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Jobless rate for Black Americans drops as others rise

Black Americans were the only U.S. racial or ethnic group to see a drop in their jobless rate in August, helping drive the gap between the rates for Black people and white people back to near a record low. A rise in the jobless rate to 6% for African Americans in June as rates for other key demographic groups fell or held steady had raised concerns among some economists that it might signal a broader weakening of the job market might be at hand. The unemployment rate for Black Americans histor...
United States Amina Niasse Peter Graff Bureau Of Labor Statistics African Americans Black Americans
Source: yahoo.com

US private funds industry sues securities regulator over new rules

Six private equity and hedge fund trade groups on Friday sued the U.S. Securities and Exchange Commission (SEC), arguing the agency overstepped its statutory authority when adopting sweeping new expense and disclosure rules last week. SEC Chair Gary Gensler said the rules will increase transparency and competition in the private funds industry, which oversees around $20 trillion in assets and has been accused by advocacy groups of opacity and conflicts of interest. An agency spokesperson said ...
New York United States Peter Graff Cynthia Osterman Jonathan Oatis Gary Gensler
Source: yahoo.com

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US private funds industry sues securities regulator over new rules

Six private equity and hedge fund trade groups on Friday sued the U.S. Securities and Exchange Commission (SEC), arguing the agency overstepped its statutory authority when adopting sweeping new expense and disclosure rules last week. SEC Chair Gary Gensler said the rules will increase transparency and competition in the private funds industry, which oversees around $20 trillion in assets and has been accused by advocacy groups of opacity and conflicts of interest. An agency spokesperson said th
United States New York Gary Gensler Cynthia Osterman Peter Graff Jonathan Oatis
Source: aol.com

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