Cleveland Federal Reserve Bank

When the housing bubble burst, it left a trail of dilapidated homes in Ohio’s cities and rural communities. A decade later, that gave birth to a new problem for those communities: lease-to-own deals that promised a piece of the American dream but often turned out to be nightmares.

The Federal Reserve Bank of Cleveland is introducing a new program intended to line up funding for community development projects.It has launched an…

A new report from the Federal Reserve Bank of Cleveland shows that for the past half century, the wealth gap between white and black households has…

New business startup rates in Ohio and across the U.S. remain low despite a growing economy. The latest study from the Federal Reserve Bank of Cleveland…

A new report finds that minority-owned businesses have a more difficult time getting credit from lenders than companies with white owners.The report from…

The industrial heartland continues to struggle with the legacy of lost jobs and population. But whether it continues to be known as a rustbelt or for its…