Lessons from ‘GameStopped’ Wall Street

Lessons from ‘GameStopped’ Wall Street

A group of online investors upended Wall Street last week. By investing in GameStop – a fledgling but popular gaming company and box store –individual investors who strategized together on Reddit significantly raised the stock price while causing tremendous losses for...

Few Leaders Grasp Outrage of Average Citizens

Last week, I had the privilege, along with about 60 other Baptist leaders, of spending several hours at a White House briefing and conversation about important domestic policy issues. The briefing took place in a fourth-floor conference room in the venerable and...

Angry Churches Pull Money from Big Banks

(RNS) A small but growing number of religious communities across the country are removing their money from Wall Street banks to protest what they see as unfair mortgage foreclosures and unwillingness to lend to small businesses. The New Bottom Line (NBL) coalition of...

Protest Chaplains Shepherd Movement’s Spiritual Side

BOSTON (RNS) As waves of demonstrators descended on New York City to protest corporate greed, they were met by typical sounds of raucous youth-led protests: drum beats, police sirens and shouted political slogans. They didn’t expect to hear hymns. Yet protestors...