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LA Fires and Local Workers
As many as 35,000 jobs held by Latinos could be lost permanently because of the Los Angeles County fires, according to research by the UCLA Latino Policy and Politics Institute.
Category Economics
Fed delivers rate cut
“The Fed lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. The magnitude of the rate cut came in-line with traders’ expectations, according to the CME Group’s FedWatch tool. Wednesday’s policy shift marks the first rate cut…
Private-Equity and Healthcare
“The California state senate has passed legislation to hinder healthcare acquisitions by private-equity firms and hedge funds, as states seek new powers to slow the corporate consolidation of medicine. The law, called Assembly Bill 3129, passed the senate by a…
Harris/Walz to propose new $50,000 tax deduction
“Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, according to a Harris campaign official who was granted anonymity…
Self-segregation?
“Black Brilliance: How Latham & Watkins Built an Extraordinary Network of Top Black Lawyers”.