Economic Equity
HBCU Caucus Partnership Challenge Is an Effort To Promote Greater Engagement and Support Between Private Companies
The HBCU Caucus Partnership Challenge is an effort to promote greater engagement and support between private companies and HBCUs. 99 companies have taken the challenge. Washington, D.C. – Today, Congresswoman Alma Adams (D-NC-12) and Congressman French Hill (R-AR-02) announced 3
Read MoreRocket Mortgage ‘Changing the Course’ for Black Detroit Residents During PGA TOUR Event
Even as Tony Finau, Taylor Pendrit, Cameron Champ, and others stormed atop the leaderboard, officials were again making sure that the PGA TOUR’s Rocket Mortgage Classic continued its four-year-old tradition of being more than just about golf. As competition in
Read MoreWealth of Nations: Why Some Are Rich, Others Are Poor – And What It Means for Future Prosperity
Why are some nations rich and others poor? Can the governments of poor nations do something to ensure that their nations become rich? These sorts of questions have long fascinated public officials and economists, at least since Adam Smith, the
Read MoreMinority-Owned, Black-Led Firm Awarded $102.5M Levee & Drainage Canal Relocation Project in Louisiana
US Army Corps of Engineers, Vicksburg District, has awarded Greenup Cajun JV, LLC a $102.5 million dollar construction contract to build hurricane protection structures and move levees and drainage canals in Louisiana’s Plaquemines Parish. The company is minority-owned with a
Read MoreThe Last Two Recessions Hit Young People Hardest – Here’s How You Can Protect Yourself for the Next One
After the pandemic and now a cost of living crisis, it seems unthinkable that the economic situation could get worse. But experts are pretty certain that the UK economy will flatline in 2023, and some are even murmuring that a
Read More2022 GNI Ad Transformation Lab – Program To Help Black- And Latino- Owned Publications
The Google News Initiative, in partnership with the Association of Alternative Newsmedia (AAN), the National Association of Hispanic Publications (NAHP), and the National Newspaper Publishers Association (NNPA), kicked off the 2022 GNI Ad Transformation Lab — a four-month program to
Read MoreMeet the Founder of a $500K Scholarship Fund That Supports Black Women Entrepreneurs
Atlanta, GA — Award-winning entrepreneur Dr. Velma Trayham has launched a $500,000 scholarship fund to support Black women entrepreneurs across the country. The fund, which is a part of her upcoming Millionaire Mastermind Entrepreneur Accelerator Program this spring, is
Read MorePGA TOUR announces Spaces as part of Twitter extension in 2022
PONTE VEDRA BEACH, FLORIDA, AND SAN FRANCISCO – The PGA TOUR and Twitter announced a renewal of their content agreement that supports the TOUR’s creation of exclusive content for Twitter’s new live audio feature, Spaces. As part of the agreement,
Read MoreBlack Business: Your Ancestors Didn’t Have a Problem With it!
Now some people are not going to like what they are about to read! Dallas, Texas’ historic Friendship-West Baptist Church, under the leadership of Rev. Dr. Frederick D. Haynes III, called for 100 Days of Buying Black as members
Read MoreBlack Woman CEO Celebrates Having Helped Firms Secure More than $47M in Funding
Tiffany C. Wright, founder of The Resourceful CEO, LLC, has now helped tens of companies secure more than $47 million in funding. This milestone is a major move forward for Tiffany and her company on its mission to help companies
Read MoreTina Knowles-Lawson and Beverly Johnson Celebrate the Boss Network’s 12th Anniversary With the 2021 “Ladies That Lead Conference”
Chicago, IL — The BOSS Network, an online community of professional and entrepreneurial women who support each other through digital content, programs, and event-based networking, will continue its 12th-anniversary celebration with its highly-anticipated Ladies that Lead Conference. The annual event,
Read MoreAmerican Bridge and Gov. Deval Patrick Announce Multi-Million-Dollar Investment in Grassroots Organizing
American Bridge 21st Century Foundation announced the launch of BridgeTogether, a new c(3) and c(4) fund established to support year-round local grassroots organizing. Conceived by American Bridge 21st Century Co-Chair Gov. Deval Patrick, BridgeTogether will invest in local community groups
Read MoreBlack Consumers, Businesses Must Lead American Energy Policy Talks, Experts Say
According to an IHS study, women and minorities will account for hundreds of thousands of those openings—more than 700,000 African Americans and Hispanics and 290,000 women …
Read MoreMack Major Makes a Difference in Real Estate and Economic Development
Mack Major has always exhibited a knack for entrepreneurism. It was not because of a need for money but mostly for an outlet from his rigid engineering career. About 20 years ago, Major said he turned to his home improvement
Read MorePodcast Highlights the Contributions of Black Women in the American Workforce, Ongoing Fight For Equal Pay
In recognition of ongoing disparities that affect millions of Black women, In These Times magazine and the Leonard C. Goodman Institute for Investigative Reporting present a 12-episode podcast series In The Gap, hosted and produced by award-winning Black woman journalist Chandra Thomas
Read MoreNew Finance Book Empowers Black Americans to Reset Cultural Mindsets and Expand Net Worth
With Black History Month upon us, African Americans looking to level up their finances in 2021 while reflecting on our cultural financial history now have a fresh resource to look to following the launch of the new book, #7- Figure Net
Read MoreHBCU Grad Creates Card Game That Empowers Black & Brown Families to Build Generational Wealth
Baltimore, MD — From a story of power and perseverance comes a game of life and learning. Meet Ruby Taylor, an HBCU graduate from Howard University who is the founder of Legacy! Card Game – a fun, interactive way for black and brown
Read MoreNew Economics for a New Generation of Constructive Collective Action – GDN Exclusive
There is an issue of great significance to African Americans historically created and maintained by Corporate America from the beginning of the establishment of this country. The history is well-known and not debatable. That issue is Economic Inequality or Economic
Read MoreCompetitive Business Advantage: Why It’s Important to Increase the Value of Your Business
Competitive Advantage course explains why it is important to increase the value of your business so that customers choose you over your competitor.
Read MoreNielsen’s 10th-Year African American Consumer Report Explores the Power of the Black Community
Data shows African Americans have increasing cultural, economic and political influence CHICAGO – October 21, 2020 – For 10 years, Nielsen has been dedicated to telling the story of the power of Black consumers and their diversity, long before the
Read MoreSmall Business Development Center Assists Aspiring Entrepreneurs
Small Business Development Center helps with business ownership and keeps existing businesses competitive in an ever-changing global marketplace.
Read MoreCommon Anomaly: Business Basics and Fundamentals for Teens
In “Common Anomaly,” 16-year-old Evan White gives timely practical financial advice Evan White is a teen finance wizard. At the tender age seven, he began looking into all things business after earning his first dollar doing household chores. At
Read MorePartnership Seeks to Create More Lending Opportunities For Black-Owned Businesses
CDC Small Business Finance, the nation’s leading mission-based small business lender, and Capital Impact Partners, a Community Development Financial Institution (CDFI) that champions social and economic justice nationally, are proud to announce a new alliance. With a focus on economic empowerment
Read MoreMinority Business Zuhuri Beauty Owned by EnJunaya Canton – Growing Fast
U.S. Bank and nonprofit PACE have helped the minority business Zuhuri Beauty stay on track for continued growth as it has navigated COVID-19 It’s been an exciting couple of years for EnJunaya Canton, owner of Zuhuri Beauty; a skin care
Read MoreMany Black Entrepreneurs Have These 10 Myths and Misconceptions About Business Credit
Many African Americans are denied business loans when they go to apply at major banks and credit unions, but this doesn’t necessarily mean that they can not get access to business credit. There are many other alternatives such as community-based specialists…
Read MoreNNPA Teams with Magic Johnson to Fund Over $100 Million in PPP Loans for Minority and Women-Owned Businesses
Dr. Benjamin F. Chavis, Jr., President and CEO of the National Newspaper Publishers Association (NNPA) announced today that he and the NNPA have agreed to assist the efforts of Earvin “Magic” Johnson, majority owner of EquiTrust, the nation’s largest
Read MoreThe American Economic System Works Just Fine for White People
For the past four hundred years, and most recently after the brutal killings of George Floyd, Breonna Taylor, Rayshard Brooks, and other Black citizens by police forces in America, Black people and progressive Whites in America have protested that “the
Read MoreHow Start Investing for the Long-Term – Choose Investment Priorities
Learn about the investment options available to you that make the most sense for your long-term financial success. Investing can help your money grow. But before you move your money to anything riskier than a savings account or IRA, you should
Read More“Shop Black Week” Campaign to Boost Support For Black-Owned Businesses
Nationwide — As consumers across the U.S. gear up for holiday deals on sales merchandise, this Black Friday, a coalition urges buyers to make it a Shop Black Week. More than 100 groups have designated November 22 to 29 as Shop Black
Read MoreBlack Entrepreneur Creates First Ever Social Networking App to Bridge Wealth Gap
New Orleans, LA — BEAN Now, the social networking app designed to foster relationships and connect members of the African American community, has launched its free app for iOS and Android. BEAN, or the Black Economic Advancement Network, is a sleek and
Read MoreHow You Feel About Money Impacts Your Spending
Your feelings toward money can influence how you spend it. We all have a personal relationship with money, and it will often show in how we spend it. But our feelings about finance can sometimes lead to negative spending habits
Read MoreMarketers Should Show More Respect for the Black Consumer, According to a Report
The influence of African American consumers is extensive. Driven by their tech affinity, passion for sharing experiences, and powered by their omnichannel thirst for information and recommendations, the nation’s 48 million Black Americans are now just approaching their peak earning
Read MoreReal Estate Investors Benefit as Competition Eases Hard Money Lending Terms
In the wake of the housing crash that shook the U.S. economy in the mid- to late 2000s, real estate investors had few borrowing options as financial institutions severely tightened lending practices. According to Nathan Trunfio, president of Lending for
Read MoreDebt Collectors Target Consumers of Color, People Making Less Than $50k
Under the Trump Administration, a consistent and focused deregulation effort has been underway to turn CFPB into a toothless tiger. It’s almost as if CFPB now stands for Corporate Financial Protection Bureau.
Read MoreWe need to Revitalize the Great 8a Business Development Program
The 8(a) Business Development program was the brainchild of the late, great Parren J. Mitchell while he was the Chair of the House Small Business Committee and his staff – led by NBCC Board Member Anthony W. Robinson.
Read MoreMixtroz Wins Women’s Business Enterprise Council South Rising Star Award
The Rising Star Awards recognize those newer woman-owned companies that evidence a strong growth trajectory, but also have a proven track record of innovation, extraordinary service provision…
Read MoreReform Alternative Business Lending Practices to Protect Small-Business Owners
In my three decades representing parts of New York City in the House of Representatives, expanding economic opportunities for underserved communities was a top priority. That’s why, after I retired from public service, I joined the Board of World Business
Read More500+ Expected in Baltimore for First-Ever Expo to Re-Ignite a New Civil Rights Movement for Black Workers
Maryland Senator Cory McCray, Carmen Berkely, Bill Fletcher, Steven Pitts, UFCW Robin Williams join line-up of speakers, workshops, Apprenticeship Opportunities to Inform, Engage, and Empower Black Workers BALTIMORE — On August 24 and 25, the National Black Workers Center Project
Read MoreCommittee Democrats Call on Facebook to Halt Cryptocurrency Plans
“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook’s digital wallet – storing potentially trillions of dollars without depository insurance– also may become unique
Read MoreCFPB Turns Its Back on Fair Lending Enforcement and Reporting
More than 50 years ago, this nation enacted legal guarantees that fair housing would be available to all Americans. Despite this federal assurance, however, a disturbing and ongoing stream of reports and lawsuits remind us that we are still on
Read MoreMale Nonprofit CEOs Earn More – but Problem Is Deeper Than Gender Pay Gap
Although about three out of every four Americans working for nonprofits are women, men hold a disproportional share of the highest-paid nonprofit jobs.
Read MoreSMALL BIZ PROFILE: Cookiepreneur Megan Mottley
“In the beginning it was just about the fundraising, but people still were inquiring about the cookies,” Mottley said. “And eventually, after getting a huge corporate order, I decided to really consider the business.”
Read MoreState Housing Finance Agencies Boost Hopes for Finding Affordable Homes, Apartments
According to Stockton Williams, executive director of the National Council of State Housing Agencies (NCSHA), in 2017 alone, state HFAs provided $28 billion…
Read MoreOil and Natural Gas Industry is Ripe with High Paying Opportunities for Minorities
We expect that in this workforce of future, African Americans and Latinos will supply almost 40 percent…
Read MoreMeet the ‘Doctor’ Who Helps Black Entrepreneurs Go Viral
Dante Lee is not a medical doctor, but he is known and well-respected as a Revenue Doctor™. That’s because he is a marketing genius…
Read MoreOffshore Exploration Promises Jobs, Affordable Energy
Communities don’t have to be located in energy-producing regions to benefit from the U.S. energy revolution. But it helps. That’s why coastal states have so much to gain…
Read MoreEducation Department Helps Loan Servicers Instead of Borrowers
A newly-released audit report finds fault with how the Department of Education (Department) is managing both its loan funds and its 15 contract student loan servicers.
Read MoreHELP Hearing on Protecting Workers’ Right to Organize
Exploring the strengths and weaknesses in the current state of labor law and identify proposals that hold employers that violate the law accountable, protect collective action, and modernize labor laws
Read MoreJobs Report Shows What ‘African Americans Have to Lose’ Under Trump
William Spriggs, a chief economist at the AFL-CIO and professor in the department of Economics at Howard University said since reaching a low of 6 percent in November…
Read MoreThe “Tax Cuts and Jobs Act” Creates Opportunity Zones to Spur Economic Development
Opportunity Zones have the potential to address many of the country’s most vexing economic problems, notes Tami Bonnell, CEO of EXIT Realty International.
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