The Black Unemployment Rate is Double What Whites Experience

(NNPA) – Black workers lost ground last month, as the unemployment rate increased from 8.3 percent in September to 8.6 percent in October, according to the latest jobs report from the Labor Department. October was a bad month for Black workers, in general. Not only did the share of Black workers in the labor force […]

Attorney general leads criminal probe of Wells Fargo bank

SACRAMENTO, Calif. (AP) — California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole customers’ identities in the sales practices scandal that rocked the bank and cost its CEO his job, documents released Wednesday show. A search warrant and supporting affidavit released by the state Department of […]

Governor to approve state-run retirement for private workers

SACRAMENTO, Calif. (AP) — Gov. Jerry Brown is scheduled to sign legislation Thursday to automatically enroll nearly 7 million people in a retirement savings account, an attempt to address growing fears that many workers will be financially unprepared to retire. The legislation creates a state-run retirement program for workers who don’t have an employer-sponsored plan, […]

California lawmakers approve extension of climate change law

SACRAMENTO, Calif. (AP) — California lawmakers voted Wednesday to extend the state’s landmark climate change law — the most aggressive in the nation — by another 10 years, resisting fierce opposition from oil companies and other business interests to keep the program alive at least through 2030. Democratic Gov. Jerry Brown, a strong advocate of […]

Young, Black Job Seekers Spruce Up Resumes, Aviation Careers Opening

(CBM) – Recent college grads and job seekers under the age of 31 have a week to fly into a job applicant pool for a well-paying gig with the country’s national aviation authority. The Federal Aviation Administration is accepting applications from entry-level candidates across the U.S. for air traffic controller positions until August 15. And […]

Ford recalls 830K vehicles to fix faulty door latches

DETROIT (AP) — Ford is recalling about 830,000 vehicles in the U.S. and Mexico because parts in the side door latches can break and the doors can open while the vehicles are moving. The recall announced Thursday covers certain 2013 to 2015 Ford Escape SUVs and C-Max cars, and 2012 to 2015 Focus cars. Also […]

Debt-collection proposals: Fewer calls, easier to dispute

NEW YORK (AP) — Consumers could no longer receive multiple calls per day from debt collectors and would have more ability to dispute their bills under proposals released Thursday to overhaul the multibillion-dollar debt collection industry. The new rules from the Consumer Financial Protection Bureau would also require collectors to have more documentation to prove […]

Sacramento County Plastic Bag Ban Takes Affect

Sacramento – Sacramento County will become the 149th jurisdiction in the state to implement a plastic bag ban on July 1. This is the same day that was supposed to be the start date of the statewide plastic bag ban, a ban that has been delayed by out-of-state plastic bag manufacturers, and will now be […]

Carol’s Books close to reopening

NORTH SACRAMENTO – It’s been almost five years until the day when Carol’s Books bookstore in North Sacramento closed due to flooding of the popular African American business. But through the struggles, constant persistence and never-ending hope, the bookstore’s operator Sharon Wright is near reopening the facility on Del Paso Boulevard. There’s not a date […]

California Pension Fund CEO Sentenced for Bribery

SAN FRANCISCO (AP) – A federal judge Tuesday sentenced the former head of the nation’s largest public pension fund to four and 1/2 years in prison in a case in which the pension fund CEO acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate. Senior U.S. District Court […]