consumers

API Lays Out Initiatives, Including Partnerships with Communities of Color

“In fact, API has had a program for over a decade, which brings a minority and underrepresented communities together to talk about, jobs and initiatives within the oil and gas sector,” API President and CEO Mike Sommers said during a news conference on Thursday, March 25. “It’s an important priority of both the API board of directors and the API team in Washington. We’ll continue to grow those alliances over time because we know, based on the studies that we have done in this space, we expect that 50 percent of the jobs in oil and gas in the next 20 years are going to be filled by women and minorities.”

$900 Billion Federal Stimulus: What’s In it, What’s Not, What Remains

Although a New Year has begun, many American consumers and small businesses continue to feel a financial hangover from the challenges of 2020. As the global pandemic reveals a still-soaring American infection rate, the nation has also surpassed 350,000 related deaths, added more workers to the ranks of unemployed, and growing debts place millions more in financial crisis.  

Committee Democrats Call on Facebook to Halt Cryptocurrency Plans

“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook’s digital wallet – storing potentially trillions of dollars without depository insurance– also may become unique targets for hackers. For example, during the first three quarters of 2018, hackers stole nearly $1 billion from cryptocurrency exchanges. The system could also provide an under-regulated platform for illicit activity and money laundering.”