can rebound from the coronavirus shutdown
Developers are working to strengthen the Capital Region’s competitive advantages and redefine its value proposition for businesses looking to move or expand.
Planning During Coronavirus
For young business owners, the time is right to put together a savings and investment plan
Here’s what financial planning experts in the Capital Region say young adults can think about to stay alive financially through 2020 and beyond.
Navigating the New Flexibility
Brett Sargent, founder and CEO of True North Consulting, offers advice on Paycheck Protection Program loans
On June 5, President Donald Trump signed an extension as part of the Paycheck Protection Program Flexibility Act, allowing business owners 24 weeks, instead of eight, to use loans. Brett Sargent explains the options.
Status Check: Cloudy Days for Pensions?
COVID-19 might lead to even fewer defined-benefit pensions in the private sector
It’s still early to fully gauge what effects the coronavirus economic shutdown will have on the pension landscape, but the preliminary outlook for certain parts of the industry, particularly with defined-benefit plans, isn’t encouraging.
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SAFE & Impact Foundry
In the midst of the COVID-19 pandemic, nonprofit organizations are hit hard by economic uncertainty. In their quest to help our most vulnerable populations, nonprofits themselves need our help. With so many individuals and businesses affected, it’s critical to prioritize nonprofit support.
Recovery Center
Despite the faltering economy due to the coronavirus, GSEC’s Barry Broome is bullish on the region
UCLA researchers predict that California’s economy will get hit harder by the coronavirus than most U.S. states. However, the Greater Sacramento Economic Council is already leading the local recovery effort.