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News Flash

President Obama set to unveil ‘My Brother’s Keeper’ initiative for men of color

President Obama will formally launch a new initiative to provide greater opportunities for young men of color in the country. The “My Brother’s Keeper” initiative is meant to address the racial economic disparities faced by black and Latino males. 

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News Flash

Obama signs executive order raising minimum wage for federal contract workers

President Obama signed an executive order raising the minimum wage to $10.10 an hour for U.S government contract workers. In his State of the Union address, the president mentioned his push for a higher minimum wage for federal contract workers, and the move fulfills his promise. 

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News Flash

92% of black male teens unemployed in Chicago, 83% nationally

Alarming figures about the state of our economy in regards to teenagers have been released. In Chicago, ninety-two percent of African American male teenagers are unemployed. Overall, eighty-three percent of black male teens in the country are without a job. 

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News Flash

Doctors warn Congress of consequences of food stamp cuts

Doctors are warning that if Congress cuts food stamps, the federal government could face increases in health bills. The experts say that while the consequence may not be felt immediately, over time the poor will wind up in doctors’ offices and/or hospitals as a result of the cuts. 

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News Flash

Guest on Fox News refers to minimum wage as ‘Black Teenage Unemployment Act’ calls for its dissolution

Art Laffer, an economist and former member of the Reagan administration, was unequivocal in his thoughts about minimum wage. During an interview on Fox News, Laffer called for Congress to repeal minimum wage, because it’s basically the Black Teenage Unemployment Act.” 

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News Flash

Workers in 13 states to see higher pay due to increase in minimum wage Jan.1

On January 1, workers in 13 states will receive a higher paycheck due to increases in minimum wage. Most of the increases amount to less than 15 cents an hour. 

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News Flash

New report reveals that credit card debt is worse for African Americans

You can find them everywhere. On college campuses. In the mail. Creditors are practically handing out credit cards to anyone with a social security number, and while the piece of plastic seems like a quick way to make purchases and pay off bills, they do more harm than good. Especially for African Americans. A study […]

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News Flash

Poll: Majority of America wants to raise minimum wage

The U.S. government hasn’t raised its minimum wage since 2009. Those earning the minimum make $7.25 hr., an income bracket that is sure to keep them in poverty. But according to a new Gallup poll, 58% of self-identified republicans would vote to raise the minimum wage to $9 hr.

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News Flash

Food stamps to be cut by $5 billion this week

The U.S. food stamp program will be cut by $5 billion this week. The Supplemental Nutrition Assistance Program (SNAP) costs roughly $80 billion a year to run. SNAP provides aid to 14% of the country’s households, which equals about 47 million people.

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News Flash

Study shows that poverty damages the brain

African Americans are disproportionately affected by poverty in a number of ways. In 2012, they were twice as likely to be unemployed compared to whites. A new study is revealing some interesting findings about the affects of poverty on the brain.

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