Top Stories Better than Economics… African American Business 33 Black-Owned Businesses To Shop This Holiday Season (Real Simple) Black Americans need better immigration policy (Post and Courier) – By Andre Barnes who is the HBCU Engagement Director for NumbersUSA. So this is an interesting read with lots of background. NumbersUSA is a conservative organization that … Read more
Economic Roundup for December There were a lot of important economic stories over the past month. Inflation continued to drop. Unemployment stayed low. The Federal Reserve kept interest rates steady. The stock market rebounded. And consumers, who have never been better off, complained about the economy and took it out on Biden. But the biggest … Read more
November 20th to November 26th Top Stories At Lululemon, Being Black Is ‘Off-Brand’ (Business of Fashion) – Yoga apparel brand Lululemon, despite creating a new department to improve internal diversity and inclusion is still showing discrimination towards black people. Fearless Foundation gets funding boost from national diversity group (The Atlanta Journal-Constitution) – The National Minority … Read more
Top Stories Pharrell Williams’ $1 Billion Plan For Black And Hispanic Entrepreneurs (Forbes)- Black Ambition which was founded in 2020 held its third annual Demo Day, which discusses lack of capital for startups among Black and Hispanic communities. Why ‘Buy Black’ for the holidays matters (Bay State Banner)- Spending money in our own black community … Read more
Here are our best picks for the second week in September from the staff at BEBN. We really like our lead article ••• I took my daughter to Daymond John’s Black Entrepreneurs Day. Here’s what we learned. (Entrepreneur Magazine) — This year’s event was highlighted by insightful conversations with Black business icons including Cedric the … Read more
Top Stories Wanted: 20,000 Young Americans to Fight Climate Change (NY Times) — The White House plans to create an “American Climate Corps” that would train thousands of young people for green jobs. Diddy Accused By Diageo Of Working Against Other Black-Owned Businesses (Hot New Hip Hop) The number and share of SBA-backed 7(a) and … Read more
Most Black adults in the U.S. are optimistic about their financial future (Pew Research) How Some MBEs Led Baltimore to Suspend a Prime Contractor (Engineering News) The new International African American Museum opens at a prominent site of the slave trade (WBUR) Historically Black Colleges and Universities Have Affirmative Action Solutions. But They Need Help … Read more
The supreme court struck down the use of race in affirmative action in college admissions at Harvard and the University of North Carolina in a 6-3 vote. It ruled that the use of race by the two universities to promote diversity violated of the equal protection clause, “not permitting any distinctions of law based on … Read more
June 21st to July 18th 2021 Top Stories The pandemic saw a boom in new Black-owned businesses — the largest surge in the last quarter-century (Los Angeles Times) Pandemic Sees Largest Surge In Black-Owned Business In the Last 25 Years (Atlanta Black Star) Black Workers Stopped Making Progress on Pay. Is It Racism? (NY … Read more
Top Stories Job creation is the key to reducing violence and providing critical social services (Philadelphia Tribune) “The economic state of Black America: What is and what could be” (McKinsey). Lots of great points in this study. Black people work disproportionally in low-wage occupations. Also closing the pay gap in 20 specific professions would drastically … Read more