Racism Costs the U.S. Billions Every Year

Photo Courtesy of NNPA

WASHINGTON – Closing the income gap between Whites and minorities, would boost earnings by 12 percent, aneconomic windfall of $1 trillion, for a nation burdened by debt and an anemic job market, according to a recent study conducted by the Altarum Institute and funded by the W.K. Kellogg Foundation. The study titled, “The Business Case […]

On The Border Restaurants Offering Free Food For Veterans Monday

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SACRAMENTO – Veterans can have a free meal at On the Border Mexican Grill and Cantina restaurants Monday. “On the Border is humbled to say, ‘thank you’ to those who have served our country,” said Steve Clark, CEO for On the Border. “On this day of honor and respect, we are proud to serve them […]

Sleep Train Arena Workers Get New Uniforms; 800 Jobs Saved

Brittany Jones, left, and Courtney Ewing, right, new employees at Sleep Train Arena, show off their smiles and new uniforms on Oct. 23, 2013. All of the employees at the facility were fitted with new uniforms to start the upcoming NBA season. The new owners of the Kings saved about 800 jobs that would have been lost had the team relocated from Sacramento to Seattle.

OBSERVER Photo by Antonio. R. Harvey

NORTH NATOMAS — When the new owners of the Sacramento Kings stopped the team from moving out of town and took control of the franchise, they effectively saved nearly 800 full-time and part-time jobs at Sleep Train Arena. For the past few months, the new owners have made on-the-court changes, installed new leaders in the […]

Local Entrepreneur on ABC’s Shark Tank


SACRAMENTO – Local entrepreneur Chris Johnson is cooking up some serious support. Johnson’s appearance on ABC’s “Shark Tank” earned him a $300,000 package that will surely raise the profile of his invention that is taking the nation by a storm — the Rapid Ramen Cooker for Ramen noodles. At a viewing party held at Cafeteria […]

Study: WNBA Still Setting Bar for Diversity Hiring


ORLANDO – A study released Wednesday by the University of Central Florida’s Institute for Diversity and Ethics in Sport shows that the WNBA continues to be the leader among professional sports leagues for racial and gender hiring practices. For the second straight year the WNBA posted the highest combined grade in the history of the […]

CHARLENE CROWELL: Overdraft Fees Cost Consumers $16.7 Billion

Charlene Crowell - NNPA Columnist

OPINION – In recent years, many banks and credit unions have encouraged new checking account customers to accept two items: a debit card that replaces cash transactions and a “protection” known as overdraft coverage. Overdraft programs automatically pay for transactions not covered by available funds; the bank then repays itself the overdraft amount along with […]

Black Unemployment Rate Lowest Since 2009

black job search unemployed crop

WASHINGTON – The unemployment rate for Blacks fell from 13.7 percent in June to 12.6 percent in July, the lowest jobless rate for Blacks since January 2009, according to the latest jobs report from the Labor Department. Although economists warn against being too optimistic about one month’s jobs numbers, some economists found it unusual for […]

Can Black-Owned Franchises Help Narrow the Wealth Gap?


LOS ANGELES – Growing up, all Ronald Smothers ever wanted was to own his own business. In the mid-’70s, armed with a degree from UCLA, he chose a career in franchise restaurants, opening a Burger King in Los Angeles’ Crenshaw neighborhood. He saw that times were changing and believed fast food was one way to […]

SIMEON GANT – Rethinking The Burgeoning Green Economy


OPINION – When I began my research developing the Green Tech education program the term green jobs was an anomaly. The obvious question is, ‘What’s the difference between a regular job and a green job?’ Since its inception in 2009, Green Tech set out to define and spread the word of what a green job […]

CHARLINE CROWELL: America’s Crisis: 38 Million have no Retirement Assets

Charlene Crowell - NNPA Columnist

  OPINION – As more Baby Boomers continue to retire, a new research report has found that the nation is facing a trillion dollar retirement savings crisis. According to the National Institute on Retirement Security (NIRS), 38 million Americans – 45 percent of working-age households – have no retirement account assets. Among all working households, […]