Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Democratic presidential hopeful Pete Buttigieg in 2015 addressed two local police controversies in South Bend, Indiana, by saying in an official speech that "all lives matter," a comment that could land him in hot water with his party's increasingly energized progressive base.
It could also bring new attention to his record on race as the city's mayor. Activists say that the phrase "all lives matter" misses the point of the Black Lives Matter movement or dismisses it.
Buttigieg was apparently referencing his administration's refusal to hand over tape recordings of South Bend police officers that remain the subject of legal dispute, as well as the city council's request that a local police officer stop selling t-shirts that seemed to make light of the 2014 police killing of unarmed black man Eric Garner in New York.
"There is no contradiction between respecting the risks that police officers take every day in order to protect this community, and recognizing the need to overcome the biases implicit in a justice system that treats people from different backgrounds differently, even when they are accused of the same offenses," Buttigieg said at the time.
"We need to take both those things seriously, for the simple and profound reason that all lives matter," he said.
The comments came during Buttigieg's "State of the City" address at a local high school in March of that year.
Buttigieg, a 37-year-old, openly gay veteran, has taken the Democratic field by storm since he launched his candidacy in late January. The liberal mayor is credited with the economic turnaround of a Midwestern city in a state that went to Trump by nearly 20 points in 2016, and where Vice President Mike Pence served as governor.
But as voters begin to make sense of where Buttigieg stands on national issues, some progressives have begun to raise concerns about his ties to the controversial global consulting outfit McKinsey & Company and what some describe as a focus, at times colored by his gender, on his perceived intelligence, rather than his beliefs and proposals.
"The Mayor's comment was in the context of discussing racial reconciliation in his 2015 State of the City speech," said Lis Smith, a spokesperson for Buttigieg, in a statement. "He believes black lives matter and that has been reflected in his actions as mayor of South Bend."
Some critics of Black Lives Matter use the phrase "all lives matter" as a counter slogan. Black Lives Matter activists oppose America's disproportionate police violence against black people. When Democratic contenders Hillary Clinton and Martin O'Malley said "all lives matter" in 2015 during the last presidential primary race, those comments earned fierce pushback from progressives.
Buttigieg's comments about race and policing, as well as his record on race as mayor, could prove to be another lightning rod as voters seek out more information on Buttigieg, the only candidate polling above 1 percent without ever holding federal office.
Some local activists have for years been critical of Buttigieg's economic policies, which they say have disproportionately benefited white residents while doing little to address a higher unemployment rate among minorities. His critics also say Buttigieg's comments as mayor don't always stack up against his progressive rhetoric as a presidential candidate.
"That's four years ago, but it was not that long ago. It was not a time when 'all lives matter' was a smart thing to say, or reflective of someone who is concerned about black people being killed by the police," said Nate Levin-Aspenson, a local organizer in South Bend.
"What I would say is, take a look at what he is saying now, and compare that to his record as mayor. See what you find," Levin-Aspenson said.
Buttigieg's comments could also put a spotlight on one of the more controversial aspects of his tenure as mayor of South Bend, involving secret recordings allegedly made of South Bend police officers at the direction of the city's first African-American police chief, Darryl Boykins. Buttigieg demoted Boykins, who ultimately obtained a $75,000 settlement from the city after suing over what he described as Buttigieg's "racial animus. "
The officers believed to be recorded in the tapes also obtained a settlement from the city, for $500,000.
Buttigieg has maintained that releasing the tapes would violate federal wiretapping laws, and the settlement Boykins reached included a clause that stipulated the city did not admit to any wrongdoing regarding "disputed and doubtful" claims.
But the millennial mayor has noted the effect of the controversy on his standing in the city's minority communities.
"Overwhelming pressure mounted for me to disclose the recordings, especially from the African-American community," Buttigieg wrote in his political memoir released this year. Protesters picketed his first State of the City address, he wrote, and the story "affected my relationship with the African-American community in particular for years to come."
During the 2015 State of the City address, Buttigieg said that he was taking steps to build a more diverse police department and planned to engage the "services of professionals with a proven track record of helping American cities improve diversity and inclusion in their hiring in public safety and beyond."
Race is an increasingly important issue in the Democratic primary process, with more than 80 percent of African-American voters identifying as Democrats. Black voters accounted for nearly a quarter of the Democratic primary electorate in 2016, according to a CNN analysis of exit poll data.
Clinton, eventually the Democratic nominee, came under fire for her use of the phrase "all lives matter" in June 2015 while speaking at a black church near Ferguson, Missouri. The next month, Martin O'Malley, another contender, apologized for his use of the phrase.
Sen. Bernie Sanders, I-Vt., who lost to Clinton in 2016 and is leading the pack of declared Democratic candidates this cycle, also came under scrutiny that summer after appearing to dismiss activists with the Black Lives Matter movement who interrupted one of his events in Arizona.
"Black lives, of course, matter," Sanders said. "I spent 50 years of my life fighting for civil rights and for dignity. But if you don't want me to be here that's okay. I don't want to outscream people."