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Many leaders sounded the alarm throughout the pandemic about the barrage of women forced to leave their professional jobs. Reasons varied from being disproportionately employed by and thus severely affected by service sector closings to shouldering greater caregiving responsibilities at home. Data shows that women of color were hit hardest.

A new report from S&P Global reaffirms that these recent setbacks stand on top of decades of income inequality for Black women. Wage gaps have slowed household income growth for families of color and make them less able to weather significant economic downturns like the one we're currently experiencing. Looking at the big picture, the report estimates wage gaps and other barriers to economic mobility for Black women have depressed the US economy by about $507 billion over the past 60 years.

As we start to reopen and rebuild, we need all hands on deck — and that means a strong presence of women, especially women of color, in the workforce. To achieve this, we need to implement structures and support systems from private and public sectors that enable their continued contributions and success.

This week on World Oceans Day, National Geographic recognized the Southern Ocean as the fifth official ocean in atlases and maps!
Why Doing Good Is No Longer Bad Business
The focus on environmental, social and governance changes at America's most prominent companies responds to demand from consumers and investors. A recent example: last month, Exxon Mobil shareholders elected three directors nominated by an activist hedge fund unhappy with the company's climate policies.
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G7 Criticized for Bailouts with No 'Green Strings' Attached
The world's leading economies have allocated more than $189 billion of pandemic recovery funds to support fossil fuels, despite government pledges to "build back greener" and cut carbon emissions.
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LGBTQ Women & Nonbinary Innovators
Fast Company's second annual Queer 50 list features changemakers from across industries who have an established history of impact and the next generation of innovators who are pushing the boundaries of possibility.
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"If We Stay in Silence, We Stay in Our Silos"
Steph Speirs, co-founder and CEO of solar energy startup Solstice, reflects on how her attitude toward her Asian American identity has evolved and how her upbringing set her on the path to entrepreneurship.
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How Chicago's Proudest Neighborhood Pulled Through the Pandemic
Northalsted is the oldest officially recognized gay neighborhood in the US and thrives on an active social scene within restaurants and bars. Inc. says “how local business owners pulled through the pandemic is a case study in resilience.”
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After Pressure, All-Male Boards Have Vanished From S&P 500
The appointment of Carintia Martinez to the board of Monolithic Power Systems Inc. ends a year-long search for the company, which hasn't had a woman on the board since 2016 and marks the first time all the companies represented on the S&P 500 have at least one woman on each of their boards. Click to see the S&P 500 companies with the highest and lowest percentage of female board members.
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