fbpx

On Our Radar

A curated collection of links to news, analysis, trends, ideas and views from elsewhere.

AP News: MacKenzie Scott Sets New ‘Open Call’ To Donate $250 Million

AP News, March 21, 2023, MacKenzie Scott Sets New ‘Open Call’ To Donate $250 Million Through her organization Yield Giving, Scott plans to make unrestricted $1 million donations to 250 nonprofits selected in the process, which she calls a “new pathway to support for organizations making positive change in their communities.” To apply, the nonprofits …

AP News: MacKenzie Scott Sets New ‘Open Call’ To Donate $250 Million Read More »

The Seattle Times: Bank Turmoil Triggers Uncertainty In Seattle Housing Market

The Seattle Times, March 20, 2023, Bank Turmoil Triggers Uncertainty In Seattle Housing Market As the full impact continues to unfold, economists and lenders have been monitoring the market to see how the bank collapses could shift interest rates, home prices and buyer demand. Likewise, home shoppers are trying to unravel the potential implication for …

The Seattle Times: Bank Turmoil Triggers Uncertainty In Seattle Housing Market Read More »

Reuters: Exclusive: First Republic Considers Downsizing If Capital Raise Fails -Sources

Reuters, March 21, 2023, Exclusive: First Republic Considers Downsizing If Capital Raise Fails -Sources First Republic is examining how it can sell parts of its business, including some of its loan book, in a bid to raise cash and cut costs, one of the sources said. A sale of loans to other parties, including private …

Reuters: Exclusive: First Republic Considers Downsizing If Capital Raise Fails -Sources Read More »

Ideastream Public Media: High Eviction Areas In Cleveland Echo The City’s History Of Redlining

Ideastream Public Media, March 20, 2023, High Eviction Areas In Cleveland Echo The City’s History Of Redlining A recent report on the use of the city’s relatively new right-to-counsel law is just the latest. It shows where evictions took place in Cleveland in 2022 and where residents took advantage of the free legal advice now …

Ideastream Public Media: High Eviction Areas In Cleveland Echo The City’s History Of Redlining Read More »

WVU Today: Gun Violence Spills Into New Neighborhoods As Gentrification Displaces Drug Crime, According To WVU Study

WVU Today, February 27, 2023, Gun Violence Spills Into New Neighborhoods As Gentrification Displaces Drug Crime, According To WVU Study “Gentrification increases levels of gun violence in neighbor blocks, even more so when the gentrified block itself has a history of drug crime. There’s an average increase of nearly nine shootings in the surrounding neighborhood, …

WVU Today: Gun Violence Spills Into New Neighborhoods As Gentrification Displaces Drug Crime, According To WVU Study Read More »

NPR: 5 Ways The Banking Turmoil Could Affect You

NPR, March 21, 2023, 5 Ways The Banking Turmoil Could Affect You Will banks get more cautious about lending? This would mean less access to money for real estate development, business expansions, purchases of homes and cars. Experts at Goldman Sachs said that smaller banks in particular may tighten up, resulting in slower economic growth for the …

NPR: 5 Ways The Banking Turmoil Could Affect You Read More »

NBC News: Racial Equity News Coverage Of Latinos Is Lacking, A New Study Finds

NBC News, March 15, 2023, Racial Equity News Coverage Of Latinos Is Lacking, A New Study Finds The study analyzed peak news cycles related to racism and racial equity issues, including wealth, housing, and health in the U.S., following the onset of protests and protest anniversaries between May 1 and Sept. 30 in 2020, 2021, …

NBC News: Racial Equity News Coverage Of Latinos Is Lacking, A New Study Finds Read More »

Ap News: Justice Dept, SEC Probing Collapse Of Silicon Valley Bank

Ap News, March 15, 2023, Justice Dept, SEC Probing Collapse Of Silicon Valley Bank The collapse of Silicon Valley Bank on Friday — the largest bank failure since the financial crisis of 2008 — and Signature Bank two days later have rattled markets as investors seek the safety of bonds amid renewed concerns about problems …

Ap News: Justice Dept, SEC Probing Collapse Of Silicon Valley Bank Read More »

Axios: Evictions Have Returned To — Or Exceeded — Pre-Pandemic Levels

Axios, March 16, 2023, Evictions Have Returned To — Or Exceeded — Pre-Pandemic Levels That’s according to data from the Eviction Lab — a Princeton University project aiming to fill an “information hole in the center of the evictions crisis” by collecting data from court filings and other sources, research specialist Jacob Haas told Axios.

The Washington Post: After SVB Collapse, Bank Stocks Slide Despite Government Intervention

The Washington Post, March 13, 2023, After SVB Collapse, Bank Stocks Slide Despite Government Intervention Wall Street pummeled the banking sector on Monday as fear and uncertainty following the abrupt closure of two tech-focused banks rippled through the financial system. Stock exchanges halted trading in several large regional banks after their rapid descent exceeded regulatory …

The Washington Post: After SVB Collapse, Bank Stocks Slide Despite Government Intervention Read More »

American Banker: Regulators Shut Signature Bank, Pick Industry Veteran To Run Bridge Bank

American Banker, March 12, 2023, Regulators Shut Signature Bank, Pick Industry Veteran To Run Bridge Bank Regulators shut down Signature Bank in New York on Sunday amid fears of an industry liquidity crisis and tapped a veteran regional bank executive to run the bridge bank that will take its place. The shutdown of Signature by …

American Banker: Regulators Shut Signature Bank, Pick Industry Veteran To Run Bridge Bank Read More »

Politico: Barney Frank Blames Crypto Panic For His Bank’s Collapse. Elizabeth Warren Blames Trump.

Politico, March 13, 2023, Barney Frank Blames Crypto Panic For His Bank’s Collapse. Elizabeth Warren Blames Trump. Former Rep. Barney Frank and Sen. Elizabeth Warren — two key architects of the post-2008 system of Wall Street regulation — are at odds over what’s dragging down banks once again. Frank, who chaired the House Financial Services Committee in …

Politico: Barney Frank Blames Crypto Panic For His Bank’s Collapse. Elizabeth Warren Blames Trump. Read More »

American Banker: Small Businesses Return To Traditional Credit Sources — With A New Twist

American Banker, March 8, 2023, Small Businesses Return To Traditional Credit Sources — With A New Twist About 40% of small businesses applied for loans, lines of credit or cash advances last year, up from 25% in 2021, according to a survey by the 12 regional Federal Reserve banks. At the same time, only 34% …

American Banker: Small Businesses Return To Traditional Credit Sources — With A New Twist Read More »

The New York Times Magazine: Why Poverty Persists In America

The New York Times Magazine, March 9, 2023, Why Poverty Persists In America On the problem of poverty, though, there has been no real improvement — just a long stasis. As estimated by the federal government’s poverty line, 12.6% of the US population was poor in 1970; two decades later, it was 13.5%; in 2010, …

The New York Times Magazine: Why Poverty Persists In America Read More »

Scroll to Top