Ethnic Minorities

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For one thing, there are many more entrepreneurs with Latino and Asian heritage. For one thing, there are many more entrepreneurs with Latino and Asian heritage. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

WASHINGTON—President Biden is close to nominating Federal Reserve governor Philip Jefferson to serve as the central bank’s second-in-command and Adriana Kugler, an economist and top World Bank official, to fill a vacancy on the Fed’s board, according to people familiar with the matter. If confirmed, Ms. Kugler, a Colombian-American economist who now serves as the U.S. executive director at the World Bank, would be the first Latino to serve on the board. Mr. Jefferson would be the Fed’s second Black…

WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search. WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with…

Racial and ethnic minorities now hold 20% of all board seats at the nation’s largest public companies for the first time, according to a new study. Black people have experienced some of the biggest gains, according to ISS Corporate Solutions Inc., an analytics firm that provides corporate governance data to companies and a unit of Institutional Shareholder Services Inc. Black directors now hold 8.3% of all board seats, up from 4.4% four years ago.  Racial and ethnic minorities now hold…

Black workers, young workers and people on the bottom of the income scale were among those who saw the largest pay increases last year, when employers were readily handing out raises in a tight labor market and high inflation environment. Median weekly earnings for all workers were 7.4% higher, year over year, at the end of 2022, according to an analysis of newly released Labor Department data. That outpaced the consumer inflation rate of 7.1% in the fourth quarter, from a year earlier.   For some workers, the gains were…

AUGUSTA, Ga.—Johnny Gregory III, a Black father with several teenage children, says his priority in the midterm elections is to vote for a candidate who will increase funding for education and teachers. For him, that issue rises above other concerns, including decades-high inflation.“I do care about the economic issues. It’s just for me, the social issues mean way more to me right now,” said Mr. Gregory, 43 years old, who leads a local nonprofit and lives in Augusta. He plans to vote for Democratic Sen.…

SYDNEY—An indigenous clan on remote islands in northern Australia scored a legal victory against energy giant Santos Ltd. , in a case that could have a wide-ranging impact on how resource companies handle relations with traditional landowners. On Wednesday, an Australian judge threw out a regulator’s approval of Santos’s environmental plan to drill for natural gas in the Barossa gas field, about 85 miles off the coast of the Tiwi Islands near Darwin. The case…

New York regulators want people who were affected by marijuana criminalization to get the first licenses to sell recreational pot in the state, an effort to redress what they see as the harms of the drug war and to prevent large companies from dominating the market.New York isn’t the first state to try to give priority to people previously arrested for drug crimes, many of whom are racial minorities, when approving licenses for recreational marijuana sales. But advocates said those efforts have often been co-opted by…