Vanguard, a major global asset manager, is planning to significantly expand its US offshore wealth services, primarily by tripling its team in Miami and growing in other US cities like Houston and California. This strategic move aims to cater to wealthy Latin Americans who increasingly seek to move their assets abroad, often preferring the US for its stability.
Women in the U.S. have been among those hardest hit economically by the Covid-19 pandemic, knocked out of the workforce by the double whammy of a child care crisis and the pandemic recession.
For Black Americans, the prospect of student debt forgiveness, currently under consideration by President Joe Biden, would be especially welcome.