NNPA NEWSWIRE — Dr. Linwood Tauheed said the United States could end up with “the worse possible of all worlds” as the US economy struggles to recover from a devastating global pandemic, supply chain problems, absorbing the effects of the Russia-Ukraine conflict and the widespread sanctions imposed against Russia for invading Ukraine. By Barrington M….
By Mark Hedin Small business entrepreneurs in California have new access to billions of dollars’ worth of funding to be offered with an explicit eye toward reaching communities too often shortchanged by the financial sector in the past. At a press conference Sept. 20, the U.S. Treasury Department announced having approved California’s application for $1.18…
Aldon Thomas Stiles | California Black Media New and updated financial support for the state’s community college attendees, including changes to the Cal Grant and expanded aid for new and returning students, has been announced by California Community Colleges Chancellor Dr. Daisy Gonzales. Gonzales told California Black Media (CBM) that she wants college hopefuls to…
Antonio Ray Harvey | California Black Media The California Black Chamber of Commerce Foundation Inc. (CALBCCF) is offering “game-changing opportunities” for mini micro, micro, and small business proprietors of the state at the Economic Business and Roundtable Statewide Summit 2022. Under the theme, “Pitch Your Business,” the summit is scheduled to be held in Sacramento…
A great opportunity for Black banks across the country’ By Angela Swinson Lee/Special to the Trice Edney News Wire from the Washington Informer (TriceEdneyWire.com) – The year 2022 has proven to be a big year for B. Doyle Mitchell Jr., president and CEO of Industrial Bank, based in the nation’s capital. Not only has he…
By Jenny Manrique Close to 15% of job openings that employ immigrant or foreign-born workers in the U.S. are still vacant, while the legal immigration system is in dire straits. From meat packing to home building to STEM professionals to nurses, the post-pandemic economy is reeling from a labor force decimated by restrictive immigration policies,…
CHARLOTTE, N.C., Aug. 30, 2022 /PRNewswire/ — Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help…
Antonio Ray Harvey | California Black Media The National Black Farmers Association is worried that the Inflation Reduction Act of 2022 will roll back debt relief provided Black, indigenous, and other farmers of color in the American Rescue Plan Act of 2021. When President Joe Biden signs the law, which just passed both houses of…
By Seena Gressin Many of us have grown used to the idea that companies constantly collect information about us as we go about our daily lives. It may be information we give up willingly, like a credit card number for a purchase. But it also may be information that we don’t know we’re surrendering, and…
Noel Andersen The growing assertions of nativism and white supremacy in the United States have caused increased restrictions on immigration. These restrictions constitute one of the root causes of the current labor shortage and inflation. Many of the anti-immigrant policies that defined the Trump administration have continued under the Biden administration. According to a recent…
NNPA NEWSWIRE — “Black families, especially those without an employed college graduate, are affected the most by inflation compared with all the other demographics,” said Ellie Walters, the CEO of Findpeoplefaster.com. “Necessities like groceries, accommodation, gas, electricity bills, and phone bills eat up most of their income, leaving them with fewer savings since most of…
Edward Henderson | California Black Media Around 23 million California residents will receive “inflation relief” checks of up to $1,050 soon. The aid is included in the new budget deal reached by state lawmakers and Gov. Gavin Newsom on Sunday, June 26th. “California’s budget addresses the state’s most pressing needs, and prioritizes getting dollars back…
Richardson’s Braymar Wines is distilled by her very own wine distillery Top Drawer Distillery. LOS ANGELES, CA- More and more Black women are venturing into the wine industry. This summer, Marlo Richardson will join the less than 1 percent of black-owned wineries when she launches her California-based winery, Braymar Wines The California mother of two…
Aldon Thomas Stiles and Edward Henderson | California Black Media Diane Lanette Barkum is an in-home care provider and mom of three. She commutes about 40 minutes every workday between the Riverside County cities of Lake Elsinore, where she lives, and Moreno Valley, where her job is. Over the last few months, Barkum says she…
Accomplished corporate diversity expert will lead SVB’s efforts to increase diversity, equity and inclusion in the innovation sector SANTA CLARA, Calif., June 14, 2022 /PRNewswire/ — SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced Tosh Ernest has been named Head of Access to Innovation, SVB’s signature initiative…
By Robert Daniels According to most people, the housing and mortgage industry works on three major assumptions. First, houses appreciate in value, which means housing prices almost always rise. Second, demand outpaces supply, which also drives prices up, as more people are looking than homes are available. This phenomenon creates the bidding wars that drive…
(5/24/22) Washington, D.C. – Investor activists from the Free Enterprise Project (FEP) will present shareholder proposals this week at the annual shareholder meetings of Meta (formerly Facebook), Twitter and Lowe’s, each proposal critical of “Diversity, Equity & Inclusion” (DEI) policies that give preference to individuals based on surface-level characteristics such as race and sex. “It’s…
By Hazel Trice Edney (TriceEdneyWire.com) – When a former client of leading Black real estate broker Donnell Williams was about to get his house refinanced in Wharton, New Jersey, Williams quoted him as asking, “‘Should I have my White friend come over and open up the door for the appraiser?’” Williams, a realtor for 30…
Tanu Henry | California Black Media Since 2017, there has been a 9.8% increase of new small businesses – firms with less than 500 employees — in the United States. Over the past two years alone, over 10 million applications were submitted to start new small businesses across the country, according to the Small Business…
Nationwide (BlackNews.com) — Ever sold yourself short in an interview? Chickened out of asking for that raise? Creeped your Instagram friends with envy — the ones who took the plunge and started their own business? Odds are, you aren’t alone. “Women want to learn how to boss up, they want to show up as leaders,”…
Shareholder Proposals Criticize Diversity Policies That Favor Certain Groups Washington, D.C. – (4/26/22) The Free Enterprise Project (FEP) presented proposals at both the Bank of America and Citigroup annual shareholder meetings, each criticizing “equity” policies that give preference to members of certain racial, ethnic and sexual identity groups over others. “Diversity – including diversity of…
AMAC Betty Reid Soskin served as a full-time National Park Service ranger for only about 11 years, but her retirement at the age of 100 drew a lot of attention, according to the Association of Mature American Citizens [AMAC]. The oldest active ranger worked at the Rosie the Riveter Home Front National Historical Park in…
San Bernardino County, CA. – San Bernardino County Fifth District Supervisor Joe Baca, Jr. is ecstatic to see that TopGolf has opened in San Bernardino County. TopGolf had its grand opening on March 11th, 2022, in the city of Ontario. TopGolf is an outstanding entertainment asset for all ages and its existence will assist in…
By BlackPressUSA More than $100K in scholarship funds available for eligible HBCU upperclassmen—applications now open at TMCF.org CHICAGO — McDonald’s USA and Roland S. Martin, a lifetime member of Alpha Phi Alpha Fraternity, Inc., are awarding more than $100,000 in scholarships to rising juniors and seniors attending Historically Black Colleges & Universities (HBCUs). The effort,…
Edward Henderson | California Black Media Alphonso “Tucky” Blunt, owner of a marijuana product store in Oakland called Blunts and Moore, says his business is located in the same zip code where he was arrested for selling weed illegally in 2004. Now that he is legit in the business – he opened his store in…
