As the U.S. inches closer to Election Day, the focus on voters in key battleground states continues to intensify, particularly in Florida where Tyler Perry and non-profit organization Equal Ground have partnered on an initiative to turn out Black voters.
Jasmine Burney-Clark, director at Equal Ground, said the "Souls to the Polls" initiative is about educating communities on important issues and helping them make informed decisions once it is time to cast their ballots. It also conducted voter registration efforts.
Through partnerships with local Florida churches, the group has been able to hold Park and Praise events, where voters can drop their ballots, attend in-car church services, and even hear live musical entertainment.
"We know that COVID has not allowed many churches to come together and convene in a real way inside of their places of worship, so we figured we'd do an outside version of that, where folks continue to stay in their car," Burney-Clark told Cheddar.
Perry and Equal Ground look to bring out more than 250,000 Black voters in the state through the Souls to the Polls drive.
Along with receiving "inspirational messages" at the drive-in services, Burney-Clark said the events allow communities to safely gather after not having interacted or seeing each other for months.
So far the group has received $500,000 in charitable donations to keep the program on its feet and funding the voter turnout efforts.
"We are really using it to fuel the economic structure of Black businesses in our community," Burney-Clark said, by using the money to hire local help with event production, ranging from show elements to food services. Equal Ground is also employing workers to send text messages, knock on doors, and drive people to the polls all in effort to boost Black voter turnout this election.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.