JIM CLINGMAN: Time to Embrace Blackopoliticonomics

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OPINION – As George Benson sang in Moody’s Mood, “There I go, there I go, there I go…” making up words again. I couldn’t resist this one in light of our penchant to choose sides when it comes to economics versus politics. It seems we cannot understand, nor act upon, the fact that by combining […]

Local Women Fill ‘Plates’ With Self-Sufficiency

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SACRAMENTO – With two jobs and five kids, local mother Ebony Price has a lot on her plate. Fortunately, she seems to have found the recipe for success and self-sufficiency. Ms. Price, 29, is a graduate of the Plates Employment Training Program. Through the program, formerly homeless mothers who have stayed at the St. John’s […]

The Black Unemployment Rate Drops for All the Wrong Reasons

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WASHINGTON – There wasn’t much good news for any of the worker groups in the March jobs report, released last Friday. Even though, the unemployment rate fell to 7.6 percent, most economists agree that the drop is attributable to nearly half a million workers exiting the labor force. “The unemployment numbers look good on the […]

Green Tech Exposes Students To Portable Lighting System

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ELK GROVE — There are many ways to teach youth and adults with emerging green-collar skills how to develop solar energy: radiant heat and light from the sun. However, the local nonprofit, Green Technical Education and Employment (Green Tech), accomplished this feat recently, with an additional facet, that was presented in its Solar Case Project […]

Next Economy Sets Out to Generate 35,000 New Jobs Over Next 5 Years

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SACRAMENTO — Culminating more than a year’s worth of research, community-wide information gathering, planning and prioritizing, business leaders unveiled today the Next Economy Action Plan at a news conference held at the UC Davis Comprehensive Cancer Center. Regional leaders representing business, government, health and bioscience, and academia stood together to emphasize their commitment to implementation. […]

Blue Diamond Growers Expands In Sacramento

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SACRAMENTO – “Every major innovation in almonds has come from Blue Diamond,” explained Blue Diamond President and CEO, Mark Jansen, at the opening of the 6,500 square-foot Almond Innovation Center. “As a result, we are expanding our Sacramento headquarters to include the world’s only research center dedicated to designing cutting-edge almond products.” Blue Diamond, a […]

Wells Fargo Commits $55 Billion to Women-Owned Businesses by the Year 2020

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SAN FRANCISCO – Wells Fargo today announced a commitment to lend a cumulative total of $55 billion to women-owned businesses in the U.S. by the year 2020, updating its lending commitment first established in 1995. The announcement will be made by Lisa Stevens, Wells Fargo lead executive for Small Business and West Coast Regional Banking […]

US adds 236K jobs, unemployment falls to 7.7 pct.

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WASHINGTON – A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts. The February jobs report issued Friday by the Labor Department provided encouraging details: […]

Dorothy Leavell Installed as New Chair of National Black Chamber of Commerce

Dick Gregory (right) attended the National Black Chamber of Commerce’s (NBCC) “Changing of the Chairs” luncheon on Monday, March 4. Gregory poses with Dorothy R. Leavell (center), Editor and Publisher of the Crusader Newspaper Group (Chicago, IL and Gary, IN), who was named incoming Chairperson of the NBCC and Harry Alford, President and CEO of the NBCC.

WASHINGTON – Today, National Black Chamber of Commerce President Harry Alford announced renowned publisher and businesswoman Dorothy R. Leavell has been installed as the new chairperson of the nation’s leading minority business organization. She will preside over the group’s 18-member board of directors and help the trade organization expand its mission of strengthening minority-owned businesses, […]

CHARLENE CROWELL: Car-title loans: $3.6 billion in Interest Paid on $1.6 Billion in Loans

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OPINION – In today’s struggling economy, many consumers find themselves short on cash. When consumers seek a credit remedy, one particular lender is likely to bring more problems than solutions: companies that make car title loans. According to new joint research report by the Consumer Federation of America (CFA) and the Center for Responsible Lending […]