Tony Hopson Hopes Historic $400M Investment Will “Make the Difference” for Black Portland
Phil and Penny Knight’s investment in the newly established 1803 Fund is earmarked for the fund’s Rebuild Albina project.
Economy and Finance
A Rising Tide
In 2022 Lance J. Randall moved to Portland to lead the Black Business Association of Oregon — a newly formed organization with its sights on attracting, retaining and supporting Black-owned businesses throughout the state.
Black Venture Fund Receives Historic Investment from Oregon Community Foundation
Black Founders Matter’s managing director says the investment will help them spur the growth of entrepreneurs of color in Oregon, though OCF declined to give the specific amount.
Small But Mighty
Microlenders have stepped in to support small businesses traditional banks do not serve — helping marginalized entrepreneurs get their businesses off the ground.
Microloans Under the Microscope
Fast Facts about Microfinance
Bi-Annual Apartment Report Shows Slowing Portland Rental Market
State economist says the data is consistent with the city’s population slump, and might make the state’s most expensive city more affordable.
Bank On It
After decades of prioritizing mortgages and car loans, Oregon’s consumer banks are shifting focus. How can they compete in a high-interest world?
Portland Children’s Media Company Impacted by SVB Collapse Releases Kids Book on Banking
Conceived and designed in a week, A Kid’s Book About Banking helps parents explain financial systems to children
Regional Banks React to Silicon Valley Bank Collapse
Stocks in regional banks declined sharply following Silicon Valley Bank’s collapse, but Oregon’s financial institutions are confident they would weather the storm.
Despite Job Gains, Oregon Unemployment Rate Stays Flat in January
Oregon growth sectors continued their jobs gains streak, reflecting a relatively robust economy.