Business & Money Falling Black homeownership remains a problem
Blacks are in the throes of a homeownership crisis, even in the midst of a robust economy with strong employment rates and steadily increasing pensions, according to the 2019 edition of the State of Housing in Black America report.
Updated Oct 24, 2019 - 12:57:48 PM
Business & Money Student debt disrupts chances, widens racial wealth
Twenty years after starting college, the median debt of White students who took out loans has been reduced by 94 percent—with almost half holding no student debt—compared to Black student loan borrowers at the median who still owe 95 percent of their cumulative borrowing total.
Updated Oct 15, 2019 - 8:41:19 PM
Business & Money Nothing Beats Buying Black!
ATLANTA—“We Buy Black,” a thriving movement that markets Black-owned businesses, recently hosted its 2nd annual convention at the Georgia International Convention Center in Atlanta, Georgia.
Updated Sep 19, 2019 - 1:07:27 PM
Business & Money Cooperative economics at work in Peoria, Illinois
Creating opportunities in a community where little is recognized by some residents and casual observers, organizations like the Black-owned-and-operated Minority Business Development Center and the Black Business Alliance of Peoria offers economic solutions to underserved neighborhoods.
Updated Jul 23, 2019 - 9:39:43 AM
Business & Money Big banks leaving poor neighborhoods
Big banks are leaving poor neighborhoods for more affluent ones, according to a report by Bloomberg News, and JP Morgan Chase bank is leading the way. They are forgoing branches for ATMs and online banking.
Updated Mar 22, 2019 - 3:13:06 PM