Showing 1 to 4 of 4 results
Rising Black Unemployment Underscores US Economic Slowdown
August's jobs report revealed a 7.5% unemployment rate for Black workers, the highest since October 2021, foreshadowing a broader economic slowdown and disproportionately impacting Black-owned businesses.
Rising Black Unemployment Underscores US Economic Slowdown
August's jobs report revealed a 7.5% unemployment rate for Black workers, the highest since October 2021, foreshadowing a broader economic slowdown and disproportionately impacting Black-owned businesses.
Progress
40% Bias Score
Tariffs Squeeze Black-Owned Beauty Businesses
US tariffs on Chinese goods, though lowered, still heavily impact Black-owned beauty businesses, many of whom rely on Chinese manufacturers for up to 90% of products, leading to increased costs and threatening their survival amid a 71% drop in investment in Black-owned businesses in 2023.
Tariffs Squeeze Black-Owned Beauty Businesses
US tariffs on Chinese goods, though lowered, still heavily impact Black-owned beauty businesses, many of whom rely on Chinese manufacturers for up to 90% of products, leading to increased costs and threatening their survival amid a 71% drop in investment in Black-owned businesses in 2023.
Progress
48% Bias Score
Fine Wine Series Celebrates 10 Years with Citi Field Festival
The Fine Wine Series, founded by the Osondu brothers, celebrates its 10th anniversary with a festival at Citi Field in New York City on September 9th, featuring Jermaine Dupri's DJ set and showcasing Black-owned wineries and culinary brands.
Fine Wine Series Celebrates 10 Years with Citi Field Festival
The Fine Wine Series, founded by the Osondu brothers, celebrates its 10th anniversary with a festival at Citi Field in New York City on September 9th, featuring Jermaine Dupri's DJ set and showcasing Black-owned wineries and culinary brands.
Progress
24% Bias Score
Investing in Black Businesses: A Path to Economic Equity
Black Americans have historically created significant wealth despite systemic oppression; however, Black-owned businesses receive less than 2% of venture capital funding, demanding investments in Black-led firms and businesses to boost economic equity and growth.
Investing in Black Businesses: A Path to Economic Equity
Black Americans have historically created significant wealth despite systemic oppression; however, Black-owned businesses receive less than 2% of venture capital funding, demanding investments in Black-led firms and businesses to boost economic equity and growth.
Progress
32% Bias Score
Showing 1 to 4 of 4 results