The stimulus and its impact on Black housing
by Charlene Muhammad -National Correspondent-Equity rich but cash poor Black households hardest hit by the crippling subprime lending scheme have benefitted less than predatory financial institutions from stimulus dollars meant to help them recover,... »
White House threatens to yank stimulus funds over civil rights
by Ngoc Nguyen New America Media | Feb 4, 2010 - 12:59:17 PMFor the first time since President Obama signed the $787 billion American Recovery and Reinvestment Act a year ago, his administration has threatened to withhold stimulus money from a transit agency because it failed to comply with federal civil rights laws. »
Poorest families find fewer affordable homes
by Matthew Cardinale IPS | Jan 8, 2010 - 1:47:03 PMATLANTA, Ga. - The number of housing units affordable to extremely low-income families in the U.S. has declined over the last year, even as the number of families needing those units has increased, according to a new report by the National Low-Income Housing Coalition. »
Credit Card Issuer Tricks Trap Consumers in Debt
by Charlene Crowell -NNPA Financial Writer- | Dec 28, 2009 - 12:39:51 AMAmidst the holiday hubbub of celebrations, shopping, and other seasonal events, the convenience of credit cards lend themselves to greater usage. These seasonal temptations are in addition to the ongoing needs of many low to moderate income families. »
American Indian unemployment—from bad to worse in recession
by Annette Fuentes -New America Media- | Dec 19, 2009 - 8:55:03 AMAlready grappling with historically high rates of unemployment, American Indians, on and off reservations, are seeing even higher rates due to the country's two-year long economic downturn, according to a new survey. »
Harnessing Black buying power
by La Risa Lynch | Dec 15, 2009 - 11:32:34 AMA social experiment which aims to change how Blacks shop started over a dinner table at a swank downtown restaurant. The Chicago area couple thought of an unconventional solution. For a year, they decided to forgo shopping at the Wal-Marts and Targets of the world and buy all their necessities from quality Black-owned businesses or service providers. »
Report: Foreclosure crisis worse than ever
by Nisa Islam Muhammad -Staff Writer- | Dec 11, 2009 - 6:17:19 PMThe Mortgage Bankers Association (MBA) reported November 19, that a record number of loans—1 in 7—is delinquent, up from 1 in 10 a year ago. The numbers also show that 1 in 22 families in the U.S. is in the process of losing their home, up from 1 in 34 a year ago. »
Etiquette and Networking – The Secret Society of Business
by Cedric Muhammad | Dec 11, 2009 - 7:46:12 AMIn my household my Mother was the ‘CEO' – Chief Etiquette Officer – and my Father was her enforcer. With that foundation or regime (smile), my big Brother and I traveled the world, experiencing multi-course meals in France, and watching my father bargain or negotiate prices with vendors on the streets of New York and Rome. »
Blacks, Browns missing from 'green' jobs
by Haider Rizvi | Dec 1, 2009 - 7:55:02 AMNEW YORK - The Barack Obama administration's drive to promote a “green” economy is not working in the interest of poor people in the United States, especially those who belong to minority communities, according to a new study by a leading think tank. »
FEATURED STORIES
George Fraser: Creating a Culture of Success and Empowerment
George Fraser may not be among the most well known...
The stimulus and its impact on Black housing
Equity rich but cash poor Black households hardest hit by...
White House threatens to yank stimulus funds over civil rights
For the first time since President Obama signed the $787...
Poorest families find fewer affordable homes
ATLANTA, Ga. - The number of housing units affordable to...
Credit Card Issuer Tricks Trap Consumers in Debt
Amidst the holiday hubbub of celebrations, shopping, and other seasonal...
American Indian unemployment—from bad to worse in recession
Already grappling with historically high rates of unemployment, American Indians,...
Harnessing Black buying power
A social experiment which aims to change how Blacks shop...
Report: Foreclosure crisis worse than ever
The Mortgage Bankers Association (MBA) reported November 19, that a...