By Charlene Crowell NNPA Newswire Columnist NNPA NEWSWIRE — “Black families are underserved and overcharged by institutions that can provide the best channels for saving,” states the McKinsey Global Institute (MGI) report, The economic impact of closing the racial wealth gap. “For instance, banks in predominantly black neighborhoods require higher minimum balances ($871) than banks…
STARKART, the largest grocery cart advertising company in the U.S. and Canada, recently teamed up with the NALA’s Reputation and Directory Management (RDM) product to bring the best of traditional and digital together for local businesses. The NALA’s RDM platform is specifically designed for the marketing needs of small and medium-sized local businesses nationwide. The…
Rep. Edolphus Towns is a board member of World Business Lenders. He represented the 10th and 11th congressional districts in New York from 1983-2013. By Rep. Edolphus Towns 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,…
By Mark Herbert Alma Beltran owns a successful small business, but that doesn’t mean she can afford healthcare for herself and her family. In fact, the Chula Vista entrepreneur who is president of Graphic Image Label, Inc., is facing a hard choice between the health of her loved ones and the health of her business….
HESPERIA – Assemblyman Jay Obernolte (R-Hesperia) honored 7K CrossFit in Big Bear Lake as Outstanding Small Business of the Month. 7K CrossFit was started by two Big Bear Valley residents, Pat Burton and Andy Meadors, who are avid CrossFit certified coaches and athletes. Their partnership began with a vision to provide a fitness center for…
Authorities says Kent Taylor, who resigned from the Lennox District in April amid questions about his management, died by suicide By Mike Kennedy The former superintendent of an elementary district in the Los Angeles area has been found dead in his home two months after stepping down amid questions over his management. The Los Angeles…
Hicks tells lawmakers: Black-White ‘economic divide’ was created by U. S. Government By Hazel Trice Edney (TriceEdneyWire.com) – The rate of Black homeownership in America – now at 41.1 percent, according to 2019 U. S. Census numbers – is even lower than it was when the U. S. Fair Housing Act was signed into law…
NNPA Newswire WASHINGTON – This week, the House Financial Services Committee, held a markup of five bills and two resolutions to promote responsible innovation through financial technology, crack down on money laundering and illicit finance, protect small businesses and investors, and uphold consumer protections. See the legislation below. HR 1988, the Protect Affordable Mortgages for…
By Cassidy Sparks Are you natural or in the process of transitioning but are struggling to find products for your hair? Aisha Shannon Bates, the founder of Coil Beauty has a solution for you. Coil Beauty is an online retail community created by and for women of color to make their shopping experience fun and…
Nationwide — Success isn’t always about how much money you have. Sometimes, investing some of that money into a business or cause you believe in is even more rewarding than keeping your wealth to yourself. These four top Black investors achieved success in their respective industries – but they didn’t stop there. They used their…
Roughly a quarter of patients overdue for screening mailed the completed kits back within two months. Penn News Service PHILADELPHIA – Colorectal cancer is the second deadliest cancer in the United States, and just six out of 10 adults in the age range recommended for routine screening—50 to 75—reported having it done in 2015. When…
Most people planning for retirement probably would prefer some predictability as they plot out their post-work futures, but financial professionals say the reality they face is that uncertainty surrounds the stock market, tax rates and the future of Social Security. And even one of the most popular retirement-savings tools – the Individual Retirement Accounts (IRA)…
By Lerae Funderburg Have you ever wondered if you need to have a federally registered trademark to protect your brand? If you are a business owner or a brand, more than likely you do. A trademark is a word, phrase, symbol or design, or a combination of words, phrases, symbols or designs that identify and…
Ten Middle School Age Children Are Eligible to Win $1,000! BOSTON, April 8, 2019 /PRNewswire/ — For National Financial Literacy Month, OneUnited Bank, the nation’s largest black-owned bank, is proud to announce its 9th Annual “I Got Bank!” Financial Literacy Contest where ten children will win a $1,000 savings account. The contest represents the best…
By Sentinel News Service There has been a decline in African-American men transitioning successfully into and through college.? As part of its commitment to the advancement and strengthening of the communities it serves, Kinecta Federal Credit Union hosted Defying the Odds Black History Event to shed light on the history of the struggles and successes…
Instagram, Facebook and YouTube platform failures position underdog CJC Live for takeoff Los Angeles, CA (BlackNews.com) — The contemporaneous malfunctioning of three social media giants on March 13, 2019 left business & common users alike with deep concern about the risk of significant reliance on these “no-cost” platforms. The massive glitches came without warning…
Nominate A Small Business Every June, the California State Assembly honors small businesses from across the state for their contributions to the community. In celebration of California Small Business Day this June, I am asking for your help to nominate deserving small businesses for the 2019 Distinguished Small Business of the Year Award. Nominees must …
Strong job and population growth is rapidly driving the Inland Empire to the top of the list for workforce housing investment. By Kelsi Maree Borland The Inland Empire is rapidly rising to the top of the target market list for workforce housing investment. The region has seen substantial job and population growth, and workforce housing…
By Jasmine Ferguson When looking for a bank to entrust with your money, it is important to do your research. There are many factors to take into consideration when choosing a bank, such as interest rates, location and convenience, amount of minority borrowers and monthly fees. Historically Black-owned banks have been the pillar of the…
MIAMI, Florida – At its recent Mid-Winter Conference in Miami, FL, the National Association of Real Estate Brokers (NAREB) signed a groundbreaking Memorandum of Understanding (MOU) with United Security Financial (USF), a minority-owned mortgage company headquartered in Salt Lake City, Utah to make down payment assistance more broadly available to Black American home buyers. The…
By: Michael Vallante, U.S. Small Business Administration Region IX Administrator During the State of the Union, President Trump highlighted the bold changes to trade policies and tax reform that he is making in order to fight for American workers and businesses that will expand prosperity. This reform is working. Based out of Chino, Thin Metal…
By Nicholas Sakelaris Jan. 28 (UPI) — The government shutdown that lasted for more than a month cost the U.S. economy $3 billion, the Congressional Budget Office said in an analysis Monday. The overall economy lost $11 billion while the government was shut down between Dec. 22 and Friday, but much of that money will…
Zandra Cunningham brings her award-winning artisan skincare product line to Target Stores nationwide. Her exclusive product with the chain is a “Treat Yo Self” gift box that celebrates Black History month.
By Charlene Crowell As 2019 begins, there is also a new Congress with leadership in the House of Representatives that makes history for people of color and women alike. Long-time California Representative Nancy Pelosi returns as Speaker of the House – the first time in 50 years that a Member of Congress has achieved this…
Unique membership-based online resource to showcase and connect brands with diverse creative vendors NEW YORK, Jan. 8, 2019 /PRNewswire/ — TBWA\Worldwide today announced the launch of OneSandbox, a curated search platform built to showcase diverse makers and vendors in the creative space, and connect them with brands and agencies looking to develop a more inclusive…
