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.
Tag: Pew Research Center
Posted inAfro Briefs
Lawyers’ coalition provides new messengers for Black voter engagement
Young Black lawyers and law students are meeting with Black voters in battleground states to increase turnout and serve as watchdogs against voter disenfranchisement, aiming to restore faith in American democracy.
Posted inGovernor Wes Moore
Gov. Moore signs bills to protect Marylanders’ data, end child poverty in Maryland communities
Maryland Governor Wes Moore has signed data protection bills and the ENOUGH Act into law, which aim to protect children online and eradicate poverty in Maryland communities, respectively.
Posted inBUSINESS
Investing is key to financial freedom–but why do so few know how?
Frances “Toni” Draper discusses the financial disparity between Black and White families, which can be addressed through education, financial literacy, and policies to ensure equal access to investment opportunities.
Posted inWord In Black
‘Bank of ‘Mom and Dad’ isn’t always an option for Black young adults
Black young adults are less likely to receive financial assistance from their parents than their White counterparts, due to the racial wealth gap, and this can contribute to the widening of the gap.
Posted in#Education, Word In Black
Teachers’ “Black tax”: Longer hours, lower pay, better attitude
Black teachers have higher morale than White teachers, possibly due to their commitment to community empowerment, racial uplift, and liberation, and their willingness to work longer hours for less pay.
Posted inNEWS
Black faith leaders seek innovative solutions to suicide in the Black and Brown communities
By Mylika Scatliffe, AFRO Women’s Health Writer For centuries, church has been the pillar of the Black community with members and non members coming to the church and its leaders for solace, refuge, prayer and respite. With increasing rates of suidice among people of color and historical taboos and stigma surrounding suicide among Black people […]