Color Of Money

Jobless rate down for Black men, but up for Black women.  African American jobless rate is much higher than other racial and ethnic groups   By Frederick H. Lowe TriceEdneyWire.com The nation’s nonfarm businesses hired 192,000 workers in March, but the overall seasonally adjusted unemployment rate for African Americans rose to 12.4 percent compared to…

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associated press OKLAHOMA CITY — Cities in Oklahoma are prohibited from establishing mandatory minimum wage or vacation and sick-day requirements under a bill that has been signed into law by Gov. Mary Fallin (R-OK) Fallin signed the bill Monday that supporters say would prevent a hodgepodge of minimum wages in different parts of the state…

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BLACK PR WIRE WINSTON-SALEM, N.C.–The Wake Forest School of Business announced last week an agreement with the Ron Brown Scholar Program to participate in a shared commitment to promote and support opportunities for Ron Brown Scholarship winners and applicants to pursue graduate studies at the School of Business, including its nationally recognized Master of Arts…

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By Stephen Ohlemacher  Associated Press WASHINGTON — Republicans are the party of the rich, right? It’s a label that has stuck for decades, and you’re hearing it again as Democrats complain about GOP opposition to raising the minimum wage and extending unemployment benefits. But in Congress, the wealthiest among us are more likely to be…

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ABOVE PHOTO:  Sheriff Jewell Williams hands a check to Christine Woodard.   The Office of the Sheriff of Philadelphia City and County under the direction of Sheriff Jewell Williams, has already given back over $2 million to individuals legally entitled to funds left over after a property has been sold at sheriff’s sale. Among the…

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ABOVE PHOTOS:  Norm Bond and James Ololo, Co-Founders AfroWorld.org.   Looking to find an African consultant in Kenya or a Black psychologist in Kansas? Then visit www.AfroWorld.ORG and browse through the hundreds of Black professionals that are getting connected by using the site – and it’s free. Thanks to the visionary work of Kenyan entrepreneur James Ololo…

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ABOVE PHOTO:  Oprah Winfrey  (AP Photo/Elise Amendola, File)   Associated Press CHICAGO — Oprah Winfrey is selling Harpo Studios in Chicago to a developer, but the studio will remain on the property for another two years. Winfrey filmed “The Oprah Winfrey Show” at the studio from 1990 to 2011, when she ended the talk show…

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Estate planner shares tips for avoiding a 2008-style disaster during the ‘Distribution’ Years   After the 2008 economic meltdown, when the stock market fell 37 percent, veteran financial advisor Curt Whipple says he met with clients from outside financial institutions who’d lost 50 to 60 percent of their portfolio in a single year. “Almost no…

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Internet Essentials connects more than 1.2 million Americans to the power of the Internet at home   WASHINGTON, D.C. – Comcast Corporation Executive Vice President David L. Cohen last week announced the company will continue Internet Essentials indefinitely — beyond its initial three-year commitment. Internet Essentials is Comcast’s acclaimed national broadband adoption program for low-income…

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BPT Small businesses comprise approximately 50 percent of the total working U.S. population. In 2011, non-employer small businesses alone generated $989.6 billion total revenues, according to Business Insider. Small businesses are vital to a thriving local community, a successful national economy and credited with establishing an overarching entrepreneurial spirit. So is the American dream. Employer-based…

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