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☆ Ohio GOP Senate nominee Bernie Moreno benefited from the kind of diversity initiative that Republicans hate
▼ + stars: | 2024-03-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewBernie Moreno, the GOP nominee for US Senate in Ohio, has long staked his political identity on the car dealership empire he once oversaw. Related storiesBut Moreno benefited from Mercedes-Benz's push for diversity in more ways than one. "They wanted a minority operator there," Moreno said during the 2014 hearing, according to a transcript obtained by Business Insider. Despite Moreno acknowledging that he benefited from Mercedes-Benz considering diversity when deciding who could buy the dealership, he maintains that he is opposed to affirmative action programs. Moreno is set to face incumbent Democratic Sen. Sherrod Brown of Ohio in a race that could determine which party controls the Senate.

Persons: —, Bernie Moreno, Moreno, Roger Penske, Mercedes, Reagan McCarthy, Bernie, McCarthy, Democratic Sen, Sherrod Brown of, Brown, Donald Trump Organizations: Service, GOP, US, Business, Republicans, Penske Corporation, Benz, Penske, YWCA Greater, Mercedes, Penske Automotive Group, Democratic Locations: Ohio, Colombia, United States, Boston, North Olmsted , Ohio, Arizona —, YWCA Greater Cleveland, Florida, Chandler , Arizona, Sherrod Brown of Ohio, Massachusetts

Families are "squeezing to make ends meet," caught between rising prices and a lack of accessible child care, Kim Bracey, chief executive of the YWCA York, told Powell. Julie Keene, owner of Flinchbaugh’s Orchard, zeroed in on inflation, and pressed Powell on the uncertain environment businesses have having to navigate. In conversations with shopkeepers, Powell and Harker focused on aspects of the businesses and the owners' backgrounds - not inflation or the impact of interest rates. Speaking with Reuters ahead of their arrival at her shop she said high interest rates were pressing her hard. "I mean, lower the interest rates," she said.

Persons: Jerome Powell, Evelyn Hockstein, Powell, Kim Bracey, Julie Keene, Keene, Bracey, Gallup, Alan Greenspan, Patrick Harker, Michelle Wright, Mane, Wright, Harker, Drayden, Jennifer Heasley, Howard Schneider, Dan Burns Organizations: Federal, Federal Reserve, REUTERS, Monday, YWCA York, Philadelphia Fed, Luxe, York Central Market, Thomson Locations: Washington , U.S, Pennsylvania, York , Pennsylvania, Philadelphia, Flinchbaugh’s Orchard, zeroed, Keene, Powell

☆ Student loan payments could get easier for survivors of sexual assault if a bill introduced by Sen. John Fetterman and 10 other Democrats passes
▼ + stars: | 2023-09-25 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). Rep. Madeleine Dean, Sen. John Fetterman, Rep. Ayanna Pressley, and eight other Democrats introduced HR 5588 on Wednesday — days before student loan payments are set to resume on October 1. This bill will make it possible for students to focus on their mental health without the burden of student loan payments." As the October deadline for federal student loan payments looms, Democratic lawmakers are looking for ways to soften the blow for borrowers. Meanwhile, the Biden administration has been taking steps to correct student loans for various borrowers being charged too much.

Persons: Madeleine Dean, Sen, John Fetterman, Ayanna Pressley, Fetterman, Elizabeth Warren, servicer MOHELA, Biden, Joe Biden Organizations: Service, Network, YWCA, Democratic Locations: Wall, Silicon, Pennsylvania

☆ Maslow’s hierarchy of needs: Examples and explanation
▼ + stars: | 2023-08-15 | by ( Aj Willingham | ) edition.cnn.com time to read: +8 min

What is Maslow’s hierarchy of needs? “Human needs arrange themselves in hierarchies of pre-potency,” Maslow wrote in the 1943 paper “A Theory of Human Needs,” which first described the model. Level 2: Safety needsWith basic needs fulfilled, the next level of needs moves to safety. Examples of Maslow’s hierarchy of needsAside from its psychological application, countless disciplines have found Maslow’s model to be a useful teaching tool. Common challenges to Maslow’s model argue that it is too arbitrary, or that humans needs exist more as a cascading spectrum.

Persons: Abraham Maslow, Maslow, ” Maslow, “, —, aren’t, wasn’t, isn’t, Scott Barry Kaufman, mindbodygreen, “ Maslow, Charlie Huntingon, ” Organizations: CNN, YWCA, Berkeley

Compare River City Federal Credit Union accounts River City Federal Credit Union Savings AccountRiver City Federal Credit Union Simply Free Checking AccountRiver City Federal Credit Union Share CertificateRiver City Federal Credit Union Money Market Account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. About River City Federal Credit UnionRiver City Federal Credit Union is a Hispanic American-led credit union with five branches in San Antonio, Texas. River City Federal Credit Union FAQsWhere is River City Federal Credit Union located? How River City Federal Credit Union ComparesRiver City Federal Credit Union vs. Falcon International BankDeciding between these two institutions may depend on whether you want to become part of a bank or a credit union. River City Federal Credit Union vs. Lone Star National BankYour choice between these two financial institutions may hinge on whether you meet the eligibility requirements to join River City Federal Credit Union.

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☆ What comes next for ESG funds after the political backlash
▼ + stars: | 2023-05-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

Surging energy stocks in 2022 hurt the performance of many of the largest funds, and political backlash has gained traction with several states moving to block state funds from being invested in ESG products. According to AllianceBernstein, there were $12.1 billion of outflows from ESG funds in North America during the first quarter, although that was due to large outflows from a handful of funds. "This was primarily driven by redemptions from a few large passive ESG funds (e.g., iShares ESG Aware MSCI USA ETF ) due to underlying investors rebalancing their factor exposure. Clearly the political backlash against ESG also weighed on sentiment and demand for ESG products in North America," AllianceBernstein's Zhihan Ma said in an early May note to clients. There were $2.7 billion of inflows into ESG funds in Western Europe during the first quarter, according to Bernstein.

☆ BNY Mellon launches new ETF focused on women's opportunities
▼ + stars: | 2023-05-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Investing in women's empowerment and opportunities is something portfolio managers Julianne McHugh and Miki Behr have talked about doing for years. BNY Mellon Women's Opportunities ETF , the exchange-traded fund they manage, launched Wednesday, trading under the ticker BKWO. Investing for financial return while promoting gender diversity, known as gender lens or gender equity investing, isn't new. Assets in U.S. gender equity funds have doubled over the last three years, to $1.3 billion, as of the end of February, Morningstar found. Those funds represent less than 0.01% of total equity fund assets in the United States, according to the firm.

☆ Want to invest in companies that empower women? Here's what you need to know
▼ + stars: | 2023-03-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Known as gender lens or gender equity investing, the idea is to invest for financial return, while promoting gender diversity. Yet those funds represent less than 0.01% of total equity fund assets in the United States, according to the firm. Her women CEO and CFO clients were getting tremendous results, she said. In January, the asset management firm launched the Hypatia Women CEO exchange-traded fund (WCEO). Women in leadership matters, but we need a more robust scorecard to assess gender equity.

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