The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
Category Archives: business
Nike suspends endorsement of NFL star Deshaun Watson over sexual misconduct allegations
The National Football League quarterback has been accused of sexual misconduct in lawsuits filed by 22 women.
Ketchup shortage hits restaurants across the United States
After the pandemic forced many restaurants to ramp up their takeout game, the demand for those handy individual ketchup packets quickly skyrocketed.
Economic boom could 'easily run into 2023,' says Chase's Jamie Dimon
Dimon attributed the potential boom to consumer savings, a stimulus boost, Biden’s infrastructure plan, successful vaccines and “euphoria around the end of the pandemic.”
Biden's Covid relief offers Latinos billions. Will they claim it?
Some Latino financial experts worry Hispanic households may not avail themselves of the Covid relief available through the American Rescue Plan and the Paycheck Protection Program.
Bezos endorses Biden's infrastructure plan and backs corporate tax rate hike
Amazon, the country’s second-largest employer, faces backlash for its attempts to crush unionizing efforts at its warehouses and Whole Foods grocery stores.
McConnell warns corporate America to 'stay out of politics' — but says donations are OK
The Senate minority leader said corporations “have a right to participate in a political process” but should do so without alienating “an awful lot of people.”
How one mom of four is working to gain her financial independence
Madeline is a mother of four, including a newborn. In her second marriage, she’s determined to become more financially independent and get her debts and savings in order as she heads back to work after maternity leave. Sponsored by Principal Financial Group.
IMF increases global growth forecast, says way out of economic crisis is 'increasingly visible'
However, “without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly,” the economic group warned.
Amazon is snapping up disused shopping malls and turning them into fulfillment centers
“I see articles about Amazon building here and Amazon building there. I’m not sure any of us really fully understand the implications because it’s happening so so fast,” the resident of one such neighborhood said.