Nonprofits face falling revenue and increased demand

Nonprofits face falling revenue and increased demand

Communities First was founded 10 years ago to help boost economic development in Flint, Mich., and began this year thinking about ways to celebrate its first decade. The coronavirus had other plans. “I think the community was building progress” following the water crisis, says president and CEO Glenn Wilson. But the economic shutdown hit his […]
JPMorgan can handle GDP falling at a 35% rate: Dimon

JPMorgan can handle GDP falling at a 35% rate: Dimon

Jamie Dimon says that JPMorgan Chase  (JPM), the largest U.S. bank by assets, is serious about stress testing itself under some enormous numbers as the COVID-19 crisis continues to damage the economy.  “[We] have run an extremely adverse scenario that assumes an even...