Black entrepreneurs take aim at racial wealth gap by starting mortgage fintech

A fintech startup launching this Labor Day is looking to chip away at the racial wealth and homeownership gaps by helping its customers show lenders that, even if they don’t have the credit score to secure a mortgage, they have the cash flow. Ashley D. Bell, the founder and CEO of Ready Life, has landed … Read more

Ban on single use plastic starting July 1 will not be deferred: Minister

Single-use plastics’ ban, which will come into force on July 1, is unlikely to see an extension in the deadline, Union environment minister Bhupinder Yadav said. The Union ministry of environment, forest and climate change had notified the Plastic Waste Management Amendment Rules, 2021, in August last year. … Read more

Housing market starting to shift back to buyers

The housing market is showing small, but significant, indicators that the balance is shifting back towards buyers from sellers, Redfin said. Its seasonally-adjusted Homebuyer Demand Index was down 9% year-over-year during the week ending May 29. This was the seventh consecutive decline in the index, which measures requests for tours and other homebuying services from … Read more

New Rules Requires Washington Employers to Monitor Temp, Air Quality Starting Mid-June

Employers in Washington will be required to monitor temperature and air quality, take steps to protect workers from heat and smoke hazards, and provide training and information from June 15 through the end of September, The Washington Department of Labor & Industries on Wednesday filed emergency outdoor heat exposure and wildfire smoke rules to protect … Read more

Are cracks starting to show at Microsoft? (NASDAQ:MSFT)

Jean-Luc Ichard/iStock Editorial via Getty Images Microsoft (NASDAQ:MSFT), which has been classified as one of the stalwarts of the tech industry amid the recent market decline, looks as if it may not be completely infallible after all. That’s because Microsoft (MSFT) may be tapping the breaks a bit on his hiring plans, according to a … Read more

The EU has fired the starting gun in the fightback against Big Tech

The writer is author of ‘The Age of Surveillance Capitalism’ and professor emeritus at Harvard Business School On April 23, lawmakers in Brussels approved the Digital Services Act, a major piece of legislation aimed at curbing the power of Big Tech. The DSA is not just more procedural drudgery on the EU’s conveyor belt of … Read more

Indonesia ban on palm oil exports starting April 28 rattles Indian markets

In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to ban exports from April 28 till further notice. … Read more