Majora Carter embraces the idea of “self-gentrification” in her native South Bronx. She founded a park in a spot slated to become a waste-transfer facility. She hires local gamers to test software and provide customer service for major tech outfits. And now she’s opened the first boutique coffee shop in Hunts Point, a marginalized neighborhood that, once upon a time, she swore she would leave forever.
First, the MoneyBeat camp breaks down what the surging dollar means to the global economy and markets around the world. Then, a look at why planned festivities for Dow 20000 are modest compared to when it reached 10000 for the first time in 1999.