Displaying items by tag: Economics

 Mayor Karen Weaver announced that the City of Flint, Michigan has tapped Ascendant Global Consulting (AG) to lead a comprehensive economic development effort that will aid in Flint’s recovery and position the city for long-term economic success. Last month on March 26, Flint City Council voted to approve the agreement.

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The District of Columbia (D.C.) was the first major American city to achieve a black majority.  And yet, gentrification, defined here as the arrival of wealthier residents in an existing urban district and the removal of poorer residents, has significantly altered the city’s racial demographics, character, and c...

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For Chicago-based investor and philanthropist John Rogers, the Rainbow PUSH Coalition’s annual Wall Street Project in New York City is a must-attend event....

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Affluence is no antidote to foreclosure....

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From 2007 to 2012, the percentage of minority-owned firms increased from 22 percent to 29 percent of the total number of U.S. firms.  Hispanic-owned firms increased by 46.3 percent, while black owned businesses were not far behind growing by 36.8 percent.. ......

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Wednesday, 06 January 2016 12:09

Tavis Smiley Releases New 'Covenant' Book

In 2006, Tavis Smiley, along with a team of esteemed contributors, laid out a national plan of action to address the 10 most crucial issues facing African Americans. The Covenant became a #1 New York Times bestseller, and was......

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Tuesday, 01 December 2015 08:00

Black Friday Sales Down More Than $1 Billion

Sales in brick and mortar stores fell from $11.6 billion in 2014 to $10.4 billion in 2015. That's an overall 10 percent decrease in sales, a consequence of both stores offering sales days earlier and online sales that allowed consumers to shop from the comfort of their homes....

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Minority-owned banks are claiming that the federal government has shut them out of tax credits intended to spur economic development in under-served communities. They are referring to last month’s distribution of funds by the Community Development Financial Institutions (CDFI) Fund, an arm of the Treasury Department.CDFI issued $3.5 billion in New...

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Minority Biz has released a new mobile app. In celebration, the Company is offering all black-owned businesses a limited time free business listing subscription.

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Black farmers, with the support of the Florida Black Farmers and Agriculturists Association, aren't giving up but continuing their fight for equality in the medical marijuana industry....

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