Black Entrepreneurs Build Community Prosperity and Fight Systemic Challenges
Only 2.2% of all American businesses are Black-owned, according to the 2017 Annual Businesses Survey conducted by the U.S. Census Bureau. Systemic barriers, like loan discrimination and lack of credit access, have disproportionately hurt Black entrepreneurs looking to raise capital.
Black Entrepreneurs Build Community Prosperity and Fight Systemic Challenges
Only 2.2% of all American businesses are Black-owned, according to the 2017 Annual Businesses Survey conducted by the U.S. Census Bureau. Systemic barriers, like loan discrimination and lack of credit access, have disproportionately hurt Black entrepreneurs looking to raise capital.
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VIDEO: Economic Woes Predicted for Latin America
While the global economy is expected to shrink by 4.4 percent this year, Latin American and Caribbean economies are likely to experience a GDP contraction nearly twice as high as that, according to the Western Hemisphere Economic Outlook report released last Thursday...
VIDEO: Economic Woes Predicted for Latin America
While the global economy is expected to shrink by 4.4 percent this year, Latin American and Caribbean economies are likely to experience a GDP contraction nearly twice as high as that, according to the Western Hemisphere Economic Outlook report released last Thursday...
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Federal Reserve leaders challenged to do more to help communities of color during COVID-19 recession
WASHINGTON- Leaders of several regional Federal Reserve banks were challenged Wednesday to do more to help low-income and minority communities survive the COVID-19 recession, especially considering the recent breakdown of congressional financial relief talks. “The...
Federal Reserve leaders challenged to do more to help communities of color during COVID-19 recession
WASHINGTON- Leaders of several regional Federal Reserve banks were challenged Wednesday to do more to help low-income and minority communities survive the COVID-19 recession, especially considering the recent breakdown of congressional financial relief talks. “The...
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A Day After Trump Ended Stimulus Negotiations, Experts Call for Fiscal Support to Counter COVID-19 Crisis
WASHINGTON – An increase in fiscal spending is necessary to respond to COVID-19, a panel of practitioners and experts from Japan, Germany, and the United States agreed at Wednesday’s online discussion hosted by the Center for Strategic and International Studies. The...
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Google, Facebook and Twitter CEOs Confronted With Senate Subpoenas
WASHINGTON – The Senate Committee on Commerce, Science, and Transportation unanimously voted on Thursday to compel the CEOs of Google, Facebook, and Twitter to appear before the committee amid concerns over the tech giants’ monopolistic powers and legal immunity. The...
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Head of U.S. government news networks disobeys congressional subpoena
The head of the U.S. Agency for Global Media on Thursday failed to appear before the House Committee on Foreign Affairs, ignoring a subpoena the committee issued last week ordering him to testify about recent shake-ups he has led at Voice of America.
read moreLawsuits increase while U.S.-listed Chinese companies face regulatory scrutiny
Chinese companies listed on U.S. stock exchanges face a substantial number of lawsuits in 2020. Attorneys and analysts expect this trend to continue.
Tougher noise-reduction rules for passenger planes might not be worth cost, study shows
More stringent requirements for airplane noise may not actually lead to quieter airplanes, a GAO report found. Almost all modern airplanes already surpass current regulations, and meet a quieter standard. The cost of re-certifying aircraft would be expensive for operators, without providing significant public benefit.
China is far behind farm purchases needed to fulfill terms of trade deal with U.S.
China only bought 24% of this year’s purchase commitment for US agriculture goods. Record-level soybean and corn purchases are on the way, but fulfilling the agriculture trade deal appears difficult.
The UK is on the brink of a youth unemployment crisis
Over one in three of 18- to 24-year-old employees in the UK have lost their jobs or been furloughed during the pandemic, compared with one in six adults above that age, according to the Resolution Foundation.
Minority- and female-owned businesses hurt more by COVID-19
In Albany and across the U.S., minority and women entrepreneurs face more challenges in overcoming the financial impacts of COVID-19.
U.S. contact-tracing efforts on Covid-19 falter on privacy worries, technology gap
Fears of ‘big gov’ and ‘big tech’ hamper contact-tracing apps.
Fed’s Evans calls to address racial inequities along with economic recovery
Chicago Federal Reserve Bank President Charles Evans called to address racial inequities as Chicago rebuilds its economy from the coronavirus crisis during a Chicago Fed virtual forum Tuesday.
Experts: Slowdown in business travel may hurt meetings, help planet
As state and local governments across the country begin to ease stay-at-home orders, many companies do not plan to return to business as usual anytime soon. Offices will remain vacant, and business travelers, who spend much of their time in airports and on planes, will remain grounded.
Chipotle, Cinemark, Dunkin’ among companies getting big boost from tax provision in CARES Act
The $2.2 trillion CARES Act that will allow businesses to get larger deductions for renovations to the inside of their property, tax experts say.
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Medill Today | Thursday, July 22, 2021
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