Monday, May 10, 2021
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Economy
Many Black Renters, Hit Worst By COVID, Remain in Dark About Billions in Relief Funds
May 6, 2021
But many renters, including Black Californians who lease residential property, may not know about the state’s new CA COVID-19 Rent Relief program or they may not have details on how to apply for the available assistance. Other advocates say some renters could simply be confused because there are multiple rental relief programs at the county or city level to help renters. ... read more »
Increasing Diversity in Lineworker Skilled Trades
May 6, 2021
Athennia, 10, Eric Jr., 9, and Aliyiah, 7, know that when there is a storm or a wildfire, their father, Eric Jones, a field supervisor for Southern California Edison - Opens in new window, is going to be very busy and may be called out to work at night. ... read more / view gallery »
Black Unemployment Increases as California Job Market Recovers
April 29, 2021
“With vaccine eligibility now expanded to Californians 16 and older, our safe reopening and strong recovery will require an ongoing commitment to vaccine access and to a safe workplace for everyone, as more and more Californians get back to work,” said the state officials. ... read more »
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Unemployment Rate Dips In LA County In March
April 16, 2021
The 11.3% rate was still well above the pre-pandemic rate of 5.4% in March 2020. ... read more »
A year of COVID-19 brought record consumer debt and collection complaints 
April 15, 2021
After more than a year of COVID-19, the nation’s collective ability to cope with dual public health and economic crises has diminished many consumers’ ability to remain financially stable. While this February’s national employment report by the Bureau of Labor Statistics showed a net gain of 379,000 jobs and white unemployment dropped to 5.6%, there was no corresponding improvement for Black and Latino workers. Instead, unemployment was respectively higher at 9.9% and 8.5%.    ... read more »
General Motors Announces 400 Percent Increase in Ad Spending with Black-Owned Media
April 15, 2021
General Motors officials said it would be more productive to host a series of meetings involving a more extensive mix of Black-owned media publishers and executives. “To ensure that our conversations are both substantive and constructive, we are going to postpone [the originally scheduled meeting] and reschedule it into a series of smaller conversations that take place over the next few weeks,” GM global Chief Marketing Officer Deborah Wahl told the executives. ... read more »
Black Leaders: Spending Must Include Minorities as State Prepares for Billions in Fed Cash
April 8, 2021
The leaders say California has not lived up to its commitment to equitably include African American contractors and businesses in the state’s ongoing infrastructure investments. ... read more »
Probe Into Prison Deaths Ends Up Uncovering $8 Billion in Untracked State Money
April 1, 2021
What started out as an investigation into inmate deaths in some of California's county jails led to an audit that uncovered severe overcrowding, a lack of mental health resources and $8 billion in State funds for which three county Sherriff offices cannot properly account. ... read more »
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Your 2021 Stimulus Cash: Differences Between Your Federal and State Checks
March 18, 2021
The American Rescue Plan, which includes the third and largest round of federal COVID-19 stimulus of the pandemic so far, was signed into law by President Biden on March 12. According to several reports direct deposits began hitting peoples’ bank accounts as soon as March 14, with paper checks and pre-paid debit cards expected to follow soon. ... read more »
As Stimulus Checks Go Out, Beware Scammers, Says FTC
March 18, 2021
New rounds of COVID-19 stimulus checks are either incoming or have already reached the pockets of eligible Californians -- either through the federal American Rescue Plan or the Golden State Stimulus. With the cash coming in, the U.S. Federal Trade Commission (FTC) is warning the general public about an expected wave of fraud targeting peoples’ stimulus cash. ... read more »
What the $1.9 Trillion American Rescue Plan Means for Californians
March 18, 2021
The broad scope of this stimulus package covers a wider range of national and state priorities as compared to previous federal government relief efforts. This one is aims to both prepare the country logistically to emerge from the pandemic and to recover from the economic strife of the past year. ... read more »
Maxine Waters Brings Home the Money with American Rescue Plan!
March 18, 2021
The historic American Rescue Plan was passed by the U.S. House of Representatives and has reached President Biden’s desk and received his signature. I am so pleased that help will soon be on the way for the millions of people struggling to stay afloat during this pandemic. ... read more »
Goldman Sachs Financial Group Commits $10 Billion in Investment Capital to Impact One Million Black Women
March 18, 2021
The Goldman Sachs joined roundtables that focused on the barriers Black women face as entrepreneurs, and how targeted investments can work as a bridge to equality. Their compass in navigating through directive comes from Goldman’s relationships with sororities such as Delta Sigma Theta Inc., Alpha Kappa Alpha Inc., Zeta Phi Beta Inc., and Sigma Gamma Rho S Inc., and Black women’s organizations, such as the National Council of Negro Women, Black Women’s Roundtable, the National Coalition on Black Civic Participation, Power Rising, Walker’s Legacy Foundation, The Links, Inc., and the Sistahs in Business Expo. ... read more »
Maxine Waters Brings Home the Money with American Rescue Plan!
March 11, 2021
Help Is on The Way!   Washington, D.C. – Today, Congresswoman Maxine Waters (CA-43), Chairwoman of the House Committee on Financial Services, issued the following statement after the U.S. ... read more »
Okonjo-Iweala is First Woman, African to Lead World Trade Body
February 18, 2021
FRANKFURT, Germany (AP) — Nigerian economist Ngozi Okonjo-Iweala was appointed Monday to head the World Trade Organization, becoming the first woman and first African to take on the role amid rising protectionism and disagreement over how the body decides cases involving billions in sales and thousands of jobs. ... read more »
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