100 Women Making their Mark on the World of Finance Women are also achieving greater prominence and power in the private sector, and particularly in the world of finance, where Citigroup(ticker: C) CEO Jane Fraser just became the first woman to lead a major U.S. money-center bank. Thasunda Brown Duckett, a JPMorgan Chase(JPM) executive, was recently named CEO of TIAA,…
This Week in Women
In 25 years, the pay gap has shrunk by just 8 cents Take Ms. Rapinoe, whose fight for equal pay has become something of a calling card for the U.S. women’s team, and who played a central role in the team’s lawsuit on unequal pay filed in 2019. “One cannot simply outperform inequality,” she said. “Or be…
This Week in Women
Job or Kids? One in three working moms forced to choose as pandemic enters year two One attorney faked leaving her house every day, got in her car, and waved goodbye to her 3-year old, then sneaked back in the house to work upstairs, Damon said. Others put red-light/green-light signs on guestroom doors so they…
Macro Thinking
There is a lot of buzz going around about the size of the latest Covid relief bill and the national debt. $1.9 Trillion is a lot of money. Democrats call it the minimum amount of support needed to help individuals struggling through the pandemic, while Republicans call it a “liberal wish list” of pork barrel…
This Week in Women
Cathie Wood: A Tech Investor Doing God’s Work Wood is the public face of a speculative tech boom many liken to the dot.com boom and bust of the early 2000s. The success of Tesla and other technology stocks that Ark owns has, together with massive investor inflows, propelled the combined value of the five exchange…
Get Rich versus Stay Rich
I don’t help people get rich, I help them stay rich. My job as a wealth manager is to help clients hold on to their wealth and to preserve and grow it to keep pace with inflation. My number one priority is to ensure that money is there to meet their goals, when they are…
This Week in Women
Women outperform men in managing DC plans – Morningstar “We find that the probability of a plan offering these services is higher if the plan administrator is female, and the differences are statistically significant,” a Morningstar research report said. “In other words, female plan administrators run better plans than their male counterparts.” Morningstar’s Report: Wonder…
Happy Birthday Chief
Unless you’ve been living under a rock, you know the CEO of my firm, Ritholtz Wealth Management, is Josh Brown – aka Downtown Josh Brown, The Reformed Broker. Today is his birthday. So in true introverted blogger fashion, I am inspired to write down a bunch of things I’ve thought over the years but have…
This Week in Women
Melinda Gates and David Malpass: After the pandemic, put women first Women tend to be heavily employed in vulnerable sectors such as retail, restaurants and hospitality. They also often work in informal jobs, from selling wares on the streets to sewing at home, that lack protections such as paid sick leave or unemployment insurance. When those…
This Week in Women
Bumble CEO Whitney Wolfe Herd becomes youngest woman to take a company public Wolfe Herd rang the opening bell from Bumble’s offices in Austin with her 1-year-old son by her side. The IPO makes Wolfe Herd, 31, the youngest woman to take a company public (and, according to Bloomberg, with a $1.5 billion payday, a rare…
