Economics

Report: Boosting Child Tax Credit would lift poor black children out of poverty

Report: Boosting Child Tax Credit would lift poor black children out of poverty

| August 21, 2015

By Freddie Allen Senior Washington Correspondent WASHINGTON (NNPA)–Reforms proposed to the Child Tax Credit by the Center for American Progress could help to reduce poverty in children younger than three years old in the black community by nearly 22 percent, according to a recent report. The plans to enhance the credit are laid out in […]

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Celebrating the life of Marcus Garvey

Celebrating the life of Marcus Garvey

| August 20, 2015

By James Clingman NNPA Columnist Happy Birthday, Marcus Garvey! This is not a history lesson; it is simply about homage, recognition, and appreciation of a black man who loved his people so much that he sacrificed beyond what most of us would say is reasonable. Marcus Garvey cared so much about his people that he […]

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Reparations battle picks up steam

Reparations battle picks up steam

| August 15, 2015

By Bert Wilkinson Special to the NNPA from the New York Amsterdam News Usually at this time of the year, international legislators and high flyers at umbrella organizations such as the European Union, its Parliament and even the Caribbean Community Secretariat take an extended break from the daily grind of trade negotiations and global conferences […]

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Black unemployment dips to 7-year low

Black unemployment dips to 7-year low

| August 13, 2015

By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA)—The black unemployment rate tumbled to 9.1 percent in July, the lowest rate for black workers in seven years, according to the latest jobs report from the U.S. Labor Department. Even though the black jobless rate has slowly ticked down to 2008 levels, some economists expressed concerns […]

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Today’s aging minorities most impacted by poor finances

Today’s aging minorities most impacted by poor finances

| August 10, 2015

By Shantella Y. Sherman Special to the NNPA from the Afro-American Newspaper Even as the nation commemorates the 50th anniversary of Medicare, Medicaid, the Older Americans Act, and the 80th anniversary of Social Security, issues of race, class, and access remain recalcitrant barriers to elder security. Particularly among blacks, living longer has often meant subsisting […]

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Closing education gap would boost U.S. economy

Closing education gap would boost U.S. economy

| August 3, 2015

By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA)—Men of color would earn $170 billion more a year, if they reached the same education level as white men, according to a new White House report. The report examined “opportunity gaps facing youth of color” and found stunning correlations between the educational and employment success of […]

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Time to throw some political punches

Time to throw some political punches

| June 3, 2015 | Reply

By James Clingman NNPA Columnist For the past 50 years, most of our conversations and efforts have been centered on politics. Reminiscent of the Reconstruction Era, when blacks occupied political office for the first time, many of our politicians are just figureheads, toothless tigers and lackeys for the establishment. Many of them are simply “employed” […]

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Correcting history: Governor Pence no friend of GM Fort Wayne

Correcting history: Governor Pence no friend of GM Fort Wayne

| June 2, 2015 | 1 Reply

By Randy Schmidt Special to Frost Illustrated May 26, 2015, was a big day for Fort Wayne. It was also a big day for the nearly 4,000 members of UAW Local 2209—the folks who made it a wise business decision for General Motors to invest $1.2 billion in upgrades to its truck assembly plant in […]

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‘Credit invisible’ blacks, Latinos

‘Credit invisible’ blacks, Latinos

| June 1, 2015

By Charlene Crowell NNPA Columnist When it comes to consumer finance, traditional lenders usually review credit scores before reaching a decision. In general, the higher a consumer’s credit score is, the lower the cost of credit they will pay. Conversely, the lower one’s credit score, the higher the cost of credit and interest will likely […]

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Black unemployment dips below 10 percent

Black unemployment dips below 10 percent

| May 18, 2015

By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA)–The black unemployment rate fell to single digits (9.6 percent) in April, for the first time since President Barack Obama was elected in 2008. Despite the improvement, the black jobless rate is still double the unemployment rate of white workers, which has remained flat since February at […]

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