Black Business Owners Had a Harder Time Getting Federal Aid, a Study Finds

Black business owners are more likely to be hindered in seeking coronavirus financial aid than their white peers, a new study has found. The study looked at how more than a dozen Washington-area banks handled requests for loans under the federal government’s Paycheck Protection Program. It was conducted by the National Community Reinvestment Coalition, a nonprofit in Washington, in partnership with researchers from universities in Utah and New Jersey. To read the full story.