Has Black Friday Lost its Luster? Depends on Whom You Ask
November 18, 2022
Despite the relatively small sample size in the survey, a growing number of shoppers said Black Friday had lost its appeal.
Breaking News
- LACMA Showcases ‘Imagining Black Diasporas: 21st-Century Art and Poetics’ Exhibit
- Sheenway School and Culture Center — Educating Youth to Lead the Future Over 50 Years
- Record-Breaking Hate Crimes Against Black Angelenos on the Rise
- Los Angeles Rams and LAPD Spread Holiday Cheer with Annual Sleigh Ride
- Heather Hutt Sworn-in as Councilwoman for L.A.’s 10th District
- Visit Baldwin Hills Crenshaw Plaza for Holiday Photos with Santa
- Homeless and Their Advocates Speak Out in New Film, ‘WE, the Vulnerable of LA’
- The Congressman Wore Sneakers: An Evening With Hakeem Jeffries
- Brotherhood Crusade Honors SEIU President April Verrett at 2024 Pioneer of African American Achievement Award Dinner
- No. 18 UCLA Men’s Basketball Defeats Prairie View A&M 111-75
- Athletes in $2.8 billion college lawsuit tell judge they want to create a players’ association
- Cal, UNLV Inspire La Tijera Students at Day of Play
- Student Athlete of the Week: Koa Seymour
Great Recession
Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth
June 17, 2021
Although many officials have called for a ‘return to normal’, millions of small businesses and communities need something new instead. In Black America especially, the ‘old normal’ never delivered equitable access to wealth-building opportunities as those that well-served served much of White America. Instead, a lengthy history of public policies designed to create and sustain a burgeoning middle class systemically excluded Blacks and other people of color.
COVID-19 Worsens Debt Collector Harassment
November 12, 2020
As the final days of the 2020 election season drew to a close, major media across the nation focused on polls and prospects for the presidential candidates. At the same time, scant news coverage reported on a development affecting 68 million consumers: debt collection regulation.
How Strong is Our Economy?
May 9, 2019
“How strong is our economy? It is undoubtedly stronger than it was a year ago, but it’s not as strong as some claim that it is. Labor market weaknesses and inequality are of particular concern to African Americans. Companies are hiring, but they aren’t hiring enough African Americans to close the unemployment rate gap.”
Black Wealth Still Plummeting, CRL Tells Lawmakers
August 31, 2018
For years, and particularly in recent months, major news outlets have heralded the nation’s robust economic recovery. From rising corporate profits, to lower unemployment, or rising stock prices on Wall Street, many consumers might conclude that financial stability not only returned after the Great Recession but continues to climb.
Racial Mortgage Disparities Persist as Federal Housing Enforcement Lags
May 9, 2018
Today, with much of the mortgage market recovered, unnecessarily tight and expensive credit in the conventional mortgage market often makes FHA the only option to finance homeownership for low- to moderate-income borrowers, lower-wealth borrowers, and borrowers of color. This single-option also means that borrowers broadly denied the lower-cost, most-affordable private loans available, have a slower rate of home appreciation due to fees and insurance that accompany government-backed loans.
The Student Loan Debt Crisis is a Civil Rights Issue
March 10, 2018
With 65 percent of jobs soon requiring more than a high school diploma, the need is greater than ever, especially for African Americans and other communities of color.