By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA)–Researchers studying the effects of public policy on the racial wealth gap estimated that the median wealth of black households would rise 451 percent if blacks owned homes at the same rates as whites. “With policies that advance the rate of black and Latino homeownership to the […]
By Charlene Crowell NNPA Columnist The groundswell for criminal justice reform has become nearly daily headline news. Demonstrations spanning the nation and many parts of the globe have demanded justice for those lives taken by questionable and fatal police behavior. Yet, Black America also suffers from another kind of injustice that is economic in nature […]
By George E. Curry NNPA Columnist The midterm elections are over, the final numbers are in and they don’t look pretty if you’re a progressive. So, I am going to propose something our national African American leaders should have suggested a long time ago: It’s time for us to switch. No, not to the Republican […]
By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA)–The U.S. Black Chambers (USBC) and the National Association of Black Hotel Owners, Operators, and Developers (NABHOOD) are formally partnering to make sure that a significant portion of the $40 billion African Americans spend each year on travel and tourism remains in black hands. The partnership was launched […]
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA)—The growing racial wealth gap—$200 in median wealth for blacks in 2011 and $23,000 for whites—threatens national economic security in the U.S., according to a recent report by the Center for Global Policy Solutions. “When it comes to the racial gap in liquid wealth, African Americans and Latinos […]
Healthcare reform in Massachusetts? Raise the federal minimum wage? Politics has a strange way of making people speak around election time—as does pressure from small but vocal segments of the political landscape. One can’t help but wonder what would have happened in the past presidential election had Mitt Romney not found him self boxed into […]
Madame C.J. Walker (December 23, 1867 – May 25, 1919) was the first female self-made millionaire in America.
Economic development is for naught if an area’s residents are not in a position to patronize the stores, restaurants and entertainment venues available to them.