• Financial Management

    Wealth Management Firms Address Systemic Racism

    With over 1,800 attendees, panelists representing the wealth management industry addressed systemic racism and its consequences for Black investors at the inaugural Black Wealth Summit, a three-day virtual event. Participants included speakers from Morgan Stanley, Raymond James, Charles Schwab, JPMorgan Chase and Bank of America, all of which addressed cultural and systemic factors they saw as obstacles to the generation of wealth by Black Americans, particularly intergenerational wealth.  Between sessions on Black wealth creation, event planners layered fireside chats on entrepreneurship, workshops on social media and education around behavioral finance alongside virtual networking opportunities. The event, which concludes on Friday,  

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  • Business & Finance

    Insurance firms pledge small-business help as pressure to address rising rates mounts

    The Canadian Press IS attack on Afghan university leaves 22 dead, 22 wounded KABUL — Islamic State militants in Afghanistan stormed Kabul University on Monday as it hosted a book fair attended by the Iranian ambassador, sparking an hours-long gunbattle and leaving at least 22 dead and 22 wounded at the war-torn country’s largest school. Most of the casualties were students and there were fears the death toll could climb further with some of the wounded said to be in critical condition. It was the second attack on an educational institution in Kabul in as many weeks. The Taliban promptly  

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  • Vehicle Insurance

    Alberta panel recommends no-fault auto insurance to address rising, costly premiums

    EDMONTON — A government panel is recommending a fundamental overhaul of automobile insurance in Alberta to move away from costly, protracted court fights to a collaborative no-fault model. © Provided by The Canadian Press Chris Daniel, who heads the panel, says the change is critical if auto insurance is to remain sustainable while providing fair and timely care and compensation to those hurt in collisions. Daniel says it wouldn’t be easy and couldn’t be done overnight. “A fundamentally reformed automobile insurance system requires significant cultural shift in the attitude and expectation from current practices, participants, and providers,” Daniel told a  

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