We are absolutely overloaded with great stories this week: PPP, Black fintech, Janelle Jones, Retiring while Black and Black women in Financial Technology. Top Stories Surviving the Pandemic: Black-Owned Businesses and the Paycheck Protection Program (BGA) – Hey, this is some really good real life reporting on four Black businesses in Chicago. They discuss the … Read more
Just a heads up. We have consolidated two weeks of stories into one post. We still read everything !!! Top Stories Connecticut’s Uneven Recovery: Poor people are still suffering from economic downturn brought by COVID (CT Mirror) – Great, long article about all the issue related to covid-19 recovery in Connecticut. Good details. A Call … Read more
Top Stories Guaranteed Income in Jackson Designed By Black Moms for Black Moms, Showing Results for Black Moms (Next City) Evanston, IL becomes the first city to pay reparations for its anti-Black housing policies (Upworthy) Building Wealth While Black: How Atlanta Fueled a Family Fortune (Bloomberg) NY Mayor pushes cannabis revenue as gateway to racial … Read more
Top Stories Black Women Are More Likely to Start a Business than White Men (Harvard Business Review). A lot of statistics regarding type of business, funding, and education. Corporations vowed to fight racism after George Floyd, but many still don’t have a single Black board member (USA Today) Maggie Walker: Why America’s First Black Female … Read more
Top Stories “She-cession” threatens economic recovery (Axios). Fears that the women who left the workforce won’t return and the chances are higher with Black women. Marketers Are Underpaying Black Influencers While Pushing Black Lives Matter (Bloomberg) Hollywood is losing out on $10 billion in revenue every year by underfunding work by Black creators (Business Insider) … Read more
This week we have some interesting research from Ellora Derenoncourt. She studied the great migration of Blacks from the south to the north. Her research discovered that, while Blacks doubled their wages, White backlash against the migrants prevented upward mobility especially for Black men. Top Stories Rolling Up the Welcome Mat at the Door to … Read more
Lately, Adenah Beyoh has been everywhere in the news (AdenahBeyoh.Com). It really proves that real estate is one of the best ways to get rich. Top Stories Lately, Adenah Beyoh has been everywhere in the news (AdenahBeyoh.Com). Bayoh cuts ribbon on IHOP location in downtown Newark (ROI-NJ). Weequahic HS Alum, Business Owner Making Her Mark … Read more
Four states and D.C. had labor force that was more than 30 percent African American in 2020 (Bureau of Labor Statistics) Top Stories Rep. Ayanna Pressley, Black Economists Back Federal Job Guarantee Resolution (NewsOne). Rep. Ayanna Pressley Calls for a Federal Job Guarantee for All Americans (Bloomberg). Creating federal work programs will help combat the … Read more
Top Stories CT-Based Entrepreneur Creates First Black-Owned Cereal During Pandemic (NBC New York). Nic King is the founder of Proud Puffs, a vegan, gluten free, black owned cereal brand. Facebook Launches New Platform to Highlight the Work of Black Creators, and a New Guide for Businesses (Social Media Today) This map shows the last time … Read more
Top Stories Why Are There So Few Black Economists at the Fed? (New York Times) ‘Better Business Bureau meets Consumer Reports’: Black Dollar Index ranks companies by support of Black America (USA Today). Two Biden Priorities, Climate and Inequality, Meet on Black-Owned Farms (New York Times). Black run farms account for 2% of the nation’s … Read more
