Displaying items by tag: Economics

Convince America's smart young grads to forego law school and med school in favor of a business startup....

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Up until recently women have been starting businesses at a higher rate than men for the last 20 years. The share of new businesses started by women fell last year to its second lowest level in nearly two decades, a sign that the entrepreneurial gender gap widened last year, according to an annual index of startup activity that will be released...

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If you’ve been a New York City resident for some time, you’ve likely noticed how your once empty subway car is still packed with people,…...

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As Baltimore protests over police conduct turned violent Monday, CVS closed a nearby store that was later looted and set on fire. Flames also engulfed an affordable housing center for seniors, owned by the Southern Baptist Church, which was months away from opening.[Related: Social Media, Tech Play Role in Baltimore Riots and Recovery]While...

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Wednesday, 25 March 2015 08:05

Bahamas appoints director for Black market

Linville Johnson is now the director of the African-American Market, Bahamas Minister of Tourism (BMOT) Obie Wilchombe announced last year. Johnson's appointment is a part of the tourism ministry's leadership restructuring, new marketing strategy and commitment to increasing its support and visibility in the African-American market....

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Wednesday, 25 March 2015 08:04

50 Years of Economic Futility

During the 50-year period from 1963 (“I have a dream!”) to 2013, Black people have been on a virtual economic treadmill. Our relative economic position has not changed; our unemployment rate has consi...

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Ten national, regional and local foundations have committed $33.25 million in new funding to continue the work of the New Economy Initiative (NEI). NEI launched in 2008 when ten foundations came together to form a unique $100 million philanthropic initiative to address economic issues in Southeast Michigan.NEI, which is a special project of...

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Thursday, 19 December 2013 08:00

Black women make significant gains as entrepreneurs

A new study from the Center for American Progress, 'The State of Women of Color in the United States,' illustrates the significant gains African-American women have made in the realm of business......

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Overall, Americans are starting to recover from the Great Recession and it is possible many people do not feel the sting of living paycheck......

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In 2015 African Americans yielded $1.1 trillion in spending. But that thirteen-figure power should be used to invest in not only patronizing black-owned businesses but starting black-owned businesses, says Congressman Donald Payne Jr. (D, NJ), who won a special election in 2012 following the death of his father, representative Donald Payne Sr....

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