By The New Yorker, The New Yorker YOUTH & FAMILIES DETERMINED TO SUCCEED. Featured Image [dropcap]It’s[/dropcap] not often that an article comes along that changes the world, but that’s exactly what happened with Ta-Nehisi Coates, five years ago, when he wrote “The Case for Reparations,” in The Atlantic. Reparations have been discussed since the end […]
View MoreTag: African American Wealth
Jay-Z named world’s first billionaire rapper by Forbes magazine | The Guardian
In a new cover story, Forbes has valued the rapper and business mogul’s empire at $1bn, including real estate and other ventures
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‘I Had to Invest In Myself’: Serena Williams Becomes First Athlete Named on World’s Richest Self-Made Women List | Atlanta Black Star
Kiersten Willis, Atlanta Black Star Women working at sewing machines in factory. Pic credit: Sleek Garments Export Ltd. Featured Image [dropcap]Aboriginals[/dropcap] in Australia who were stripped of land rights should be compensated for “spiritual harm”, a landmark ruling by Australia’s High Court said on Wednesday. [mc4wp_form id=”6042″] The court ruled that the Ngaliwurru and Nungali […]
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Now the Richest Black American, He’s Also One of America’s Biggest Philanthropists | Inside Philanthropy
Ade Adeniji, Inside Philanthropy [dropcap]Throughout[/dropcap] most of my (still relatively) young writer’s lifetime, Oprah Winfrey loomed large as the pinnacle of black American financial success. The 64-year-old Oprah recently denied presidential bid rumors on the heels of a rousing speech, and stars in the new Disney film A Wrinkle in Time, opening this week. Oprah […]
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Universal Programs, Not Reparations, Are Needed To Counter Racism’s Effects | In These Times
The racial wealth gap is real and pernicious, but reparations are not the answer.
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J.C. Watts: Black News Channel Going Beyond Stereotypes of Black Criminals, Entertainers, Athletes | BOLD
Carrie Sheffield, BOLD [dropcap]J.C.[/dropcap] Watts, chairman of the soon-to-launched Black News Channel (BNC), said his television network will help show how the African-American community is far more than criminals, entertainers or athletes so often portrayed in the mainstream media. [mc4wp_form id=”6042″] Watts said BNC will cover topics like politics, economics, culture, faith and wellness, “for, […]
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HBCU Money’s 2019 African American Owned Bank Directory | HBCU Money
Travis Loller, Associated Press, HBCU Money Dr. James Hildreth dissects a frog Friday, March 29, 2019, with seventh grader Keyshawn Walker at the Haynes Middle Health/Medical Science Design Center in Nashville, Tenn. (AP Photo/Travis Loller). Featured Image [dropcap]NASHVILLE[/dropcap], Tenn. (AP) — The number of African-American men entering medical school hasn’t budged since the late 1970s, […]
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Business leaders seek to combat poverty through improving education, creating jobs | The Philadelphia Tribune
Ayana Jones Tribune Staff Writer, The Philadelphia Tribune [dropcap]The[/dropcap] Chamber of Commerce for a Greater Philadelphia is advocating for an inclusive neighborhood growth agenda to help address the city’s stagnant poverty rate. [mc4wp_form id=”6042″] “The purpose of the PHL Neighborhood Growth Project is to focus on job creation across Philadelphia,” Yvette A. Núñez, vice president […]
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Study finds that landlords exploit the poor | Big Think
Landlords aren’t the ones getting rich off of renting properties; slumlords are.
View MoreAfrican American Economics: Real Facts | Black Enterprise
Black Enterprise Editors, Black Enterprise iStock/Kate Sept 2004, Featured Image [dropcap]Black[/dropcap] families are more confident about achieving the American Dream than the general population. However, African Americans fall short on executing life-changing measures such as accumulating wealth, being better prepared for retirement and building up savings. Here are a few facts (and advice) about African […]
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