“This is wild. I’ve honestly never seen something at this scale and speed in the time I’ve covered politics.” Direct payments ranging from $1,400 for individuals to $5,600 for families of four began landing in U.S. bank accounts late Friday, just over 24 hours after President Joe Biden signed into law a $1.9 trillion coronavirus relief package […]
“We’re going to be aggressively buying back, and consistently,” said Morgan Stanley chief executive James Gorman. For millions of regular Americans, the end of 2020 was marked by economic distress, with millions suffering pandemic-triggered job losses—and thus the loss of their employer-tied health insurance—still waiting on robust economic relief from federal lawmakers, and facing a weak social safety net. For the nation’s biggest banks, […]
Alaskans, For decades, we have been leading the way in responsible energy development. Our petroleum industry supports over 110,000 jobs, meaning 1 in 3 Alaskans pour their efforts into properly balancing the need for oil extraction with careful protection of our state’s unique ecosystems. In 1980, President Jimmy Carter – a staunch environmentalist by […]
Recently the Alaska Congressional delegation, Don Young, Dan Sullivan, and Lisa Murkoski shamefully attempted to utilize this moment of racial spotlight to benefit their own profit interests, by implying that global banks’ decisions to divest from the fossil fuel industry in Alaska is racially fueled. Banks around the world are divesting from activities that […]