Monday, March 30, 2020
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Economy
L.A. COUNTY BUSINESS AND WORKER DISASTER HELP CENTER OPENS
March 26, 2020
Today, with support of the Los Angeles County Board of Supervisors, the Departments of Consumer and Business Affairs (DCBA) and Workforce Development, Aging and Community Services (WDACS) are proud to announce the launch of the new L.A. County Business and Worker Disaster Help Center, a new centralized call center and website providing free, one-on-one counseling and support for business owners and workers who have been adversely affected by the ongoing Coronavirus/COVID-19 emergency. ... read more »
COVID-19: Flatten the Curve, Bridge the Opportunity Divide
March 26, 2020
We’re already in a global recession that will inform a national recession. An estimated 80 million U.S. jobs are at risk. More than 75 percent of 16–-24-year-olds are hourly employees who are at greater risk of being laid off. ... read more »
Constance Anderson Brings Resources and Capital to Underserved Communities at The Center
March 19, 2020
As President of The Center for Strategic Economic Studies and Institutional Development (“The Center”), Constance Anderson wields her expertise in finance to help women and minority business owners in historically underserved communities grow and thrive. In an industry in which 32.5% of c-suite leaders are women, Anderson has proved herself a force for change. ... read more »
Stop Evictions and Foreclosures: New Bill Responds to Coronavirus Crisis
March 19, 2020
California lawmakers are pushing for legislation that would provide rental relief and order a temporary suspension of mortgage payments for residents affected by COVID-19, or the Coronavirus disease.  ... read more »
SBA Offers Disaster Assistance to California Small Businesses Economically Impacted by the Coronavirus (COVID-19)
March 17, 2020
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Gavin Newsom’s designated representative, Director Mark S. Ghilarducci of the Governor’s Office of Emergency Services on March 13, 2020. ... read more »
Southland Gas Prices at Lowest Amounts Since Last March
March 12, 2020
The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped 1.6 cents today to $3.494 – its lowest amount since March 22 of last year.  ... read more »
The Poverty Paradigm
March 12, 2020
You might think that the kind of generational poverty that would concern a global powerhouse like the United States of America, let alone the paradise we call Southern California, is a non-conversation in this country. Yet the special rapport on poverty, racial equity, and human rights is an appropriate link. The notion that we have a low unemployment rate, but a high under-employment rate, increased homelessness, immigration, food insecurity, poor education, immigration political wars, and racial inequity, when correctly interpreted, the numbers suggest that we have an urgent problem. ... read more »
LAX to Resume Allowing Taxis to Pick Up Passengers Curbside
March 12, 2020
Taxi drivers will once again be able to pick up arriving passengers at the curb inside the Central Terminal Area at Los Angeles International Airport, starting at 8 a.m. today.  ... read more »
Study: African Americans Poorer Today Than Five Years Ago
March 12, 2020
“I don’t want to get political here, but I would hope that this report would color how people view the approaches that the parties and candidates take toward legislative and social issues, and how those things are framed,” Lending Tree Lead Researcher Kali McFadden told NNPA Newswire. ... read more »
Ford Fund Teams Up with the California African American Museum to Kick off Men of Courage Greater Los Angeles Barbershop Challenge
February 27, 2020
Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, is joining forces with the California African American Museum (CAAM) to offer community focused barbershops in the Greater Los Angeles area the opportunity to compete for a $10,000 grant. ... read more »
For People of Color, Gentrification is More a Curse than a Blessing
February 27, 2020
According to a March 2019 study by the National Community Reinvestment Coalition (NCRC), more than 135,000 Black and Hispanics around the nation were displaced between 2000 and 2012. Gentrification and displacement of long-time residents were most intense from 2000 to 2013 in the nation's biggest cities, and rare in most other places, according to the study. During those years, gentrification was concentrated in larger cities with vibrant economies but also appeared in smaller cities where it often impacted areas with the most amenities near central business districts. ... read more »
Temporary Housing Facility Opens in Venice for Homeless People
February 27, 2020
A temporary-housing shelter providing 100 beds for homeless adults and 54 beds for youth opened today in the Venice area.  ... read more »
GM Prodigy Charles Muse Recounts his Rise to the Top of Auto Industry
February 20, 2020
“I had many engineering assignments as an intern including Aerodynamics and Aeroacoustics in my last rotation and lo and behold, I got a full time offer as an aerodynamicist. As an Aerospace Engineering graduate, you typically end up in the aerospace industry like Lockheed Martin or Boeing, but I was able to land a dream job in both of my passions at General Motors starting out as the lead aerodynamicist for crossovers." ... read more »
Mike Bloomberg Announced The Greenwood Initiative, a Plan to Revitalize the Black Community
February 13, 2020
At the site of the Black Wall Street Massacre in Tulsa, Oklahoma, Presidential candidate Mike Bloomberg announced the Greenwood Initiative: Economic Justice for Black America. Mid-January, ... read more »
Financial Health needs to become part of your DNA
January 30, 2020
Your financial wellbeing, or as we like to call it at Chase - your financial health - needs to become a part of your DNA. ... read more »
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