economics

WATCH: Black Money Matters Ep.1

Financial Wisdom coming from Special Guest Diedra Porche, Managing Director at JP Morgan Chase’s Market Leadership Team, Los Angeles . Hosted by Danny Bakewell Jr., EVP of the Los Angeles Sentinel & LA Watts Times.

100 Days of Biden-Harris

I see the $6 trillion price tag on the Biden legislation as more of an investment than simple spending. A better-educated workforce earns more money, pays more taxes. A healthier workforce means less absenteeism, more efficiency, and productivity. Quality childcare means more women in the workforce —millions of women left in the wake of COVID. The investment makes sense to build our labor force back better.

Wells Fargo Invests in Six Black-Owned Banks

Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks.

COMMENTARY: Living in America While Being Black Under the Trump Regime 

“The buying power of the African American community is $1.1 trillion, but it only circulates 6 hours in our community, and the Asians keep a dollar in their community 120 times longer than African Americans. The Jewish keep the dollar in their community for 20 days, and the dollar in the White community circulates 17 days.”