Economic Equity
CFPB Makes Move to Support Payday Lenders During Black History Month
The federal agency with a designated mission to provide consumer financial protection took an about-face to protect predatory lenders instead of consumers on February 6…
Read MoreEntrepreneurs Create a Company That Provides Ultimate Convenience Traveling With Young Children
Enjoy the luxury of not having to pack an over-stuffed diaper bag or worry about leaving an essential child care item at home.
Read MoreHBCU Grad Turned Multi-Million Dollar Real Estate Investor Launches New Online Course
Will Moss is based in Columbus, Ohio, but he is known across the country as a real estate boss. He owns a multi-million dollar real estate portfolio…
Read MoreEight Apps to Get Your Budget Right
Managing (and saving) money can seem like the ultimate chore. With each paycheck, we promise ourselves to get our finances in order, pay down debt and not make any of the bad spending decisions…
Read MoreIN MEMORIAM: Black Business Advocate Aubry L. Stone Remembered
He fought tirelessly to secure economic opportunities for African Americans throughout the state and beyond and now, after a long battle with cancer, he’s at rest.
Read MoreSupreme Court Hears Important Civil Forfeiture Case
An analysis by the Southern Poverty Law Center found that while federal forfeitures totaled $93.7 million in 1986, this revenue grew by more than 4,600 percent – to $4.5 billion a year – by 2014.
Read MoreHow To Tackle Trust Issues In Your Family Business
60 percent of family wealth disappears because of a lack of communication and trust among family members, and this can be especially true when the person who built a thriving family business retires or passes away.
Read MoreCapital Access is the Key to our Economy
Fortunately, we have discovered one of the best explanations on what it is and how to take advantage of it. We want to share this valuable explanation.
Read MoreWhat if Black Professional Athletes Respected Black Economic Empowerment?
Oh, what a wonderful world this would be for Black communities throughout our nation. We, as a people, have over $1.3 trillion (T) in annual spending. However, our Black-owned businesses account for over $183 billion.
Read MoreThree Tips For Finding Your Career Passion And Running With It
Abby Sutton didn’t know it yet, but her career plans were fated to veer off in a new direction the moment she signed up for a college class in Russian fairy tales. Sutton is now an account strategist for Google.
Read MoreHandful of Billionaire Families Grab Nation’s Wealth for Themselves, New Report Details How
“Because of changes in tax law and aggressive use of trusts and tax dodges, we are now witnessing a resurgence of dynastic inherited wealth,” Collins of IPS observed in an op-ed for Common Dreams on Tuesday.
Read MoreThe State of Lending in Communities of Color
New research that measures how well banks serve communities found that America’s access to banking expanded from 2015 to 2017 – except when it comes to more than 53 million Black and Latinix consumers or others with low incomes or less education.
Read MoreNew Book Revealing the Secrets of Successful Entrepreneurship
Curtis said: “I’m here to share the strategies to take action to create a thriving business that will provide lifestyle and financial independence.”
Read MorePublic Service Loan Forgiveness Program Fails to Forgive
As of June 2018, more than 1.2 million student loan borrowers requested to be certified, with 890,000 ultimately certified eligible. 28,000 applied for loan forgiveness, thinking that they had met the 10- year payment and employment requirements.
Read MoreTips For Overcoming ‘Hidden Growth Killers’ That Harm Your Business
A key part of any CEO’s or entrepreneur’s role is to make the “right” decisions, and then ensure they are enacted to advance the business. Yet their decisions and actions often miss the mark, frustrating the achievement of their aspirations.
Read MoreThis Web Site Keeps Black Entrepreneurs Empowered and Inspired Like Never Before!
When Dante Lee, a 37-year old veteran entrepreneur, launched BlackBusiness.org a few years ago, his goal was simple. He wanted to create a blog that would inspire Black entrepreneurs with relevant news, success stories, and valuable resources.
Read MorePharmacy Program Offers Career Insights to Underrepresented Minorities
Designed to engage underrepresented minority (URM) high school students interested in science/ technology/ engineering/ math or healthcare careers, PharmDamentals featured a panel discussion and question-and-answer session with three MUSC pharmacy alumni…
Read MoreHow Black Couples Are Stopping The Money Argument
Serena Williams is shedding light on a topic few know anything about. It is a form of domestic abuse called financial abuse. Reports indicate 99% of domestic abuse cases involve some sort of financial abuse.
Read MoreExperts Say Legacy of Discriminatory Policies and Practices Fuel Racial Disparities In Home Ownership Rates
The study says Federal regulators have reinforced the negative impacts of decades of discrimination “through inadequate enforcement of anti-discrimination laws…
Read MoreSan Francisco Falsely Accuses African American Real Estate Investor, Charges Her $2.5 Million
The question remains: What is Kihagi’s crime? Enforcing contractual agreements with white tenants is no crime, yet tenants have lied, slandered, and waged a campaign of harassment…
Read MoreModern Slavery – Horrific Convict-Leasing System Exposes Dark Truths about American History
Over a four year period, up to a thousand Texas convicts were leased to private contractors to quarry granite for the Texas state capital building in Austin. Time will tell if there are more bodies to be unearthed and discovered, with stories that need to be told.
Read MoreConvict Leasing – Exploiting a Loophole in the 13th Amendment’s Allowance of Slavery “as a Punishment for Crime”
Prisoners in 17 states and several Canadian provinces are on strike in protest of prison labor conditions. Their demonstrations are compelling Americans to understand that some everyday foods are produced behind bars, for cents on the hour…
Read MoreJay Z, Beyoncé Awarding $1m in Scholarships to ‘Exceptional’ High School Students
Hip-hop superstar Jay Z and his wife, Beyoncé, have announced a new scholarship program that will award 10 scholarships worth $100,000 each to “exceptional” high school seniors who demonstrate financial needs.
Read MorePresident Trump’s Rhetoric on NAFTA Doesn’t Make Sense for American Workers
I suppose that I look at it this way. If the neighborhood bully regularly assaults me and then one day comes to me and says that “we” should join together against some people on another block, why would I believe them?
Read MoreDemanding Wide-Reaching Reforms and an End to Slavery, Inmates in 17 States Plan Prison Strike
A spokesperson for the strike called on Americans to support the protest, noting that inmates produce many of the products people use every day in the outside world—including Starbucks packaging, state license plates, and furniture.
Read MoreToyota’s New John W. Mack Scholarship Fund With the National Urban League Automaker Celebrates Its 27-Year Partnership
Toyota returned this year as a title sponsor of the National Urban League (NUL) Annual Conference held August 1-4, 2018, at the Greater Columbus Convention Center in Columbus, OH.
Read MoreTop 11 Black-to-School Scholarships For African American Students in 2018/ 2019
All students typically need some form of financial aid, but African American students have always had more of a need especially when they are coming from low income and underprivileged areas.
Read MoreCity of Boston Appoints First Ever Black Police Commissioner
Gross is a proven leader who is trusted and respected in the community and by his colleagues in the Boston Police Department,” said Mayor Walsh. “I am proud to appoint him as the first African American Police Commissioner for the City of Boston.
Read MoreThe First Black-Owned Vocational Training School in the Country Will be Auctioned Off
Professor Dillon appealed to the local board to buy a machine, and to make cement blocks. After securing the machine he implored black people in the area to supply labor. They made 40,000 cement blocks…
Read MoreDisabled Black Plumber Releases Memoir About Discrimination That He Faced for Hiring Minorities
Buffalo, NY — Sherman Turner’s gripping memoir, Unforgettable ‘Memoir’: God Remember Me, describes his experience as an African American plumber who faced discrimination for hiring minorities. Upset by Turner’s actions, the white contractor he worked with retaliated by making several death threats
Read MoreEthiopia’s Prime Minister Abiy Ahmed Makes Historic Visit to the U.S. to Build Economic and Cultural Bridges
The crowd listened quietly as Abiy said that Ethiopia has always been a beacon of freedom and pride for Africa historically and when nearly all of Africa suffered under colonialism.
Read MoreBlack Entrepreneur Launches “Millionaire Mentorship Show” Podcast That Changes Lives
Can you imagine having access to a millionaire with experience, resources, and a heart of gold? Well, now you have, through Dr. Herbert Harris, the accessible Millionaire Mentor.
Read MoreNative Detroiter Cedric Stokes Has Strong Ties to the Detroit Community
For the third consecutive year, more than 500 GM employees invested their time and talent during “teamGM Cares’ Grow Cody Week” to help make the Cody Rouge neighborhood a great place to live, work and play.
Read MoreRegister Now: Voters Rights and Election Protection Training
On Thursday, August 9, 2018, the NC NAACP will conduct a Voters Rights and Election Protection Training from the North Carolina Central University School of Law in Durham.
Read More‘Major Victory’: Federal Judge Issues Game-Changing Ruling on Dark Money
“Major donors are now on notice that if they contribute to politically active 501(c)(4) organizations, their contributions will have to be disclosed,” he said, “and if they are not, CREW will pursue enforcement cases with the FEC and, if necessary, in court.”
Read MoreThis Family Owns the First Ever Black-Owned Furniture Brokerage
Texas Wholesale Furniture Co., based in Houston, Texas, is owned and operated by Prairie View A&M Alum, husband and wife team, Brandon and Naima Townsend. Their company works with 200 manufacturers nationwide
Read MoreAn African American Woman’s Journey From the Cotton Fields of Mississippi to Becoming a Millionaire
The Road from Money, The Journey to Find Why by Sylvester Boyd Jr. is based on true stories told to him by several family members raised in Money, Mississippi from 1925 to 1937.
Read MoreVivint’s “White only” Cardboard Fort Casts Racist Shadow over the Rooftop Solar Industry
Julianne Malveaux says that the allegations of racial discrimination and harassment involving Vivint Solar seem inconsistent with the Solar Energy Industry Association’s stated values.
Read MoreHoward University President Wayne A.I. Frederick Encourages Young People Living with Sickle Cell Disease
Howard University President Dr. Wayne A.I. Frederick says that sickle cell disease is not a death sentence. People living with SCD can still play sports, go to school, have careers and live productive lives.
Read More109th NAACP Convention Closes with Call to Vote, Importance of Millennial Engagement
During the group’s annual convention, Derrick Johnson, the president and CEO of the NAACP, says that the only way to counter the new levels of racism associated with the Trump presidency is to vote. (NAACP)
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The Right-Wing Firestorm That Rages On – Documentary Reveals How the Right-Wing Attack
Had ACORN still been around in 2016, it might have prevented a real threat to democracy. ACORN had developed a finely honed grassroots approach to registering voters and getting them to the polls.
Read MoreUS the ‘Worst Place in the World’ to Give Birth: USA Today Investigation
The findings, based on interviews with women and a trove of internal hospital records, “reveal a stunning lack of attention to safety recommendations and widespread failure to protect new mothers.” Such failures often stem from inadequate or delayed responses…
Read MoreScarred and Battle Tested From Heart Disease, But Still Fighting
She’s flatlined four times, and suffered from congestive heart failure. She’s experienced more heart issues than generations of a family. But I am happy to share with you that she is still with us. This is my story, and WomenHeart has been a lifeline for me.
Read More‘Greedy Wall Street Vulture Funds’ Profiting From Misery, Warren and Sanders Introduce Bill to Cancel Puerto Rico’s Debt
The new bill—officially titled the U.S. Territorial Relief Act of 2018 (pdf)—has been endorsed by dozens of advocacy groups, including LatinoJustice, Amor Para Puerto Rico, National Low Income Housing Coalition, Alliance for Puerto Rico-Massachusetts, CREDO, and Grassroots Global Justice.
Read MoreReport Finds Flint Water Crisis May Have Killed 119—Nearly 10 Times Official Death Toll
While the case against Lyon focuses in part on the death of two Michigan men, as “FRONTLINE” noted, “Flood recently introduced a stack of death certificates showing that deaths from pneumonia in Flint skyrocketed in the months after the city switched its water source.
Read More“You Can’t Eat GDP”: Most Workers Are Struggling as Media Tout Economic Growth
Any administration would tout a strong GDP report like today’s, but if it’s not reaching workers’ paychecks, which it isn’t, then cease the applause and get to work on policy to reconnect growth to much more broadly-share prosperity
Read MoreWe Need a Public Option for Prescription Drugs – Her Message Is Resonating
There is no good reason or justification for continuing with business as usual. We’re calling for a public drug company that allows us to keep life-saving technologies developed with our dollars in the public domain—and get them into the hands of everyone who needs them.
Read MoreSan Francisco Police Called on Man for Doing Business While Black
He had to show the police his store key and ID just to prove that it was actually his business. He also told the police that he was talking with the security agency on the phone that time. The following days, Gourmonade would sell out of stock.
Read MoreWhy the War on Poverty in the Us Isn’t Over, in Four Charts
One perspective identifies certain categories of poor as more deserving of assistance because they are victims of circumstance. These include children, widows, the disabled and workers who have lost a job. Other individuals who are perceived to have made bad choices…
Read MoreAmerica Is in the Middle of a Battle Over the Meaning of Words Like ‘Diversity’
We see more rhetorical battles over the meanings of key terms during moments of transition and upheaval. The instability in our understanding of the meaning of “diversity” reflects the nation’s actual instability.
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