Sustainable investing has become mainstream

By Ang Gao
Medill Reports

“Your capital can do more than generate returns.”

This used to be a slogan persuading investors to be more socially impactful. But now it’s a trend.

Sustainable, responsible and impact investing, or SRI, is an investment discipline that “considers environmental, social and corporate governance criteria to generate long-term competitive financial returns and positive societal impact,” according to US SIF: The Forum for Sustainable and Responsible Investment, an association that advances SRI across all asset classes.

The total U.S.-domiciled assets under management using SRI strategies grew to $8.72 trillion at the start of 2016, an increase of 33 percent since 2014 and a 14-fold increase since 1995, taking up around 21.6 percent of total U.S. assets under management of $40.3 trillion, according to the latest data compiled by the association.

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The After-Bern: Will Bernie Sanders make another run for President?

By Elizabeth Beyer
Medill Reports

Supporters of Vermont Senator Bernie Sanders are already calling on him to run for president in 2020.

The Vermont politician has yet to confirm or deny his second bid for the presidency but multiple news outlets have hinted at the possibility.

Regardless of his rumored political aspirations for the next presidential election, the impact Sanders had on the 2016 campaign trail and Democratic Party politics is lasting.

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Campus gunman hoax alarms Northwestern students

By Cade Shultice
Medill Reports

Northwestern University students and community members breathed sighs of relief on Wednesday after the Evanston Police Department declared that the emergency alert issued earlier that day was a false alarm.

Around 2:30 pm, the Northwestern University Emergency Notification System sent out phone calls, text messages and emails to students and staff members, warning them of a potential gunman on the Evanston campus and advising them to seek shelter.

By 4:30 police determined that the alleged presence of an armed man was a hoax perpetrated by an unknown caller from outside Evanston, and gave the all clear to return to normal.

But several students said they were shaken by the experience.

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U.S. jobless claims drop, signaling robust labor market

By Alexa Adler
Medill Reports

The number of Americans filing initial unemployment claims dropped slightly last week, signaling continued soundness in the labor markets.

The U.S. Department of Labor reported Thursday that for the week ended March 10, seasonally adjusted initial jobless claims decreased by 4,000 to 226,000 from the revised figure of 230,000 for the week ended March 10. The four-week moving average, which is considered to be a more reliable measure because it tends to not be as volatile as a one-week figure, was 221,500, a decrease of 750 from the prior week’s revised moving average of 222,250.

The initial claims were a bit more favorable than the economists’ consensus outlook of 229,000, reported by the Econoday Economic Report.

Weekly initial jobless claims have been below 300,000 for more than a year. Jobless claims, however, have increased by a modest amount from the 210,000 reported for the week ended Feb. 24, which marked their lowest level in nearly 50 years, according to MarketWatch.

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Chicago-area students walk out in protest of school shootings

By Serena Yeh
Medill Reports

At Oak Park and River Forest High School Wednesday morning, around 1000 students, many wearing orange in solidarity, walked out of their classes at 10 a.m., carrying signs protesting gun violence while marching around their school compound.

At Evanston Township High School, almost all 3,500 students entered their football stadium to chants of “Enough is Enough” and “NRA, Go Away.”

As they filled the bleachers, the students were given papers with a script template and 12 legislators’ phone numbers.

After listening to speeches from student senators, the ETHS students huddled in groups of twos or threes and made calls to pressure the lawmakers.

These students were among tens of thousands from elementary to middle to high schools to colleges across Chicago and the suburbs who marched out of their classes at 10 a.m. to protest gun violence and to stand for the victims of last month’s Marjory Stoneman Douglas High School shooting, where 17 people were killed.

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Photo Gallery: Students walk out to protest against gun violence

By Giulia Petroni and Ilana Marcus
Medill Reports

In solidarity with the National Walkout Day, students across the Chicago-area walked out of their classrooms to protest against gun violence.

The 17-minute march — a minute for each life lost in the Parkland shooting — is intended to pressure U.S. Congress to pass gun control legislation.

At Evanston Township and Oak Park and River Forest high schools, students, parents and community members marched and held signs to say “enough is enough”.

Photo at top: Walkout at Oak Park and River Forest High School. (Giulia Petroni/MEDILL)

Illinois senators join the movement against gun violence

By Kaitlin Englund
Medill Reports

Showing solidarity with students across the nation, approximately 100 Illinois senators, lobbyists and staff walked out at the Capitol in Springfield Wednesday morning to remember those who have died from gun violence in Chicago and throughout the United States.

“We are here today, not as politicians but as colleagues committed to working together with one another on behalf of students, teachers, police officers, parents and all members of our community who should be able to live or work or learn or worship or do anything else without the fear that their lives are in danger,” said Sen. Chris Nybo R-Elmhurst at the walkout.

The walkout, streamed live by the several sources, took place in front of the Capitol building at 10 a.m.

Sen. Melinda Bush, D-Grayslake who organized the demonstration, read some of the stories of the victims of the Parkland shooting while members of the Senate held up photos of those slain.

Afterwards, they held a moment of silence to remember Chicago Police Commander Paul Bauer, who was shot and killed while on duty last month.

Bush said she thought the demonstration had a great turnout and saw it as a chance to support students regardless of party affiliation.

“This was a chance for us to come together in a bipartisan way,” she said. “This is really about hearing the students, hearing the young people … We just want them to know that we are hearing their voices.”

Later Wednesday, the Senate approved bills that ban bump stocks and trigger cranks, extend the waiting period for assault weapons to 72 hours and increases the age of purchase for assault-style weapons.

Wildcats showed strong start in Big Ten encounters, despite Coach Swan’s leave of absence

Athena Liu

Medill Reports

Northwestern University’s Men’s Tennis team achieved a good 1-1 start in Big Ten play, after falling to No. 6 Illinois 0-4 on Friday night and knocking off Indiana University 4-2 on Sunday morning.

The Wildcats fought with high spirits after a tough week when head coach Arvid Swan took a immediate leave of absence due to  a personal health issue.

“We wish Arvid and his family the best and, in this situation, the team and everyone in Northwestern definitely looks forward to seeing him back at the sideline in the near future,” said Assistant Coach Chris Klingeman, named interim head coach as the team headed into the Big Ten weekend.

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Harold Washington Library Opens Holocaust Exhibit

By Jessica Nieberg
Medill Reports

Though Illinois is home to one of the most high-tech Holocaust museums in the world, The Harold Washington Library Center is showcasing a special — though lower-tech — exhibit, making an educational experience about the Holocaust more accessible to city residents.

The Courage To Remember exhibit will be on display until May 31, 2018.

PHOTO AT TOP: Forty panels line the Grand Promenade on the third floor of the Harold Washington Library Center. (Jessica Nieberg/MEDILL)

Consumer price rise slows, stirring renewed Fed action speculation

By Roxanne (Yanchun) Liu
Medill Reports

Consumer Price Index growth slowed to 0.2 percent in February from 0.5 percent in the prior month, the U.S. Bureau of Labor Statistics reported, stirring divergent anticipations of the likely timing of the Federal Reserve’s next move to curb inflation. The February bump was in line with the Wall Street consensus forecast.

One-month percent change in CPI, source: U.S. Bureau of Labor Statistics, March. 13 (Liu Yanchun/Medill)

The index increase was held back by a sharp price decline in the energy sector, with the adjusted gasoline index plummeting 0.9 percent after jumping 5.7 percent in January, and the fuel oil index falling 3.6 percent after a 9.5-percent hike a month earlier.

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