President Trump Enacts Tariffs on Steel and Aluminum, Amazon Appeals to Low-Income Customers

  • TARIFF UPDATE: Last week, President Donald Trump announced major tariffs on steel and aluminum imported from foreign countries. He signed the final tariffson Thursday, which spare Canadian and Mexican imports from being taxed, theWall Street Journal reports. The auto industry, which is already floundering, will likely be the most affected by these changes, according to Markets Insider
  • AMAZON'S UNBANKING: Amazon is making inroads with low-income customers, offering a low-cost version of Amazon Prime to Medicaid recipients,Quartz reports. They're also looking to offer checking accounts to customers without bank accounts, according to Markets Insider.  
  • REBEL GIRLS: Benefit Cosmetics has a storied past, according to Shondaland, which notes that the company's iconic Benetint was created after a stripper came to the store in search of nipple rouge. 
  • WORK-LIFE BALANCE FOR WOMEN OF COLOR: This long read in Slateincludes some important statistics about the growing wage gap between white women and women of color. Take a half hour this weekend to dig into it. 
  • WOMEN IN PRIVATE EQUITY: Women produce better returns on behalf of private equity firms, this column in Bloomberg Gadfly notes.
  • #METOO IN FINANCE: The problem of gender inequity still exists in finance and millennial women are afraid to talk about it, according to the Financial Times
  • WHERE ARE THE WOMEN AT?: About 90% of portfolio managers are men, but not because men are better at these jobs, according to MarketWatch

- Alicia McElhaney / She Spends Issue #44

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