Klaus Vedfelt | Getty Images Many companies have made big promises in recent weeks when it comes to improving racial diversity. Yet investors may be wondering whether the stocks they own include companies that have made racial inclusion a priority. One index is aiming to provide a measure for that. The Morningstar Minority Empowerment Index
Founders: Rob Frohwein (CEO), Kathryn Petralia, Marc GorlinLaunched: 2009Headquarters: AtlantaFunding: $489 millionValuation: $1.1 billion (PitchBook)Key technologies: Artificial intelligence, machine learningIndustry: Credit, financial services, lendingPrevious appearances on Disruptor 50 List: 2 (No. 14 in 2019) George Kavallines Among the biggest headaches any small business faces is cash flow. Kabbage, headquartered in Atlanta, is a data and technology company providing small businesses with
TOPLINE Stocks are jumping sharply on Tuesday thanks to a record surge in retail sales last month, additional support from the Federal Reserve and hopes for more government stimulus. Retail sales jumped by a record 17.7% in May. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average was up 2.4%, over 600 points, by
Economic Security Planning, Inc. Today’s column addresses questions about how SSA determines spousal benefit amounts, COLAs and survivor benefits, when COLAs and delayed retirement credits are applied, the WEP and multiple pensions and the effect of the family maximum on child benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Two-thirds of sellers would accept a lower offer, LendingTree finds. Those most likely to do so are … [+] millennial sellers (78%), followed by Gen Xers (67%) and baby boomers (55%). Getty Despite the recent surge of bidding wars in quickly rebounding housing markets, in late April, nearly 70% of home sellers said they would
Pedestrians walk past murals painted on boards covering bar windows on 6th Street on May 20, 2020 in Austin, Texas. Tom Pennington | Getty Images The number of people sickened with Covid-19 across Texas‘ hospitals continues to rise with coronavirus hospitalizations now up more than 66% since Memorial Day as the state continues to reopen.
Marilyn Booker attends the BET Awards Welcome Party at Liaison Lounge on June 21, 2019 in Los Angeles, California. Joshua Blanchard | Getty Images Marilyn Booker, a 26-year veteran of Morgan Stanley who spent most of that time as the firm’s global diversity chief, is suing the bank for racial discrimination and retaliation. Booker, who served
As the coronavirus pandemic took hold in across the country and the world, millions of Americans’ lives were disrupted as they faced illness, unemployment levels not seen the Great Depression and whiplash-inducing market volatility. But some billionaires who saw their fortunes dive as the market tanked in March have recovered and even surpassed their previous levels
An Astra rocket standing on the launchpad in Kodiak, Alaska. Astra / John Kraus Rocket builder Astra will try again for its first orbital rocket launch in July, as the San Francisco-area startup navigates the coronavirus pandemic environment while trying to begin flying satellites to space regularly. The company suffered a setback in March when
rudi_suardi For the most part, Americans spent very little during the pandemic — up until now. On Tuesday, May retail sales shattered expectations, jumping 17.7% in the biggest monthly surge ever. President Donald Trump was quick to post on the news. Nearly half of all consumers had said they were saving more during the coronavirus crisis by