Blacks Less Prepared for the Next Financial Crisis

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WASHINGTON – Minorities clinging to the middle class have come out of the Great Recession at a higher risk for falling into poverty during the next economic crisis, according to a recent report by the Center for American Progress, a nonpartisan think tank in Washington, D.C. The report titled, “Making Sure Money Is Available When […]

Film Review: 42

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NATIONWIDE – Jackie Robinson’s life is lesson in courage. It’s a sobering but inspiring reminder of the barbaric cruelty of racism and those who rallied against it. This revealing film tracks his ascension from the Negro Leagues to Major League Baseball. And though you think you may know his story, you couldn’t possibly fathom the […]

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 […]

Serena and Tiger are Both No. 1 in the World

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NATIONWIDE – Serena Williams and Tiger Woods are back in a place familiar to them. Both Williams and Woods have reclaimed their status in their respective worlds of tennis and golf. Both athletes have reclaimed their No. 1 global rankings in their sports. For Woods, it’s been an uphill battle for the past few years, […]

Diddy Tops Forbes Richest in Hip-Hop List, Jay-Z in Second Place

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NATIONWIDE – Sean “Diddy” Combs ranks No. 1 on this year’s Forbes Five, the magazine’s list of hip-hop’s wealthiest artists, with an estimated net worth of $580 million. The bulk of the Bad Boy Records founder’s wealth comes from non-musical ventures, namely his deal with Diageo’s Ciroc. The agreement entitles him to eight-figure annual payouts […]

National Abortion Rates Highest Among African-American Teens and Twice the National Average

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NATIONWIDE – A new study conducted by the Guttmacher Institute shows that African American teen abortion rates are more than twice as high as the national average. According to the study, the national average is 18 abortions per 1,000 women among 15-19-year olds. The African-American abortion rate is 41 per 1,000 women among that age […]

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 […]

It’s Time to Take Mental Health Seriously

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NATIONWIDE – Though attitudes are changing slowly, many people still don’t like to talk about mental illness. Yet, the National Institute of Mental Health reports that an estimated 26.2 percent of Americans 18 and older (about one in four adults) suffer from some kind of mental illness. It’s also the leading cause of disability in […]

The Shame of College Sports: Black Atheletes Play. But Where’s The Payoff?

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NATIONWIDE – College sports programs thrive on Black athletes, but African American businesses and students are shunned A host of scandals in recent years have made the corruption of college sports constant news fodder. In 2010, the NCAA sanctioned the University of Southern California after determining that star running back Reggie Bush and his family […]

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, […]