Economics

America needs a raise

America needs a raise

| September 14, 2014

By Julianne Malveaux NNPA Columnist The Dow Jones Industrial Average has been floating at or above the 17,000 mark in the past two months–an all time high. There has been a stumble here and a wrinkle there, but even with a weak unemployment report for August, the Dow has remained over 17,000. This compares with […]

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Ebola could sink ‘Africa Rising’ dreams

Ebola could sink ‘Africa Rising’ dreams

| August 28, 2014

(GIN)–An airlift of emergency supplies needed for those treating Liberians with the virus Ebola was launched this past weekend by the U.N. children’s fund–known as Unicef. “The largest component of the supplies was chlorine,” for disinfection, said Unicef’s representative in Liberia, Sheldon Yetts. Other supplies in the airlift were oral rehydration salts and sodium lactate […]

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$90 million-plus lost to foreclosure scams

$90 million-plus lost to foreclosure scams

| August 23, 2014

By Charlene Crowell NNPA Columnist Earlier this month, Michigan Attorney General Bill Schuette charged an organization known as Freedom by Faith Ministries with defrauding more than 100 consumers in Southeast Michigan. The alleged crime: foreclosure rescue scams. Unfortunately, the circumstances that led to the Michigan lawsuit represent a continuation of a disturbing trend of profiteers […]

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Boldy back to Africa

Boldy back to Africa

| August 22, 2014

By Brenda Robinson President Barack Obama, as with all U.S. Presidents, has had his share of critics. Some of the criticism was legitimate, some just politically necessary, and some just because he is black. Yet, of all the the things he did wrong, he certainly got some right. His position on the continent of Africa […]

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Who won the War on Poverty?

Who won the War on Poverty?

| August 22, 2014

By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA)–President Ronald Reagan quipped: “In the ’60s we waged a war on poverty, and poverty won.” Did it? This month, 50 years since President Lyndon B. Johnson signed the Economic Opportunity Act, effectively kicking off the War on Poverty, is a good time to answer that question. Today, […]

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Black women-owned businesses up 258 percent

Black women-owned businesses up 258 percent

| August 20, 2014

By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA)–From the rubble of the Great Recession, women business owners are emerging victorious with record growth and economic impact. Even so,  women entrepreneurs still face barriers to success. Today, 30 percent of all American businesses have a woman at the helm. African American women in particular are a […]

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Spotlight on Dominic Moore of Total Life Changes

Spotlight on Dominic Moore of Total Life Changes

| August 20, 2014

By Jeanie Summerville  Whatz up, babies? If I said it once, I’ll say it again, You are so beautiful to me. And, it pleased me so, to see so many of you in attendance at all the various social events that have transpired throughout the summer thus far. Whether it was at Metro Youth Sports […]

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Americans benefit from helping Africans

| August 15, 2014

By LaTrina Antoine Special to the NNPA from the AFRO WASHINGTON  (NNPA)–Increasing United States investment opportunities in Africa could help the economy create more jobs for Americans, according to U.S. officials “Our economic and commercial partnership is a two-way street,” Penny Pritzker, U.S. secretary of commerce, told African leaders at the U.S.-Africa Summit. “Goods and […]

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Taxpayers fund corporate tax avoiders

Taxpayers fund corporate tax avoiders

| August 14, 2014

By Julianne Malveaux NNPA Columnist Last quarter’s rate of economic growth is good news, especially after the economy stalled, losing momentum in the first quarter of 2014. Many said it was an aberration, caused by bad weather, especially since economic growth in the last half of 2013 was more than three percent.  On the surface, […]

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Congressman Al Green’s original Living American Wage Act included in Congresswoman Barbara Lee’s Pathways Out of Poverty Act

Congressman Al Green’s original Living American Wage Act included in Congresswoman Barbara Lee’s Pathways Out of Poverty Act

| August 12, 2014

By Jo-Carolyn Goode Special to the NNPA from the Houston Style MagazineWASHINGTON, D.C.—On July 31, Congressman Al Green’s original Living American Wage Act (LAW) of 2014 was reintroduced as a part of Congresswoman Barbara Lee’s Pathways Out of Poverty Act. Congressman Al Green’s original LAW Act would require the federal minimum wage to be adjusted […]

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