The current market scenario is a little tricky. I think there are too many dynamics that play, whether it is US-specific Presidential elections or the COVID surge in the West, the rise in VIX, and the impact of all of this on the economy and the manner in which the markets have come off repeatedly from that levels of 12,000 that just tells you that there is definitely a little bit of weakness in the system. … [Read more...] about Weekly dossier: Andrew Holland, Kevin Smith, Mark Matthews and others on markets, economy
Mercedes benz ceo about the future
“We are interrogating our policies and procedures,” says Frank Altman, CEO of one of the CDFI partners, Community Reinvestment Fund. “And I think every financial institution in the country needs to be doing that, to see where is the hidden bias in our lending that is unintentionally excluding, or perhaps intentionally excluding, otherwise qualified individuals and businesses from receiving capital.” Mastercard will help the CDFIs to digitize their application processing so that the capital, primarily in the form of microloans, can be disbursed more quickly and in a scaled manner. The company will also make deposits to CDFIs, credit unions, and Black-owned depository institutions to strengthen their reserves. … [Read more...] about Mastercard will spend $500 million to expand financial access in Black communities
Poll watching has historically been done with peaceful and constructive motives. This year, there have been some legitimate recruitment drives for poll monitors. Democracy Demands Action, an offshoot of gun reform group Moms Demand Action, has so far recruited 24,000 nonpartisan monitors across 30 states (and expects a total of 35,000 to 40,000), where they’ll be working with state officials to ensure poll watchers comply with laws, according to its partner, Election Protection, a coalition of voting rights activists with many years’ experience of poll observation, and run by The Lawyers’ Committee for Civil Rights Under Law. Those monitors, wearing PPE, will aim to assist voters who complain about registration problems or voter intimidation, and to check for “long lines, police presence, electioneering concerns, and ballot drop box accessibility.” If necessary, a poll monitor will encourage the voter to report any issue via the the … [Read more...] about Poll watching is legal, voter intimidation is not. Which does Trump actually want?