VP Kamala Harris’s economic plans are specific and aimed at the middle class and working people while President Trump takes a broader view focusing on two national issues: immigration and tariffs. Harris on plans offer more for Black workers and the poor. big national issues. Harris has a set of detailed proposals. Trump prefers to … Read more
Top Stories *Supporting Our Own: Why We Must Shop Black-Owned This Holiday Season (Black Star News)- With efforts to shop Black- owned businesses the foundation of generational wealth in the community can strengthen. *Black and Brown Women Get Serious Roles in Business and Boardrooms (The Washington Informer)- The ‘C-Suite’ tour by Stephanie Tavares- Rance was … Read more
One of the few interesting comments from the Biden/Trump debate on June 27th, was about immigrants taking “black Jobs.” Trump later repeated the comment during his interview with a panel at the National Association of Black Journalists (NABJ) convention. Trump is great a turning a complex topic into an emotional sound bite. Let’s just admit … Read more
Today, let’s look at exactly what the Black / White wealth gap is and how is it measured? The Black / White wealth gap comes from the Survey of Consumer Finances (SCF). The survey is conducted every three years, and is the most accurate look into family finance in the US. The results for the … Read more
Labor Day Related Stories or Economic Outlook Labor Day Edition I wish I had a lot of good news on Labor Day, but I don’t. The good news There are a couple of Labor bright spots. On July 31st, the New York State Nurses Association and the NYC Health and Hospitals Corporation reached a settlement. … Read more
Earn Your Leisure is hosting an Investment Festival (Investfest) – The number one black personal finance podcast on Youtube.com is hosting an investment conference in Atlanta on August 25 to 27th. The conference features Robert F. Smith (the richest Black billionaire in the US), Sean Combs, and Steve Harvey. The line-up is amazing, a who’s … Read more
There is no getting around the S&P 500 chart since October 2020. It kind of smacks you in the face. A 20% run up. The S&P Index hit a recent high last week after the US Federal Reserve Bank raised interest rates by a quarter of 1% (25 basis points or 0.25%). The move was … Read more
So we are redesigning the the the the the website with an emphasis on our news letter. We the first page to be easy to use. So we have to reduce the headline graphic. We are thinking of something even smaller for the newsletter but I gotta see if I can fit the money and … Read more
Why didn’t this work ?
Unemployment Rate for Black Women Increases to 6.2% The National Black unemployment rate was 7.1%; the National unemployment rate stood at 3.9%; and non-Farm Payrolls rose by 199,000. Average wages rose 4.5% on an annual basis in December. The Black Unemployment Rate The Black unemployment rate jumped from 6.5% to 7.1% during December, the only … Read more