Most see wealth inequality, especially between Black and white Americans, as too long-standing and intractable to be solved in any meaningful way. Lenwood V. Long, Sr. isn’t one of them.
Cryptocurrency is one of those buzzwords that everyone is talking about, but very few people understand. The explosion of the digital capital market over the
We sat down with Tessa to discuss plans to help the Twin Cities’ Black communities grow, the changes the new branch is expected to bring, and how you can work with her to chart your path forward and meet your financial goals.
“Each 2022 quarter is designed to reflect the breadth and depth of accomplishments being celebrated throughout this historic coin program. Maya Angelou, featured on the reverse of this first coin in the series, used words to inspire and uplift,” Mint Deputy Director Ventris C. Gibson said in a statement.
If you’ve spent any time on the internet in the last five years, you’ve heard about NFTs and cryptocurrency. These trades have become a highly
Working hard to increase Black, Indigenous and People of Color (BIPOC) Media Power. Meet David Morgan President, Multicultural Media & Correspondents Association. David is managing partner
Cultivation can be rewarding for blacks and anyone who is a patient or caregiver looking to have cannabis straight from home.
This is Part 2 of the follow-up to the MMCA Summit. The Multicultural Media and Correspondents Association hosted its BIPOC Community Media Development Summit at
But according to our man at St Louis NAACP, the excitement is building. There is a new category of cannabis licenses that will be reserved for small businesses.
According to the Billion Dollar Roundtable, 28 Fortune 500 companies spend at least $1 billion each year with diverse suppliers[1]. These are some of America’s leading corporations actively looking to spend money with diverse-owned businesses. So, what does this mean? Being certified as a diverse supplier is more important than ever.
A St Louis business executive Dave Peacock was very adamant in keeping the Rams in town.He was reached for comments but he never returned any of my calls.
I will be asking him about family, fashions and the deal he had secured for prison’s technology with the George Floyd Foundation.
Meet the President and CEO of the African American Alliance of CDFI (Community Development Financial Institutions) CEOs, the only organization leveraging the decades of experience, relationships, and intellectual capital held by a group of talented CDFI CEOs operating in all 50 states and the District of Columbia.
Franklin in Ventura Village, for some frequently asked questions (FAQ), and to discuss tips and best practices for securing a better financial future.
With a desire to bring pharmacy services to a historically underserved neighborhood, Dr. Tracy M. Reed opened the TPD Pharmacy to serve the St. Louis community and beyond. A podiatrist by trade, Dr. Reed obtained her degree in Podiatric Medicine from the William M. Scholl College of Podiatric Medicine in Chicago, completed her Residency at Saint Barnabas Hospital, and has over 24 years of experience in the medical field.
“Trusted local information and the people and systems that gather and distribute it are critical infrastructure for communities, just like the people and systems necessary to provide housing, roads, electricity, clean air and water, healthy food, reliable broadband data networks, schools, healthcare and cultural institutions,” Nachison says.
CDFIs aren’t the only institutions that would benefit from investments in community media. Banks and other lenders, under the Community Reinvestment Act of 1977 (CRA), are required to meet the credit needs of the communities where they do business, including low- and moderate-income communities. The Act was a response to redlining — the discriminatory practice of denying loans to residents and business owners based on their race or ethnicity. Every two to five years, banks have to undergo an audit by federal banking regulators to see how well they are meeting the terms of the CRA. Banks that do not meet the requirements face heavy regulatory scrutiny and can have difficulty getting approval for mergers or expansions.
Dynasty Consulting, is a multicultural brand marketing firm co-founded and led by David Beckford, owner operator and advisor to more than 100 African American multi-media platforms including radio, print and OTT platforms. Since 2019, Dynasty has generated more than $1 million for its clients through general advertising, sponsored content, profit-sharing and other strategies and by leveraging their combined reach through the Dynasty Media Portal.
The Local Media Association (LMA) has made sustainability for publishers of color one of its four strategic pillars, building capacity through its Digital Transformation Lab, the Fund for Black Journalism, and the Word In Black collaborative. And Local Independent Online News (LION) Publishers through its Tiny News Collective is making critical support more accessible to first time founders that are underrepresented in the news landscape.
Three local publishers have been selected to participate in the initial pilot projects: The Community Voice, serving Wichita and the Kansas City Metropolitan area; The
As part of RJI’s Inclusive Media and Economies Project, RJI, the Multicultural Media and Correspondents Association (MMCA) and Dynasty Consulting are teaming up to help publishers of color tap into community development, revitalization and reinvestment funds, and then use those investments to test new revenue strategies and build more sustainable business models.
Ms. Williams is the C.E.O. and a co-founder of Capital B, a nonprofit news organization reporting for Black communities that will begin operating next year. She is the former editor in chief of Vox.
A nonprofit Community Development Financial Institution (CDFI), Reinvestment Fund pursues a comprehensive approach to strengthening historically excluded neighborhoods and creating economic opportunities for their residents. Its NMTC program is a critical part of its approach, enabling it to support large, high-impact projects that prioritize what the local community actually needs or wants.
Opportunity Zones can truly be a blessing for marginalized communities. If we mobilize financial professionals, real estate investors and entrepreneurs, we can take advantage of the massive opportunity. We can develop a team of investors – who either come from or currently live within the zones – that understands what our neighborhoods are missing.
In the finance industry promoting an environment that is both inclusive and diverse not only promotes equality, it also encourages equitable access to financial resources.
Approximately 7.5 million Americans will be losing their pandemic unemployment benefits by Labor day, when federal pandemic policies will expire. On September 6, the $300
Two experienced, professional insurance companies are united with the goal of serving their community.
Jay-Z is doing it big with his high-end marijuana brand, Monogram, which sells $50 premium hand-rolled joints. A bit pricey for your everyday bit player street hustler.
For many years this seemed like a fair trade. A free education in exchange for playing sports at your college university.
I spoke with Abello as part of RJI’s Inclusive Media and Economies project that examines…
The sustainability of local journalism is tied to the strength of local business and both have been rocked by a deadly pandemic and roused by nationwide rallies for racial equity.
From the Federal Reserve to the U.S. Economic Development Administration to the American Planning Association, pressure is mounting…
I don’t know much about stocks and investing. Nonetheless, I have found out a lot about saving my money and getting a little dividend every now and then.
Group Black Inc. also intends to invest some proceeds in Black-owned media properties Group Black Inc., a collective aimed at deepening the pipeline of Black-owned
Maurice Jones says running the Virginian-Pilot was one of the most fun jobs he’s ever had.
Research indicates that reductions in local news coverage lead to reduced civic engagement, inflated city budgets, more polarization and lower voter turnout.
Original Source: The Washington Informer JPMorgan Chase announced it is making a $400 million nationwide philanthropic commitment to close the housing affordability gap for Black and
A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will…
The board of directors of OneTen, a coalition bringing together business leaders committed to upskilling, hiring and promoting…
Multiple studies have shown that the earlier kids develop healthy money habits, the better their prospects of having strong financial health into adulthood.
Mobile phones are everywhere. In fact, according to data from Pew Research, 97% of Americans now own a cellphone of some kind, with 85% using a ‘smartphone.’ Interestingly, the device that launched the smartphone revolution – the iPhone – was first introduced a mere 14 years ago.
The road to financial health includes revisiting our spending priorities, saving money into emergency funds, and even mapping out expenses in a budget.
“I saw so many disparities and so many gaps in the community for Black entrepreneurs.”
When was the last time you looked at your bank account balance? According to a recent study, over 60 percent of Americans check their balance
A year into the pandemic, many people have experienced changes in how they manage their money. With different spending needs and, in some cases changes
The past year has been one of the most tumultuous chapters in recent history for Black Americans, with numerous reminders that systemic racism brings devastating
by UBAA Staff | Apr 15, 2021 | Lifestyle, News From Around The Network When it comes to decorating your home, it is critical that the items you choose fit your
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