Black Entertainment Television co-founder Robert Johnson told CNBC Monday the U.S. government should provide $14 trillion of reparations for slavery to help reduce racial inequality. According to CNBC, Johnson believes the wealth divide and police brutality against blacks are at the heart of protests against police brutality and the death of George Floyd. “Now is the […]
View MoreTag: Black Economics
(Illustrated) The Massacre of Black Wall Street | The Atlantic
LOUISVILLE, Ky. (Sarah Shadburne) —Victor Yarbrough wanted to do something that would bring positive opportunities for economic growth to west Louisville, according to our partners at Louisville Business First. So, he started his own bourbon brand with his brothers Chris and Bryson. It’s called Brough Brothers Bourbon, and it’s already distributed through Amazon to the […]
View More
Robert F. Smith on becoming the richest black man in America, what companies get wrong about diversity, and what he’s doing to help mint more black billionaires | Business Insider
Robert F. Smith is the richest black man in America, and one of only four to currently have a net worth of more than one billion dollars. [mc4wp_form id=”6042″] The son of two Denver-based school teachers, he earned degrees from Cornell University and Columbia Business School before founding Vista Equity Partners, a private equity firm […]
View More
Father and Son’s Financial Literacy Curriculum Teaches Black Youth to Invest in the Stock Market | Black Enterprise
A financial literacy curriculum designed by a father-son duo is helping students at one high school learn how to invest in the stock market. [mc4wp_form id=”6042″] Virginia esquire Kevon L. Chisolm and his 11-year-old son, Kamari Chisolm, announced the launch of Black Wallstreeter Consultation Services back in March to aid people, particularly young people, with […]
View More
How I Get By: A Week in the Life of a McDonald’s Cashier | Vice
Cierra Brown is trying to do all she can on her own, but it rarely feels like she’s doing enough.
View More
Thomas L. Jennings, First African American to Receive a Patent | Post News Group
Tamara Shiloh, Post News Group [dropcap]Patents[/dropcap] are important official documents as they are used to safeguard one’s inventions. The first U.S. patent was issued in 1790. But it wasn’t until March 3, 1821, that a patent was issued to an African American: Thomas L. Jennings. [mc4wp_form id=”6042″] Jennings, born free in 1791, was awarded the […]
View More
Why Japanese-Americans received reparations and African-Americans are still waiting | The Conversation
Rhoda E. Howard-Hassmann, The Conversation Carvings and barbed wire illustrate the Bainbridge Island Japanese American Exclusion Memorial on Bainbridge Island, Wash. The site, designed by architect Johnpaul Jones, opened in 2011. (AP/Seattle Times/Jordan Stead). Featured Image [dropcap]In[/dropcap] June, the United States House of Representatives held a debate about reparations to African-Americans. One of the questions […]
View More
The Racist History of Tipping | Politico
Reverend Dr. William J. Barber II, Politico An illustration of the interior of a Pullman dining car. | Library of Congress. Featured Image [dropcap]This[/dropcap] week, the House of Representatives will have a chance to end a pernicious legacy of slavery. Lawmakers will vote on the Raise the Wage Act, which would boost the minimum wage […]
View More
Bank of America Launches $5 Billion Home Loan Assistance Program | BlackPressUSA
Stacy M. Brown, NNPA Newswire Correspondent, BlackPressUSA [dropcap]NNPA[/dropcap] NEWSWIRE — The new Bank of America program includes down payment and closing cost assistance; innovative low down payment mortgages; grants that can be applied to non-recurring closing costs; a national network of lending professionals; easy-to-understand financial education tools; strategic partnerships with real estate professionals; and a […]
View More
Ta-Nehisi Coates Revisits the Case for Reparations | The New Yorker
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 More
You must be logged in to post a comment.