Tag Archives: money

Black Unemployment Rate Hits Seven Year Low

14 May

The unemployment rate for black Americans fell below 10 percent in April, for the first time since the economic downfall in 2008. – See more at: http://www.africanamericanreports.com/2015/05/black-unemployment-rate-hits-seven-year.html

Country’s black-owned banks are in a fight for their survival

22 Feb

bankThe Federal Deposit Insurance Corp. counted 25 black-owned banks remaining in the country last year, down from 48 in 2001. Read more: http://www.africanamericanreports.com/2015/02/countrys-black-owned-banks-are-in-fight.html

Allen West doesn’t want to give Obama credit, challenges black unemployment numbers

5 Feb

Allen West doesn’t want to give Obama credit, challenges black unemployment numbers

So this is what it has come to?

Instead of simply congratulating President Obama and his administration for the drop in unemployment overall and the dramatic drop in black unemployment from 15.8% to 13.6% Congressman Allen west has chosen to play politics and question the numbers. He goes so far as to suggest that someone may have tampered with the numbers although he has no proof to back up such a statement. Read more here: Allen West doesn’t want to give Obama credit, challenges black unemployment numbers

Youngest African American CEO Ephren Taylor for Ponzi Schemes

2 Dec

Youngest African American CEO Ephren Taylor for Ponzi Schemes

An action filed in Federal District Court in Raleigh, North Carolina, hundreds of individuals all across the United States have added their voices to a growing chorus accusing Ephren W. Taylor II, “America’s youngest African American CEO of a public company,” of operating a series of brazen Ponzi schemes that enriched him but left dozens of victims destitute.

Read more here: Youngest African American CEO Ephren Taylor for Ponzi Schemes

Pay gap persist for African Americans

2 Aug

African-American workers continue to earn far less than whites, according to statistics released by the U.S. Census Bureau. Read more here:
http://aareports.com/2010/08/pay-gap-persist-for-african-americans.html

Why Forbes Magazine believes Lebron James will be a NY Knick

22 May
Forbes Magazine: Lebron James will be playing for the New York Knicks because this January they became the only franchise that can use their stock as currency.