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Cassaundra Brownell, a self-described “serial entrepreneur” from Maryland, was relieved when she found the Justis Connection, a company that links potential clients with Black attorneys. Her case illuminates a point Black lawyers and advocates have been making for some time: Black clients feel that they receive heightened support and more favorable results from Black lawyers than with non-Black legal aid. And unlike Black lawyer associations like the National Conference of Black Lawyers and The National Black Lawyers, which some have relied on to find Black legal representatives in their cities, the Justis Connection specifically works on making those client-attorney connections. “And the thing about a Black attorney is that he or she would be much more relatable to Black clients,” Davidson said. But it’s probably not going to be the same.”However, even with connections being made, a significant problem still exists: There are not enough Black attorneys to address the needs of Black clients.

☆ Robinhood to pay a 1% 'match' on customer contributions to retail individual retirement accounts
▼ + stars: | 2022-12-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

The retail brokerage will pay a 1% "match" on contributions its customers make to a Robinhood individual retirement account, the firm said Tuesday. The firm is billing it as the first-ever match paid to retail IRA customers (i.e., outside of a workplace retirement plan.) A 401(k) match is a common retirement benefit offered by employers that sponsor a workplace retirement plan. How the match worksA 401(k) match is generally structured as a share of employee contributions. There aren't any contribution or account minimums to get the Robinhood match, and trades don't carry commissions.

☆ Chinese stocks will struggle against persistent economic and market headwinds, and any recovery will be sluggish despite policy support from the government, UBS says
▼ + stars: | 2022-11-28 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

A positive inflection point for China's markets and the economy "is still some way off," despite Beijing's economic stimulus efforts, said UBS. And according to Bloomberg, six major state-owned commercial banks have pledged about $179 billion in financing support for property developers. We also view China's sluggish recovery as a risk for the global economy and markets," said UBS in recommending investors focus on defensive equity and fixed-income assets. As for China's property sector, UBS said government support there appears "sufficient to limit the damage" rather than stoke faster growth. "In our view, recent policy initiatives will give property developers more time to cope with maturing US dollar debt.

☆ Ivanka Trump was unhappy about how her friends 'turned their backs' on her during her father's administration, report says
▼ + stars: | 2022-11-18 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Ivanka Trump has distanced herself from her father's administration since he left office. Ivanka Trump is unhappy about having lost friends and just wants a "normal life," the Post reported. The report comes after Ivanka Trump was notably absent from her father's presidential campaign launch in Palm Beach, Florida, on Tuesday. Ivanka Trump and Kushner served as unpaid senior advisors to Trump during his administration. Ivanka has steadily distanced herself from her father's administration since he left office.

☆ Ivanka Trump is 'done' with DC and 'would never' go back to being her father's senior adviser, sources tell CNN
▼ + stars: | 2022-11-12 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

As Donald Trump teases another run for president, his family is divided over the idea, CNN reported. Ivanka Trump, former senior adviser to her father while he was president, is "done" with Washington, DC. "(Ivanka) would never go back to that life," a source told CNN, adding advising her father wouldn't "serve her." "(Ivanka) would never go back to that life," a source familiar with her thinking told CNN. A lawyer for Ivanka Trump did not immediately respond to Insider's request for comment.

☆ Voters approve higher minimum wage in Nebraska and Washington, DC. Votes still being tallied in Nevada
▼ + stars: | 2022-11-09 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Voters in both Nebraska and the District of Columbia on Tuesday approved higher minimum wages, while the results in a similar Nevada ballot measure are still pending. And Nebraska voters supported Initiative 433, which increases the state's minimum wage to $15 per hour, up from $9 per hour, by 2026. The minimum wage will adjust annually based on inflation after 2026. But if approved, the minimum wage would rise to $12 per hour by 2024, up from $9.50 or $10.50 per hour, depending on health insurance benefits.

[1/4] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. Traders are now betting on 61% odds of a 50-basis point rate hike at the U.S. central bank's meeting in December. Meta Platforms Inc (META.O) climbed 5.4% following a report that the company was planning to begin large-scale layoffs this week. Advancing issues outnumbered decliners by a 1.14-to-1 ratio on the NYSE and by a 1.02-to-1 ratio on the Nasdaq. The S&P index recorded 15 new 52-week highs and 11 new lows, while the Nasdaq recorded 58 new highs and 145 new lows.

☆ India and climate change: Can Modi deliver what the world needs?
▼ + stars: | 2022-11-07 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +10 min

By 2030, Modi wants half of India’s energy to come from renewables. The state is fast becoming a hotbed of solar energy, yet is also home to at least seven coal-fired power plants. “Even during Covid it hasn’t stopped.”At COP26, Modi outlined a series of targets for India’s efforts to combat climate change. It’s also a question of funding – investing in renewable energy and other climate change mitigation efforts is expensive. And your other burning questions answered 03:37 - Source: CNNIf India doesn’t receive the financial support it needs, maintaining its pace on developing renewable energy will be difficult.

John Fetterman, the Democratic Senate nominee, along with Democratic candidates in local House races on the University of Pittsburgh's campus. Former President Barack Obama speaks to supporters of Pennsylvania Senate candidate John Fetterman in Pittsburgh on Saturday. Democratic Pennsylvania Senate nominee John Fetterman speaks to supporters on the campus of the University of Pittsburgh on Saturday. Jeff Swensen / Getty ImagesOz, Obama said, would be a vote for Trump in case of another close election in 2024. Oz, Trump said, is "desperately" needed in the Senate where "he could very well be the tie-breaking vote."

☆ A Core Question at COP27: Who Will Pay for Climate Change?
▼ + stars: | 2022-11-06 | by ( Elena Shao | ) www.nytimes.com time to read: +10 min

When world leaders gather in Sharm el Sheikh, Egypt, this week for the annual United Nations climate summit, the debate over who bears financial responsibility for climate change will be center stage. Most Vulnerable, but Least Responsible for Climate Change A vulnerability index developed by the University of Notre Dame measures countries’ exposure, sensitivity and capacity to adapt to the negative effects of climate change. 10 gigatons CO2 Climate change vulnerability index COUNTRY’s Total historical emissions 1 Somalia is highly vulnerable to the impacts of climate change, but has contributed only a tiny fraction of global emissions. Pakistan experienced widespread and deadly flooding this summer that scientists linked to climate change. India 57.1 Gt CO2 0.5 Middle income countries China 249.4 Gt CO2 0.4 Russia 117.5 Gt CO2 Japan 66.7 Gt CO2 Higher income countries United States 421.7 Gt CO2 0.3 United Kingdom 74.9 Gt CO2 Germany 93.1 Gt CO2 Wealthy countries are responsible for half of the world’s emissions since 1850.

☆ Casey DeSantis, Florida's 'co-governor': Rivals, friends, and former colleagues say she's the secret behind husband Ron DeSantis' meteoric rise
▼ + stars: | 2022-11-04 | by ( Lyz Lenz | Kimberly Leonard | ) www.businessinsider.com time to read: +29 min

Florida's first lady, Casey DeSantis, is a close confidant to her powerful husband, several people told Insider. He added, "We would not see Ron DeSantis outside of press conferences if he did not have a wife and kids." Ron DeSantis began clawing his way into the national spotlight in 2017 as a member of the US House of Representatives. She smiled wryly and said: "Everyone knows my husband, Ron DeSantis, is endorsed by President Trump, but he's also an amazing dad. "Ron DeSantis would be a very good candidate for the St. Johns county commission if he did not have Casey DeSantis in his life," Schorsch said.

☆ Yellen to tout Biden technology investments at Virginia business incubator
▼ + stars: | 2022-10-20 | by ( David Lawder | ) www.reuters.com time to read: +3 min

WASHINGTON, Oct 19 (Reuters) - U.S. Treasury Secretary Janet Yellen is set to resume her campaign-style promotion of President Joe Biden's economic initiatives on Friday, visiting a Virginia business incubator to tout U.S. investments in research, semi-conductors, clean energy and other technologies. The Treasury said Yellen will deliver remarks and meet with entrepreneurs at the Virginia Innovation Partnership Corp (VIPC) in Herndon, Virginia, a booming Washington suburb near Dulles International Airport. Register now for FREE unlimited access to Reuters.com RegisterLast month, Yellen made similar speeches to tout infrastructure and electric vehicle investments in Detroit and visited a solar power developer in North Carolina. The Washington Metro transit system is set to soon open a nearby stop on its Dulles line called Innovation Center. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Lawder; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

The blue-chip FTSE 100 (.FTSE) closed 0.24% up and the domestically focussed FTSE 250 (.FTMC) ended 0.15% higher. "At the end of the day, the UK government blinked, while the BoE has seen its credibility restored," said Darby. He added that there is room for a sizeable change in sentiment towards domestically exposed FTSE 250 which had been battered recently. Shell (SHEL.L) is among a number of companies joining a second bidding round to acquire Danish biogas producer Nature Energy, for around $2 billion sources familiar with the matter said, as energy firms race to boost low-carbon businesses. Bellway Plc (BWY.L) slipped 2.2% as the homebuilder warned of moderating demand, pressured by rising mortgage rates.

☆ Facts changed and part of tech sank. We're changing our view and trimming exposure
▼ + stars: | 2022-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 700 shares of QCOM, decreasing its weighting to 3.03% from 3.66%. Accordingly, we are downgrading our ratings on all four semiconductor stocks to 2. Also, it will be hard for the multiples on semiconductor stocks to re-rate higher from here, unless we get some pivot from the Fed, which we do not expect any time soon. (Jim Cramer's Charitable Trust is long QCOM, AMD, NVDA and MRVL. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ China’s Communist Party Congress: What It Means for Business
▼ + stars: | 2022-10-08 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

The main task of China’s ruling elite at the party congress, a gathering that happens once every five years and typically lasts a week, will be to confirm the lineup of China’s leaders. Mr. Xi’s speech will be full of Communist Party ideological jargon and probably very long — his speech at the start of the last party congress, in 2017, lasted more than three hours. Domestic Ideology: ‘Common Prosperity’One of Mr. Xi’s favorite economic policy initiatives in recent months has a simple, innocuous-sounding name: “common prosperity.” The big question lies in what it means. Common prosperity, a longtime goal of the Communist Party, has been defined by Mr. Xi as reining in private capital and narrowing China’s huge disparities in wealth. And Mr. Xi has strongly discouraged speculation in housing, pushing instead for government subsidies for the construction of more rental apartments.

Persons: Xi, tycoons Organizations: Communist Party, Beijing Locations: Shanghai, China

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