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

Rocket 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

Wealth 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

Minority-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

The 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

2022 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

Meet 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

PGA 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,

Black 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

Black 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

Tina 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,

American 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

Black 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 …

Mack 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

Podcast 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

New 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

HBCU 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

New 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

Competitive 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.

Nielsen’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

Small 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.

Common 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

Partnership 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

Minority 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

Many 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…

NNPA 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

The 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

How 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

“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

Black 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

How 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

Marketers 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

Real 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

Debt 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.

We 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.

Mixtroz 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…

Reform 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

500+ 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

Committee 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

Economic Equity

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