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Showing posts with the label serve

Volunteers speak on why they serve and why more people don't

Every day, people in the U.S. donate their time, skills and energy to their communities by volunteering with nonprofit organizations Every day, Americans donate their time, skills and energy to their communities by volunteering with nonprofit organizations. The Associated Press interviewed five volunteers about what motivated them to get involved and why they think more people don't give their time. Recently released data from the U.S. Census and AmeriCorps showed that volunteer participation fell 7 percentage points between 2019 and 2021, part of a long trend in declining volunteerism. These interviews have been edited for length and clarity: SAN FRANCISCO — For 16 years, Troy Brunet has volunteered with Project Homeless Connect in San Francisco and leads their initiative to give eyeglasses to those who need them. The 58-year-old passes out cards with information about the organization's events wherever he goes and describes the joy he gets from bringing volunteers together. ...

Federal Reserve and the markets in standoff on rate hikes

Sooner or later, either Wall Street or the Federal Reserve has to blink WASHINGTON -- Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, investors still don’t seem to fully believe what the Fed warns is coming next: Higher rates through the end of the year, which could sharply raise unemployment and slow growth. Wall Street has a more sanguine view: With inflation cooling from painful highs, investors are betting that the Fed will stop hiking rates soon, pause for a bit and then start cutting rates toward the end of the year to combat what many on Wall Street expect will be a mild recession. That relatively optimistic view has helped propel the broad S &P 500 stock index up 4.4% so far this year. Yet a host of Fed speakers last week underscored a contrasting message: They expect to raise their benchmark rate above 5%, modestly above Wall Street’s forecast. Doin...