Business & Money

More Proof Economic Discrimination Exists And Persists

by Nisa Islam Muhammad -Staff Writer-

Contrary to the widespread beliefs that Blacks have “made it” and have overcome economic discrimination, recent data from three studies show those beliefs are wrong.... »

‘We Have Wealth, We’re Not Pooling Our Resources’

by Charlene Muhammad -National Correspondent- | Sep 28, 2017 - 1:15:04 PM

An ever-accelerating racial wealth gap has Black families on track to see their median wealth hit zero in this lifetime, making it difficult or impossible to transfer wealth to the next generation, according to a new report. »

Africa Among Top 10 Fastest Growing Markets For Air Travel

by GIN | Jun 28, 2017 - 2:47:43 PM

(GIN)—Airline industry and ministry officials attending Aviation Festival Africa and Airports Show Africa heard some good news and some not so good news. »

Housing Out Of Reach For Many In The U.S.

by Charlene Muhammad -National Correspondent- | Jun 20, 2017 - 3:37:29 PM

Sheronna Ragin-Winters knows first hand what researchers found during a new study: housing in America is out of reach due to high rental costs and low wages. »

Black business group, Black banks making Black history with economic justice

by Hazel Trice Edney | Feb 27, 2017 - 12:04:41 PM

It is the number one reason that Black-owned businesses fail: Simply put—not enough money and not enough places to get it. »

From banks to beauty products, the #BuyBlack movement is real

by Stacy M. Brown -NNPA Newswire- | Dec 14, 2016 - 12:40:05 PM

As the holiday season moves into full swing, the #BuyBlack campaign has led many to imagine what would happen if African Americans— the largest consumer group of color in the United States with an estimated $1.2 trillion in spending power— routinely demonstrated allegiance to the 2.6 million Black-owned businesses that exist in America. »

Will victims in bank scandal get their day in court?

by Nisa Islam Muhammad -Staff Writer- | Dec 14, 2016 - 11:45:56 AM

Victims of the Wells Fargo banking scandal will get justice and have their day in court if new legislation introduced earlier this month passes. »

Christians, Muslims unite on economic venture in Atlanta

by Kenetta Muhammad And Karriemmah Muhammad | Aug 26, 2016 - 1:41:38 PM

ATLANTA—The Atlanta Local Organizing Committee (LOC) and 10,000 Fearless Men and Women Headquarters of the South established a combined economic development venture in Atlanta called Blue Seas Express & Catering. »

Can We Rebuild Black Wall Street?

by James Clingman -Guest Columnist- | Aug 26, 2016 - 1:20:41 PM

Black Wall Street was burned to the ground in 1921 by a White mob. The Greenwood District, located in the northern section of Tulsa, Oklahoma, was once called “Negro Wall Street,” and “Little Africa.” It was home to hundreds of Black owned businesses and sat on valuable land desired by White oil speculators. »

A Never Ending Wealth Gap Between Blacks And Whites In America?

by Michael Z. Muhammad -Contributing Writer- | Aug 18, 2016 - 2:31:38 PM

Echoing past dire economic reports, a new study looks at the country’s racial wealth gap and its bone chilling ramifications. While other studies brought a heightened awareness of income inequality, wealth inequality offers a clearer picture and the outlook for Black America’s future looks darker unless there is serious change. »

Income Study Outlines Wage Gap Between Male, Female Physicians

by Nisa Islam Muhammad -Staff Writer- | Aug 5, 2016 - 12:16:54 PM

If you thought the wage gap between men and women, Whites and Blacks was just in middle to lower income jobs think again. »

#Bank Black Initiative Gains Nationwide Momentum

by Nisa Islam Muhammad -Staff Writer- | Jul 26, 2016 - 2:46:40 PM

While many question the efficacy of street protests against police brutality, the Bank Black movement has taken the country by storm. Black folks around the country are showing just how much their ‘Black Lives Matter’ by not only boycotting stores like Target and Coca Cola products but also moving their money. »

Black women-owned firms grew in 2012, but sales didn’t

by Northstar News Today | May 11, 2016 - 9:58:51 AM

The number of businesses owned by Black women grew dramatically from 2007—the beginning of the Great Recession—through 2012, when it ended. »

Historic Black-owned bank saved from closure

by Glenn Reedus Chicago Crusader | May 11, 2016 - 9:57:03 AM

CHICAGO—The old adage of “Buy Black’ is taking on a cousin slogan according to the new owners of the Illinois Service Federal Savings and Loan (ISF Bank). The saying, Kweku Nduom said, “it’s time to Bank Black.” »

New Black business app is on the scene

by Toure Muhammad -Contributing Writer- | Apr 13, 2016 - 10:13:33 AM

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. »

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

More Proof Economic Discrimination Exists And Persists

Contrary to the widespread beliefs that Blacks have “made it”...

‘We Have Wealth, We’re Not Pooling Our Resources’

An ever-accelerating racial wealth gap has Black families on track...

Africa Among Top 10 Fastest Growing Markets For Air Travel

(GIN)—Airline industry and ministry officials attending Aviation Festival Africa and...

Housing Out Of Reach For Many In The U.S.

Sheronna Ragin-Winters knows first hand what researchers found during a...

Black business group, Black banks making Black history with economic justice

It is the number one reason that Black-owned businesses fail:...

From banks to beauty products, the #BuyBlack movement is real

As the holiday season moves into full swing, the #BuyBlack...

Will victims in bank scandal get their day in court?

Victims of the Wells Fargo banking scandal will get justice...

Christians, Muslims unite on economic venture in Atlanta

ATLANTA—The Atlanta Local Organizing Committee (LOC) and 10,000 Fearless Men...

Can We Rebuild Black Wall Street?

Black Wall Street was burned to the ground in 1921...

A Never Ending Wealth Gap Between Blacks And Whites In America?

Echoing past dire economic reports, a new study looks at...