Prosperity Now - News & Insights

News & Insights

Headlines, releases and insights from Prosperity Now experts

May 14, 2025

Statement from Marisa Calderon, President & CEO of Prosperity Now, on the Proposed “Money Account for Growth and Advancement,” or “MAGA Account”

March 17, 2025

Strengthening the Economy: How Prosperity Next is Keeping Capital Flowing and Business Growing

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May 14, 2025

Statement from Marisa Calderon, President & CEO of Prosperity Now, on the Proposed “Money Account for Growth and Advancement,” or “MAGA Account”

The MAGA Account proposal reflects a growing consensus: investing early in every child’s future is a smart and necessary step.

Blog

May 8, 2025

Celebrating the First Cohort of Graduates from Prosperity Now’s Growth Business Accelerator

Last month, Prosperity Now celebrated an important milestone: the graduation of the first cohort of the Growth Business Accelerator (GBA). This program brought together 70 participants from 30 Community Development Financial Institutions (CDFIs) across Atlanta, Philadelphia, Chicago, and Dallas to prepare small businesses, CDFIs, and support organizations for opportunities in emerging industries.

Press Release

May 5, 2025

April Jobs Report Show Labor Market Resilience, But Rising Layoffs and Falling Consumer Confidence Signal Caution

WASHINGTON, D.C. — The U.S. Bureau of Labor Statistics (BLS) reported Friday that employers across the U.S. added 177,000 jobs in April, with gains concentrated in health care, transportation and warehousing, financial activities, and social assistance. The unemployment rate held steady at 4.2%.

Press Release

May 5, 2025

Prosperity Now’s Statement on FY2026 Budget Proposal and Elimination of CDFI Fund Discretionary Awards

WASHINGTON, D.C. — The Fiscal Year 2026 federal budget proposal includes a provision to eliminate discretionary grants under the Community Development Financial Institutions (CDFI) Fund, a move that risks undermining a financial system that has worked for decades to connect capital to communities often not accounted for by mainstream finance.

Press Release

May 1, 2025

Statement from Marisa Calderon, President and CEO of Prosperity Now, on the Q1 2025 GDP Decline Announcement

“The latest GDP report confirms what too many families across the country are already feeling: an increasingly fragile economy where trade policy volatility results in downstream uncertainty.

Blog

April 30, 2025

Building Financial Confidence: Why Financial Education Matters More than Ever

At Prosperity Now, we believe financial education isn’t just about learning how to budget or save—it's about providing families with the knowledge, tools, and confidence needed to build lasting financial security.