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News Flash

15-year-old author becomes self-made millionaire

Meet Warren Cassell. He’s written two books, and at age 15, he’s already a self-made millionaire. 

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News Flash

Report: more than 73% of homeowners are white, compared to 43% of blacks

Before the great recession, lawmakers and lenders were very generous when aspiring homeowners, particularly those of color sought loans for their new homes.  Now, it is far more difficult for those with modest means, or anyone with a less than desirable credit score to buy a home. The barriers to home ownership are so high, […]

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Guest Post

Jackson Rising: People Power and the New Cooperative Movement

lamont

    By Lamont Lilly Once home to some of the most violent racists in the U.S., Jackson, Mississippi is now a key training ground for self-determination and organized “people power” throughout the U.S. South. From May 2 through May 4, 2014 activists, organizers and fellow revolutionaries from all over the world gathered at the […]

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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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