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Why Philadelphia needs blended capital to address racial inequities

This funding model could bring more equity to the city's diversity of entrepreneurs, writes Melina Harris, analyst and capital access coordinator for Philadelphia Anchors for Growth and Equity. The program's Hurdle Fund has shown early success.

Comcast NBC Universal Foundation Awards $315K in Project Innovation Grants to 8 Chicago-Area Nonprofits

Federal Reserve moves to address lack of diversity in its leadership

The Globe and Mail Ann Saphir Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Leah Millis/Reuters For more than a century of the U.S. Federal Reserve’s existence, the critical job of controlling the cost of money and the availability of credit has fallen mostly to white men, even though women and minorities have for decades made up a majority of the work force in an increasingly diverse economy.

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