A new proposal to repurpose a former Urban Partnership Bank branch in Chicago's South Side is drawing praise from its community. The new plan, created by developer Alisa Starks, would bring a four-screen movie theater on the main floor, a six-lane bowling alley in the basement and a kid-friendly restaurant and play area on the second floor. The project will be committed to local hiring and to contracting with minority- and women-owned businesses. The revised plan was roundly supported by residents at a recent community meeting, with many saying it was the type of plan they had hoped the developers would bring to the neighborhood. The plan replaces an initial proposal that envisioned bringing a McDonalds drive-thru to the location, drawing criticism from community activists.

Financial tech startups increasingly make social missions part of their raison d'être in addition to their digital goals to improve outdated financial services products. Some of these upstarts' battle cries are aimed at democratizing financial services at a time when banks are taking heat for charging their biggest fees to consumers who are living paycheck to paycheck. More affordabale pricing structures, easier-to-understand language and donations with each transaction are among the strategies the firms use to demonstrate mission. These disruptors with social missions baked into their DNAs have in their sights millennials, who often consider social good when choosing between competing options.

The Federal Reserve had expected to begin withdrawing its support for the nation’s economic recovery this year, but mounting evidence of a global slowdown could extend the era of easy money. Fed officials have signaled for months that they are getting closer to raising the central bank’s target interest rate and many investors had anticipated the milestone would come at the next Fed meeting in mid-September. But that timeline now appears less likely according to a growing list of prominent economists including Larry Summers and New York Fed President William Dudley. The ending of the Fed’s stimulus has the potential to roil financial markets already bruised by the slowdown in China.

Wall Street banks are scaling back their role in supporting debt sales that have helped online lending companies double their originations every year since 2010. Historically, investment banks have earned fees by helping lenders pool and store their loans until enough are aggregated for sale to investors. But now, a number of Wall Street firms are considering limits to their financing for companies that lend to higher-risk borrowers. The caution comes in response to a May ruling by the U.S. Appeals Court in Manhattan, which threatens to remove a protection that non-bank lenders have relied on to make high-interest loans. The core issue is whether alternative lenders can pay a bank in an unregulated state to make loans to borrowers in other jurisdictions, where the interest rates could be considered usurious.