Sacramento Observer
LOS ANGELES – The former owner of the Payless Market in South Los Angeles, gleefully described how the Black community’s passion for malt liquor and his “unofficial grassroots advertising campaign” allowed him to significantly increase his store revenue within a few weeks and save his business. The store had a license to sell beer and [...]
OPINION – The environmental activist community slowly started during the Nixon administration. It morphed into a replacement for the anti-Vietnam War movement. Groups such as the Sierra Club and Greenpeace saw a new angle to this. They wanted to recruit the civil rights activists into this cause. I remember Attorney General Janet Reno (in the [...]
SAN FRANCISCO – California’s largest greenhouse gas emitters will begin buying permits in a landmark “cap-and-trade” system designed to control emissions of heat-trapping gases and to spur investment in clean technologies. The program is the most wide-ranging of its kind in the nation and a key part of California’s 2006 climate-change law that dictates standards [...]
WASHINGTON – Voters were still waiting to elect the next president of the United States when the Labor Department’s monthly jobs report, issued four days before the election, provided a glimpse into what the American economy might look like over the next four years. The unemployment rate increased from 7.8 percent in September to 7.9 [...]
NATIONWIDE – The U.S. Small Business Administration is asking Black bankers to step up efforts to provide financing for minority entrepreneurs seeking start-up and continuing capital for their businesses. The move comes as the leaders of the nation’s Black-owned financial institutions gathered in New Orleans last week during a convention for the Black bankers’ trade [...]
LOS ANGELES — Gov. Jerry Brown is taking action in an effort to drive down the cost of gasoline as California drivers cope with record-breaking prices at the pump. For the second straight day Sunday, the statewide average price for a gallon of regular rose to an all-time high, hitting $4.655, according to AAA. That [...]
WASHINGTON – President Barack Obama got much-needed good news Friday following his disappointing debate performance as the unemployment rate dropped to its lowest level since he took office. Republican rival Mitt Romney said Obama still hasn’t done enough to create jobs. The figures announced by the Labor Department – 114,000 new jobs last month to [...]
SAN FRANCISCO – Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices. The average price of regular gas across the state was nearly $4.49 a [...]
MILWAUKEE – Young African American college graduates say they are much more serious about reaching financial goals than previous generations, according to new Northwestern Mutual research. A large majority (70 percent) of 18-to-34-year-old African American college graduates described themselves as either “disciplined” or “highly disciplined” financial planners, compared to only 47 percent of those aged [...]
OPINION – The economy has had a detrimental effect on homeownership. Unemployment andunderemployment have made it tough for many homeowners to maintain current mortgagepayments. In attempts to get assistance and avoid foreclosure, vulnerable homeowners becomeprime targets for scam artists who are taking advantage of people through a wide array ofmortgage scams. For homeowners in need [...]
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