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I never cease to be amazed by how much power exists when Black women come together to reflect on where we’ve been, analyze where we are, and strategize on where we need to go.
Raising the debt ceiling cannot come at the expense of workers, especially those workers who are finally getting a foothold in the labor market; some for the first time ever
JP Morgan Chase has now been hit with a total of $20 billion in fines and restitution for a variety of misdeeds over the past decade -- a record total by far for any business. Is the bank reeling in shame and pain? Has it gotten rid of the CEO who incurred all those penalties? Has its stock sunk to historic new lows?
No, no, and no.
The bank's stock price is actually higher now that it was before this avalanche of fines began -- indeed, the stock is near a five-year high.
When fast food workers went on strike recently in Washington State, they weren't just protesting low wages. They were also protesting the lack of enough work hours and reliable schedules.
Like low-wage employers everywhere, restaurant chains in Washington go to great lengths to limit their workers to under 30 hours a week. Once an employee goes over that threshold, they qualify for benefits that even low road employers feel they have must offer.