Black households are disproportionately affected by food insecurity due to supermarket redlining, food deserts, and higher prices, and the federal government is investigating the high cost of groceries to ensure that major businesses are not exploiting their power to inflate prices.
Tag: McKinsey Institute for Black Economic Mobility
Posted inENVIRONMENT
How the Biden administration is working with Black churches to mitigate climate change
The Biden-Harris Administration is working with Black faith leaders to address climate change and its impact on Black communities, and has hosted roundtables and meetings to discuss solutions and resources for climate resilience.
Posted inBUSINESS
Black businesses are growing in the U.S., but challenges remain
Black businesses are on the rise in the US, but despite comprising nearly 14% of the population, they own just about 3% of the country’s businesses, and there is a need for more capital access and spending with Black-owned businesses to close the racial wealth gap.