Monday, November 23, 2020

Are Black women being “centered” in this economy yet? - Marketplace

Are Black women being "centered" in this economy yet? - Marketplace

Kai Ryssdal: I want to pick up with something that you raised the last time we had you on, and it was the idea of centering Black women in this economy as a way to help everybody, in essence, was the way you explained it. I wonder if now, three or four months later and an election and all that we’ve gone through, are you seeing signs that Black women are being centered in this economy any more than they had been?

Ryssdal: You know, it’s interesting you pulled out the Black women unemployment rate because one of the things you and I talked about the first time you were on the program was using disaggregated data instead of just the headline numbers, as so often happens.

Publisher: Marketplace
Date: 2020-11-23T21:36:30-08:00
Twitter: @Marketplace
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Who would benefit from canceling $10,000 in student debt? - Marketplace

"Canceling a relatively small amount of debt could go a long way for helping struggling borrowers and people of color in particular," he said. 

Natalie Bachas, an assistant professor of economics at Princeton University , said there's not necessarily a correlation between the amount of outstanding debt and a person's ability to pay. 

"Sometimes you can actually find that people who have lower balances can have a lot of difficulty during repayment," she said. 

Publisher: Marketplace
Date: 2020-11-23T21:51:51-08:00
Twitter: @Marketplace
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Hanover Cardinal Cushing Centers to unveil $10 million MarketPlace

HANOVER — The Cardinal Cushing Centers of Hanover will open its $10 million MarketPlace, a new home for three longstanding student-run businesses, on Dec. 1.

From 10 a.m. to 2 p.m., customers will be able to visit The Cushing Café, which will serve items such as coffee, pastries and to-go dinners; the Unique Boutique, a shop with products made by artists with disabilities; and Take 2, a thrift store which accepts donations.

Publisher: The Patriot Ledger
Author: Jenna Manto
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UPDATE: Facebook Marketplace phone sale leads to gunfire | Crime and Courts | wcfcourier.com

Cedar Falls police said the transaction began to spiral out of control when the buyer made a grab for the merchandise, spurring the seller to pull out a 9mm Beretta pistol and shoot seven rounds at their vehicle in a public park.

* * *

Perez was attempting to sell an iPhone through Facebook for $500, and he agreed to meet the buyers in the parking lot of CVS Pharmacy on West First Street shortly before 5 p.m. Sunday, police said. When they met, the buyer took the phone and drove off, and Perez got in his own vehicle with his wife and 18-month-old son and chased them to the parking lot of Birdsall Memorial Park, 2700 W. 12th St., according to police.

Publisher: Waterloo Cedar Falls Courier
Author: Jeff Reinitz
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Not to change the topic here:

Is a deeper dollar slump ahead as vaccine nears? - Marketplace

The U.S. dollar is at a 2½-year low . In other words, it's slipping in the global popularity contest among investors. This slump is pandemic-related.

Investors use the U.S. dollar as a safety blanket when there's a crisis and they're scared. They pile their money in from around the world, and the value of the dollar goes up. This happened early in the pandemic. But with three solid vaccines on the horizon, investors aren't so scared anymore.

“These safe havens are less attractive, and people are willing to take on more risk,” said Scott Wren, senior global market strategist with the Wells Fargo Investment Institute. Investors are sniffing around other countries and other currencies. That's the charitable explanation. The other thing going on here is that the U.S. dollar is less attractive because the U.S. itself is less attractive.

Publisher: Marketplace
Date: 2020-11-23T21:32:35-08:00
Twitter: @Marketplace
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For 3rd Year in a Row, More Insurers are Entering the ACA Marketplaces, Creating More Options for

The analysis finds 30 insurers joining the marketplace across 20 states, and another 61 insurers are expanding their services within states that they already served. More than a third of counties (1,207, or 38%) will have more insurers serving the marketplaces, while only a few counties (12, or 0.4%) will see a net decrease.

The boom among participating insurers in recent years has sharply increased consumers' options and dramatically reduced one-insurer markets.

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Publisher: KFF
Date: 2020-11-23T14:09:39 00:00
Twitter: @kff
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