What You Should Know About The Community Reinvestment Act

(NNPA) – Since it was passed in 1977, the Community Reinvestment Act (CRA) has enabled thousands of low- and moderate-income families—many in minority communities—to become homeowners. In the current political climate, however, many observers, who have played a role in monitoring how effectively the CRA is enforced, wonder whether it will continue to offer broad […]

Equifax Data Breach Leaves at least 143 Million Consumers at Risk

(NNPA) – Record-breaking, back-to-back hurricanes in Houston and Florida brought unprecedented winds and rains affecting millions of Americans. Yet another storm just as brutal, but financial in nature, is raging and affects at least 143 million Americans: that’s the Equifax data breach that took place from mid-May to July of this year. On July 29, […]

White Supremacist Murder Suspect Jailed after Charlottesville Attack

(NNPA) – James Alex Fields Jr., a 20 year-old from Ohio, who drove his dark gray Dodge Challenger into a crowd of people protesting a White nationalist march in Charlottesville, Va., on Saturday, August 12 showed a deep interest in Nazism and Adolph Hitler in high school. Fields is being held on suspicion of second-degree […]

Job Growth Slows, Black Workers Exit Labor Market in May

(NNPA) – Black workers continued to experience lackluster job growth under the Trump Administration, according to the latest jobs report from the Labor Department. Although, the share of Black workers in the population that held jobs (employment-population ratio or E-POP), ticked up from 57.6 percent in April to 57.7 percent in May and the unemployment […]

Iconic Ebony Magazine Moves from Chicago to Los Angeles

(NNPA) – Los Angeles has lured another Black icon away from the Windy City. The company that now owns EBONY and Jet magazines, recently announced that the editorial teams for both publications will relocate to Tinsel Town. The move marks another loss for Chicago, which was once a magnet for Black-owned media. The Chicago Tribune […]

Odyssey Media’s ‘Keys to Success’ Elevates Black Women-owned Businesses

(NNPA) – In an effort to increase opportunities for Black women entrepreneurs, Odyssey Media launched “Keys to Success: Access to Capital,” a $25,000 business pitch competition and digital workshop series for women of color who own and operate small businesses. The Coca-Cola Company’s “5by20 Initiative” supported Odyssey Media in the launch of the competition and […]

Equality Index for Blacks Inches Closer to Whites in the 2017 Report

(NNPA) – In their annual State of Black America report, called “Protect Our Progress,” the National Urban League (NUL) suggested that the nation should invest in a “Main Street Marshall Plan” that would solidify gains made by Black Americans during the Obama Administration. The plan includes many policy ideas the NUL has proposed in previous […]

New Orleans begins removing racist confederate monuments

(NNPA) – Against a backdrop of death threats and under the cover of night, officials in New Orleans have begun to dismantle Confederate monuments honoring racists of the Civil War and Jim Crow eras of United States history. Workers removing the first of four monuments wore bulletproof vests, helmets and hid their faces. By 5:45 […]

Senate Confirms Trump’s Supreme Court Pick

(NNPA) – With the confirmation of Judge Neil Gorsuch to the United States Supreme Court, Senate Republicans won another victory in their partisan war of obstruction against the nation’s first Black president. Shortly after conservative Justice Antonin Scalia died on February 13, 2016, Senate majority leader Mitch McConnell announced that he would not even consider […]

Wells Fargo Commits $60 Billion to Increase Black Homeownership

(NNPA) – Wells Fargo & Company has set aside a staggering $60 billion to lend to at least 250,000 black homeowners by the year 2027. Metropolitan Atlanta’s second-largest bank also pledged to increase the diversity of its home lending sales team and spend another $15 million to give financial education and counseling over the next […]