News
Rise of Female Entrepreneurship: Surge in Women-Owned Businesses Signals Economic Shift
Laurie Moulton is a female entrepreneur who’s breaking down social barriers while also opening up new economic opportunities across the Coachella Valley.
“I get so excited about women in business,” she said. “I get excited about the expansion that they’re bringing to the marketplace and just all of the opportunities that women are bringing.”
Moulton owns and operates Lux Box Agency, Lolo Interiors, and House of Lolo — making her part of the recent surge of women running their own businesses.
A new study from Wells Fargo shows an increase of women-owned businesses starting up across the country and the statistics show they’re growing faster than their male counterparts.
“I actually think the faster growth of women-owned businesses is a testament of these long-term efforts in promoting inclusive entrepreneurship,” said Qingfang Wang, a professor of public policy with the University of California, Riverside.
She says there’s about 14 million women owned businesses across the country which represents about 40 percent of all businesses. Though Wang expects those numbers to continue climbing, she also predicts several challenges.
“It will continue to grow but we really have to pay attention here, which is despite their significant contribution, women owned businesses always face unique challenges: access to capital, gender bias, and balance in business and family responsibility.”
As Moulton looks to add to her business portfolio, she is also adding a new role of becoming a mentor while inspiring the next generation of female entrepreneurs.
“Laurie is my biggest role model,” said Briggsy, digital marketing manager of House of Lolo. “She is such an incredible entrepreneur and such an incredible leader and decision maker. I’m motivated and inspired by her every day.”
This story was written and reported by Kai Beech.
By: Pristine Villarreal
March 12, 2024
Latest Instagram Posts
Who makes the NBC Top 3, winner will be announced Sunday night on NBC Palm Springs, with the player who makes the number one spot winning a $250 prize from @hondaofthedesert! Comment below if it will be 1 Silias Bloodworth with the scoop and score, 2) Eusebio Gallo with the kickoff touchdown, 3) Keymorie Rogers with the throw on the run, 4) Damian Durinzi with the rushing TD, or 5) Mario Gallo with the dot towards the endzone #fypage #fridaynightlights #football #hondaofthedesert #highschoolfootball
Hundreds gathered outside the Kennedy Center in Washington, D.C., for the “Hands Around the Kennedy Center” rally, protesting President Donald Trump’s handling of the performing arts center. The demonstration came after the Kennedy Center board voted to close the facility for repairs and amid an ongoing dispute over the center’s future. Actress and singer Lynda Carter was among those who addressed the crowd. apnews.com Watch the latest video on NBC Palm Springs.
Alice B. has announced it’s closing its doors. It’s cozy atmosphere and unique seasonal menu made it a must try and even landed it in the Michelin guide. @susanfeniger and @marysuemilliken left their mark on the desert over at Living Out and it will be missed. Here’s a clip from one of our last interviews with Susan.
Cathedral City City Council votes to rename “LGBT+ Days” to “Cathedral City Pride”. The council approved the change in a 5-0 vote during its latest meeting, updating the official name of the city’s annual celebration. Stay tuned with NBC Palm Springs to see what this means to the Coachella Valley Community #CathedralCity #pride #CityCouncil #CoachellaValley #LocalNews
Discover the Coachella Valley with the Everything Palm Springs app. From iconic attractions and hidden gems to local restaurants, shops, entertainment and even filming locations, the map-based app is designed to help both visitors and locals find more of what the desert has to offer. Creator Lindsay Kinkle is also expanding the app with video tours and narrated guides, giving users another way to explore Palm Springs and the surrounding communities. Local businesses like Buena Matcha are also getting a chance to connect with new customers through the platform. As Lindsay says, there’s so much to do and enjoy here — you just have to know where to look. #PalmSprings #CoachellaValley #EverythingPalmSprings #PalmSpringsApp #VisitPalmSprings DesertLife LocalBusiness CoachellaValleyBusiness NBCPalmSprings
Social Time with Thalia & Jerry
What’s next for Palm Desert? Join community leaders, local businesses and regional stakeholders for the 2026 State of the City Address. Topics: • Economic Development • Infrastructure • Public Safety • Community Programs • Palm Desert’s Future CTA: Friday, September 18 | 11:30 AM JW Marriott Desert Springs Resort
Former Silvercrest CEO, William Rodriguez is expected back in court today in connection with the deadly 2024 Cathedral City hit and run that killed a woman. The murder charge was dismissed, but Rodriguez still faces felony hit and run and suspended license charges.
Social Time with Thalia & Jerry
Murder suspect Vicky Kim has once again not been cleared to appear in court. Kim is accused of killing her husband at their Palm Desert condominium complex. Her arraignment has now been delayed three times. Stay tuned with NBC Palm Springs as we track the latest developments in this case. #VickyKim #PalmDesert #CoachellaValley #BreakingNews #CourtUpdate NBCPalmSprings