Category Archives: Business

National Bank Act Of 1863

How Did The Civil War Change The American Currency? The Act entitled “An Act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,” approved June 3, 1864, shall be known as “The National Bank Act.” The National Bank Act of 1863 was designed to create a national banking system, float federal war loans, and establishContinue reading “National Bank Act Of 1863”

Opportunity Zones 101

Q: What are Opportunity Zones? A: Opportunity Zones are economically-distressed communities, designated by states and territories and certified by the U.S. Treasury Department, in which certain types of investments may be eligible for preferential tax treatment. The tax incentive is designed to spur economic development and job creation in distressed communities by providing these tax benefits to investors. Continue reading “Opportunity Zones 101”

‘What Realtors did was an outrage’: National association apologizes for role in housing racial discrimination

Nov. 19, 2020 at 2:10 pm Updated Nov. 20, 2020 at 4:47 pm By JOHN GITTELSOHNBloomberg The real estate industry contributed to racial inequality and segregation in housing, an “outrage” that merits a historic apology, the incoming president of the National Association of Realtors (NAR) said. “What Realtors did was an outrage to our morals and ourContinue reading “‘What Realtors did was an outrage’: National association apologizes for role in housing racial discrimination”

Alabama’s new marriage law: How to apply for a certificate Posted Aug 19, 2019 Facebook ShareTwitter Share1,267sharesBy Leada Gore | lgore@al.com Alabama’s new process for obtaining a marriage certificate is designed to make tying the knot easier but it will require couples to go through several steps. Starting Aug. 29, Alabama will no longer issue traditionalContinue reading

Up to 40 million people are at risk of being kicked out of their homes

As President Donald Trump calls for another federal eviction moratorium, a new report has shed light on just how many Americans are facing housing insecurity as a result of the coronavirus pandemic and the associated economic downturn. Between 30 and 40 million people in the U.S. could be at risk of eviction in the nextContinue reading “Up to 40 million people are at risk of being kicked out of their homes”