Business & Money

New Black business app is on the scene

by Toure Muhammad -Contributing Writer-

Are you looking for Blackowned businesses to buy from in your neighborhood or when traveling across the United States? Well, there’s an app for that.... »

Federal Minimum Wage Slightly Rises In 14 U.S. States

by PressTV.com | Jan 13, 2016 - 9:57:57 AM

Fourteen U.S. states and several cities have decided to marginally increase the federal minimum wage of $7.25 an hour after six years passed without any increase. »

Community redirects spending to support Black-owned business

by Rhodesia Muhammad -Contributing Writer- | Jan 10, 2016 - 11:38:25 AM

WAXAHACHIE, Texas— Muslims of the Waxahachie Study Group of the Nation of Islam redirected customers of two Korean-owned beauty supply stores to spend their Black dollars at a nearby Black-owned beauty supply store as a way of redistributing the pain, a methodology Dr. Martin Luther King, Jr. Made known in 1968. »

'The Film Black Friday' Stresses Strengthening Black Economics

by Jehron Muhammad -Contributing Writer- | Dec 11, 2015 - 5:02:50 PM

CHICAGO - A packed audience at Philadelphia’s International House was treated to a free screening of the recently released documentary “The Film Black Friday.” “Black Friday is a solution-based film that deals with how Blacks deal with money, and the importance of “Black folks leaving a financial legacy.” »

Russell Simmons Speaks Out On Rushcard Glitch

by Stacy M. Brown | Nov 11, 2015 - 7:31:07 AM

Russell Simmons hasn’t slept much since news broke in mid-October that users of his RushCard couldn’t access their own money and were locked out of their accounts, due to a computer glitch. »

Wealthiest 1 percent own 'half of all household wealth'—report

by RT.com | Oct 21, 2015 - 1:53:29 PM

Worldwide wealth inequality keeps growing, with the richest 1 percent of the global population accounting for “half of all assets in the world,” according to a new report. Meanwhile, the poorest half has just 1 percent of its wealth at its disposal. »

Collecting $200 million from the debt collectors

by Charlene Crowell - Guest Columnist- | Oct 5, 2015 - 5:06:21 PM

At one time or another, many consumers have fallen behind on paying their bills. For the working poor, unemployed and underemployed, the struggle to get out of debt can be a daily challenge. »

Dark money in politics threatens Black interests

by Freddie Allen NNPA Senior Washington Correspondent | Sep 23, 2015 - 9:23:05 AM

WASHINGTON (NNPA)—The explosion of “dark money” spent in the political system in the United States threatens racial equity in the United States making it harder for Blacks and other minorities to gain a foothold in the middle class and fully participate in the democracy, according to a recent report by Demos, a public policy group. »

The time is ripe for economic justice - #BoycottChristmas

by Charlene Muhammad -National Correspondent- | Sep 17, 2015 - 9:49:45 AM

In his call for 'Justice Or Else,' the 20th Anniversary gathering of the Million Man March on October 10, in Washington, D.C., the Honorable Minister Louis Farrakhan also called for a boycott of Christmas. »

Debt collection report captures horror stories

by Nisa Islam Muhammad -Staff Writer- | May 29, 2015 - 9:37:36 AM

A new report by the Center for Responsible Lending has revealed what many consumers have known for years. Debt collectors often cross the line with abusive behaviors. »

Supporting our own and circulating the Black dollar

by Rhodesia Muhammad | Apr 21, 2015 - 10:02:06 AM

NEW ORLEANS - On a recent Saturday, organizers and over a dozen participants met at the Black-owned Half Shell Restaurant at 9 a.m. for a bus tour to explore Black businesses in the city. »

Will new student loan debt program really help?

by Nisa Islam Muhammad -Staff Writer- | Apr 1, 2015 - 11:33:53 AM

WASHINGTON - As parents and college seniors prepare for graduation and life after college, student loan debt is quite likely on their list of concerns. And it should be. Student loan debt has surpassed credit card debt and risen to the number two debt Americans have behind a mortgage. »

Regulators approve tougher rules for Internet providers

by Anne Flaherty Associated Press | Mar 3, 2015 - 9:32:39 PM

WASHINGTON - Internet activists declared victory over the nation’s big cable companies February 26, after the Federal Communications Commission voted to impose the toughest rules yet on broadband providers like Comcast, Verizon and AT&T to prevent them from creating paid fast lanes and slowing or blocking web traffic. »

Major bank charged with housing discrimination

by Nisa Islam Muhammad -Staff Writer- | Feb 18, 2015 - 9:47:50 PM

Thought housing discrimination was a thing of the past? Think again. The Fair Housing Justice Center and nine Black, Hispanic, South Asian and White testers have filed a federal lawsuit charging the M&T Bank Corporation “discriminates in its mortgage lending practices on the basis of race and national origin. »

Poor communities lose billions to predatory lenders

by Freddie Allen | Feb 3, 2015 - 3:09:15 PM

WASHINGTON (NNPA) - Predatory lenders continue to target poor, Black and Latino communities, siphoning off $103 billion in fees and interests every year, and the rest of us are paying for it, according to a recent report by United for a Fair Economy. »

FEATURED STORIES

Black Dollars, Black Power

Black people pooling economic resources is not an unrealistic fantasy...

George Fraser: Creating a Culture of Success and Empowerment

George Fraser may not be among the most well known...

New Black business app is on the scene

Are you looking for Blackowned businesses to buy from in...

Federal Minimum Wage Slightly Rises In 14 U.S. States

Fourteen U.S. states and several cities have decided to marginally...

Community redirects spending to support Black-owned business

WAXAHACHIE, Texas— Muslims of the Waxahachie Study Group of the...

'The Film Black Friday' Stresses Strengthening Black Economics

CHICAGO - A packed audience at Philadelphia’s International House was...

Russell Simmons Speaks Out On Rushcard Glitch

Russell Simmons hasn’t slept much since news broke in mid-October...

Wealthiest 1 percent own 'half of all household wealth'—report

Worldwide wealth inequality keeps growing, with the richest 1 percent...

Collecting $200 million from the debt collectors

At one time or another, many consumers have fallen behind...

Dark money in politics threatens Black interests

WASHINGTON (NNPA)—The explosion of “dark money” spent in the political...

The time is ripe for economic justice - #BoycottChristmas

In his call for 'Justice Or Else,' the 20th Anniversary...

Debt collection report captures horror stories

A new report by the Center for Responsible Lending has...

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