This Week in ESG and Impact Investing

To the editor: The reported  criminal investigation  involving Federal Reserve Board Chair Jerome Powell should alarm anyone who cares about financial stability, bank supervision and the rule-based operation of U.S. markets. This is not about a building renovation. It is about power. When political actors are dissatisfied with monetary policy — interest rates, inflation or the impact of tariffs — they increasingly seek leverage outside the policy process. Investigations, early leaks of confidential economic data, and public insinuations concerning legitimate private financial arrangements become tools of pressure. That is not accountability; it is intimidation. Just as  the fatal shooting  of Renée Nicole Good by an Immigration and Customs Enforcement agent in Minneapolis sparked questions about the appropriate use of force, the criminal inquiry into Powell over his congressional testimony about a building renovation — a question of public record and policy disclosur...

📊 Key Labor Market Facts — December 2025 According to the BLS December 2025 employment situation : The national unemployment rate was 4.4% in December 2025. ( Bureau of Labor Statistics ) Black or African American unemployment was significantly higher , at about 7.5% (seasonally adjusted), nearly double the rate for Whites.  Hispanic/Latino unemployment also remained elevated , though far below Black unemployment (about 4.9%).  Between January and September, the number of unemployed Black women surged from 598,000 to 830,000—an increase of 232,000. While unemployment for Black women dipped slightly in November, it rose again in December to 820,000, leaving Black women unemployment 222,000 higher than at the start of the year. These disparities reflect long-standing structural inequalities in the labor market, where Black workers routinely face higher unemployment rates and longer jobless spells than other groups.  📉 Direct Impacts on Black & Minority-Owned Busines...

Black Enterprise ’s recent article, “Pivotal Moves to Help Black Women Rebound Stronger From Massive Job Cuts,” offers a timely and necessary look at the accelerating employment crisis facing Black women—and, importantly, what can be done about it. The article grounds its analysis in hard data, noting the sharp rise in unemployment among Black women in 2025 and the concentration of job losses in sectors where Black women are disproportionately represented. It moves beyond surface-level advice by emphasizing financial triage, skills realignment, entrepreneurship, and long-term resilience as core strategies for recovery. Creative Investment Research was cited in the piece for our analysis showing that this surge in unemployment is not the result of labor-force exits , but of actual job losses and weak hiring , particularly in education, professional services, healthcare, and public-sector roles. That distinction matters—because it points directly to policy failures and sector-specific ...

Some economists argue that working-class Americans who vote for billionaire politicians are driven primarily by shame, status anxiety, and a desire to burn the system down . Of course, the psychology matters—but we examine, below, the fundamental  economic realities that created these conditions in the first place. When we put the economic narrative side-by-side with the data, a more precise conclusion emerges: status resentment is not the cause—it is the symptom . The cause is a long-running economic and policy failure that we predicted   in 1995  and that has never been structurally repaired. This post looks at three core indicators— income, manufacturing employment, and union membership —to show why appeals to dignity resonate, and why toxic and incompetent billionaire “outsiders” can exploit that resonance. 1. Income: The Promise Was Deliberately Broken, Not Forgotten For decades, white working-class Americans were told that productivity gains and economic growt...

BEA’s initial estimate says the U.S. economy grew at a 4.3% annual rate in Q3 2025 , a headline-grabbing figure that would normally signal a strong expansion. But this release arrives with an asterisk: BEA confirms the October–November federal shutdown delayed key source data and forced the agency to publish a hybrid estimate that substitutes for both the “advance” and “second” GDP reports.  At the same time, BEA reports a striking surge in profits: profits from current production jumped $166.1 billion in Q3—up from just $6.8 billion in Q2. The profit increase is broad-based, spanning domestic industries and finance.  Why we believe the 4.3% GDP number is likely overstated  This is not about claiming a conspiracy; it’s about risk-management in a quarter when the nation’s statistical system was disrupted . Shutdown-driven estimation risk is explicit. BEA states the shutdown delayed principal source data and that the estimate relies on a combination of methods norm...

The latest coverage from Reuters and Axios confirms what we’ve been documenting for more than a year : when the U.S. labor market weakens, Black workers—especially Black women and Black youth—are hit first and hardest . Key data callouts (Nov 2025): 🔴 Black unemployment surged to 8.3% , nearly double the national rate 🔴 Black teen unemployment exceeded 30% , a level with long-term scarring effects 🔴 Public-sector pullbacks and service-sector softness are disproportionately harming Black workers This is not a surprise . It is the continuation of a structural pattern we have been tracking in real time. What We’ve Been Saying — And Proving — All Along 📉 Black women lost 198,000 jobs from Jan. to Nov. 2025 , far more than any other demographic group 📉 Employment declines began months before headlines acknowledged labor market weakness 📉 National averages continue to mask racial and gender disparities Our prior analyses: ➡️ Black women’s job losses are the canary in the coal mine ...