OMAHA — First National Bank of Omaha has renewed its longstanding commitment to building stronger communities with the launch of "Impact by FNBO," the bank's new community and corporate social responsibility strategy.
"FNBO has always operated with the vision of successful communities in all the places we call home," said Alec Gorynski, vice president of community development and corporate philanthropy. "Impact by FNBO is our renewed and expanded community strategy that remains committed to that vision and will be leveraged across our seven-state footprint, including Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas."
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Fixing systemic racism: 19 Black economists you should know about | Fortune
Softball tournament brings economic relief during COVID-19 recovery
The Texas State Softball Championships is in town. It's one of the first sporting events being held, not only in our community, but around the state since COVID-19 started.
"It's a great feeling as a parent. We've had these kids locked up not being able to practice. To finally get on the field again is an incredible feeling for these girls and an experience for these parents," said Kevin Cummings, a dad in town with his daughter's team.
The tournament features 96 teams and games are being held at Veterans Park, Central Park, and Bee Creek Park in College Station, as well as the Bryan Regional Athletic Complex in Bryan.
Buttonwood - To understand the new wave of small investors, look to China | Finance &
T HERE IS NOTHING new on Wall Street. Speculation is as old as the hills. So says the protagonist of "Reminiscences of a Stock Operator", published in 1923. Quite so—but you can count on some new variations. Take the case of Nikola Corporation, which makes trucks powered by green energy. On June 8th its stock price doubled. It was then worth more than Ford. Yet it has sold no vehicles. "Sympathetic magic", explains a seasoned investor.
Enough, that is, for a new army of retail speculators, which is blamed for a lot of strange moves in stock prices. Since March, no-cost brokerages that cater to small investors report a dramatic surge in new accounts and trading volumes. A noisy gaggle of social-media and chat-room pundits has emerged. David Portnoy, a sports-betting media-mogul reinvented as "Davey Day Trader" is perhaps the most prominent. The retail army has marched into America's evergreen tech stocks.
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Women's Job Losses From Pandemic Aren't Good for Economic Recovery - WSJ
Women have lost jobs at a steeper rate than men during the coronavirus pandemic, a factor that is likely to hold back the economic recovery.
Persistently high layoffs suggest a slow U.S. economic rebound | Fortune
The trouble with climate finance - Green investing has shortcomings | Leaders | The Economist
One of the shortcomings of green finance might be called "materiality". Some fee-hungry fund managers make hyperbolic claims about their influence, even as big-business bashers pin most of the blame for pollution on companies. The reality is more prosaic. Fund managers have some influence over a big slice of the economy, but many emissions occur outside the firms they control.
Some European bank regulators hope to cut emissions indirectly, by imposing climate-stress tests on lenders and insurers that penalise their exposures to dirty or vulnerable projects. But the evidence so far suggests that this will not make much difference (assuming there is no change in rules on carbon emissions).
Resorts balancing safety, economics as they reopen | Times Colonist
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