Business & Money Locked Out And Going Out Of Busines$
When congressional leaders of both political parties agreed to a $2 trillion economic stimulus package—the Coronavirus Aid, Relief, and Economic Security (CARES) Act—Teri Williams had no expectations that Black businesses would get their fair share.
Updated Jun 7, 2020 - 11:18:56 PM
Business & Money Stimulus stunts and secret tricks
Much deserved attention has been focused on the performance breakdowns and structural flaws in the massive $2 trillion federal government Covid-19 economic stimulus plan that was just adopted and almost as quickly spent by banks and corporations.
Updated Apr 21, 2020 - 1:33:09 AM
Business & Money Hope, doubts about $2.2 trillion spending bill
The United States of America adopted a sweeping $2.2 trillion coronavirus relief package, intended to provide immediate assistance to many citizens and small businesses, as well as to major industries on the brink of economic collapse amid the ongoing pandemic. Immediate public reaction ranged from relief to skepticism.
Updated Apr 2, 2020 - 12:04:31 PM
Business & Money Economic uncertainty and instability amid Covid-19 crisis
The global pandemic that is sweeping the United States and the world has ravaged almost everywhere it has hit, roaring through cities and small towns, killing thousands of people, making others ill, upending daily activities and decimating the country’s economic fabric.
Updated Apr 2, 2020 - 11:58:17 AM
Business & Money Affordable housing for low wage workers a remote dream
There is a significant gap between renters’ wages and the cost of rental housing across the United States. This leaves no minimum wage worker able to afford a rental home solely on their weekly earnings according to a report, Out of Reach.
Updated Jan 15, 2020 - 7:02:08 AM
Business & Money Richest 1% in U.S. surpassing wealth of middle class: Report
The U.S. economic expansion has enriched the top one percent of American households to the point that they now control more than half of the equity in the U.S. stock market, according to a new government study.
Updated Nov 25, 2019 - 6:19:29 PM
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
