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…
By Larry D. Ivory, President of the National Black Chamber of Commerce Across the United States, there are 2.6 million Black-owned businesses that account for over $138 billion in revenue each year. This innovative and entrepreneurial passion is what has fostered long-term economic prosperity and sustainability in communities from coast to coast. These businesses should…
By: Wil Lewis, Chief, Diversity, Equity and Inclusion Officer at Experian and John Hope Bryant, CEO of Operation HOPE When it comes to achieving financial goals, there shouldn’t be any unknowns. However, the world of credit can be a tricky one to navigate if you don’t have a lot of experience with credit. At Experian,…
Nationwide (BlackNews.com) — Meet Kam Ballard, founder of b.c.e Shoes, an online company that customizes shoes for the sororities and fraternities in the Divine 9. She says that she started the company to offset college costs for her children. She comments, “I started this company as a way to pay for my children’s college education….
LYONS, NEBRASKA – Rural small businesses and other entities with loans through the U.S. Department of Agriculture (USDA) could receive six months of loan forgiveness under legislation being considered by the U.S. House of Representatives. On Monday, the House Agriculture Committee included provisions of the Rural Equal Aid (REA) Act in its proposed Build Back…
Second round of Comcast RISE Investment Fund will award $10,000 grants to 600 additional small businesses in Houston, Miami, Oakland, Seattle, the Twin Cities, and Washington, D.C bringing the total of grants to $11 million. NEW YORK – Sept. 14, 2021 – Comcast announced today a second round of cities to receive grants from the…
