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Transcripts For BLOOMBERG Bloomberg 20240704

I am Katie Greifeld and welcome to bloomberg markets. You take a look at the markets and there is some red on the screen. The s p 500 off by about point read percent, a far cry from this time 24 hours ago. You look at the nasdaq 100 and the big tech names and it gets worse. The nasdaq 100 off by. 8 , not too big of a move but to the downside. This as we count down to the fed decision. That line is what you want to watch, the 10year treasury yield lower by one basis point. We are sitting at 4. 3 or so. Of course that meeting kicked off at 9 00 a. M. Let us dive deeper into the markets with catherine, the stone next financial chief market strategist. Let us talk about the fed but let us start about the bank of japan, the big news out overnight, the negative Interest Rate and the zero Interest Rate era is over. What could that mean for Global Markets . It could mean a bit of an impetus for more growth in japan, i think the negative Interest Rate policy was controversial in its effectivene

Williams: VUU's stance on historic hospital lacks clarity

The debate surrounding the hospital has exposed fissures on the topic within the Black community.

Modern Black Migration: Why the South Is Drawing Communities Back and Other Patterns to Watch

Black families and organizations are working to reclaim the land and housing security that’s been taken from them

'Removing obstacles to growth' | Richmond Free Press | Serving the African American Community in Richmond, VA

President Hakim J. Lucas used Virginia Union University’s Founders Day celebrations to announce a partnership with a New York-based development and investment firm to build affordable housing along Brook and Overbrook roads. The Steinbridge Group has committed $42 million to build 130 to 200 residences on the northern edge of VUU’s campus. During the Feb. 2 press conference, the group’s founder and CEO, Tawan Davis, said his firm had worked with business- man and philanthropist Robert F. Smith’s Student Freedom Initiative (SFI) to select VUU as the first HBCU to receive an investment as part of its $100 million initiative announced in November 2023. Its aim is to help HBCUs and other minority-serving institu- tions make underutilized assets economically productive, thereby diversifying their revenue streams and improving their financial situations and endowments. Mr. Davis estimated that Steinbridge’s investment in VUU will increase the university’s endowme

Virginia Union Receives Historic $40M Investment