Author: Eric P. Wolf
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The Fed says unemployment will rise. Here’s who economists say would lose their jobs first.
The Federal Reserve stepped up its fight against inflation this week, instituting a major rate hike and saying more are likely to follow. These measures will ... -
Latino Donor Collaborative appoints Equitable Holdings executive José Ramón González to its board of directors
LOS ANGELES, September 24, 2022–(BUSINESS WIRE)–The Latino Donor Collaborative (LDC) – an independently funded 501(c)(3) nonprofit organization and think tank dedicated to reframing and advancing a ... -
Migrant bus: Venezuelans in Chicago saw signs of humanitarian crisis months before political collapse
The voice is the Spanish language section of the Sun-Times, presented by AARP Chicago. When Rafael Briceño Colmenares arrived in Chicago one freezing January night, all ... -
Treasury awards $8.2 billion to financially underserved communities
Vice President Kamala Harris and Treasury Secretary Janet Yellen were joined by members of Congress on Wednesday to announce the distribution of $8.28 billion from the ... -
BayCoast Invests in Small Businesses of Color Fund
Swansea-based BayCoast Bank has joined Boston Children’s Hospital and the Dana-Farber Cancer Institute to fund an initiative that will invest in businesses owned by Black, Latino ... -
CFPB report signals end of home refinance boom
The Consumer Financial Protection Bureau (CFPB) released its 2021 Mortgage Market Activity and Trends Report on Monday, which covers residential mortgage activity and trends for the ... -
Chispa and Voto Latino come together to encourage Latinx voters to register and vote
Health care, immigration, jobs and the economy are key issues for Latino singles as the midterm elections approach DALLAS, September 20, 2022 /PRNewswire/ — Chispa#1 dating ... -
Attorney General Alleges Haverhill Car Dealership Charged Blacks, Latinos More For ‘Additions’
The Massachusetts Attorney General’s Office has filed a lawsuit against a Haverhill car dealership for allegedly charging black and Latino customers more for “additional” products when ... -
Your Weekly Guide to the Arts
To note: In particular, you can help the artistic sector by attending the starry evening events below and, while you’re at it, take a 3-minute Americans ... -
Minority Business Development Agency Honors Winners of 2022 MED Week Awards
Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. Washington, DC, Sept. 18, 2022 (GLOBE NEWSWIRE) ... -
Bloomberg Philanthropies launches racial wealth gap database
Bloomberg Philanthropies has launched an interactive racial wealth disparity database aimed at increasing black wealth accumulation. Why is it important: Two years into a nationwide toll ... -
State Street Launches Hispanic Equity in the Workplace of Tomorrow Certification Program
In the spirit of promoting State Street’s 10 Actions to Combat Racism and Systemic Inequality in the American Workplace, State Street, one of the world’s leading ... -
Biden avoids student debt relief plan, ignoring it in major speeches
President Biden barely mentioned his massive plan to forgive student loans in speeches to friendly, Democratic audiences, avoiding the contentious issue as the midterm election season ... -
Higher interest rates are a disaster for racial housing gaps
According Urban Institute authors Michael Neel and Daniel Pan, the current environment of rising interest rates has important implications for the wealth gap between white and ... -
New program seeks to build Hispanic businesses
DENVER, Colorado — Across the country, there’s pressure to increase the number of Hispanic business owners. The census reports that 19% of the country identifies as ... -
What’s on the minds of Latino voters in Colorado heading into the midterms?
Nearly 60% of Latino voters polled across Colorado say they think the United States as a whole is headed in the wrong direction, and half of ... -
From consumers to producers, from employees to employers: Latino Economic Development Corp. opens its headquarters in Springfield
SPRINGFIELD – Partners for Community and Latino Economic Development Corp. opened the company’s new headquarters in western Massachusetts yesterday. “We are Main Street USA,” said Andrew ... -
Celebrate Hispanic Heritage Month 2022 with us!
This fall, we are celebrating Hispanic Heritage Month from September 15 to October 15, recognizing how important we are united by our heritage. The festivities begin ... -
Survey Reveals Difficulties for Hispanics Achieving Financial Stability
Consolidated Credit’s mission is to help families solve their financial crises through financial education, credit counseling and debt management programs. “Shopping online can be convenient, but ... -
Bank of America targets Miami with ‘zero down payment’ mortgage program
Banks are trying to make home ownership easier for some Miami residents. What is happening: Miami is one of five cities where Bank of America recently ... -
Latinas at the forefront of fight for fast food workers
On September 5, 2022, Labor Day, California Governor Gavin Newsom announced the signing of the Fast Food Accountability and Standards Recovery Act (AB 257), a victory ... -
Volunteers for Friendship Christian Center, LDS Church, NCNW, Tidewater Investments, Help needy children with school supplies
By Tanya Dennis On July 1, Governor Gavin Newsom signed the Safer Streets for All Act, which aims to protect all people from discriminatory arrest and ... -
“When Hiring Slows, Black Workers Are Pushed So Far They Quit”: Why Fed Rate Hikes Threaten Black Workers
By Zoe Han Black workers are usually the first to feel the ill winds of a cooling labor market Ingrained discrimination and family demands mean fewer ... -
Mortgage lenders expand loan programs for minorities
Some mortgage lenders have expanded their home loan programs to make it easier for low-income people and minority communities to become homeowners. Earlier this year, a ... -
Republican lawmakers voice concerns over limited investor access
Republican members of the House Financial Services Committee’s Investor Protection, Entrepreneurship and Capital Markets Subcommittee urge the Financial Industry Regulatory Authority (FINRA) not to limit the ... -
How Biden’s Student Loan Forgiveness Plan Could Affect You
by Guy Oron (This article originally appeared on Real Change and has been reprinted as part of an agreement.) On August 24, President Joe Biden announced ... -
Bank of America to fund low-income black and Latino financial institutions
Two national coalitions of minority-led community development financial institution (CDFI) leaders are set to receive $25 million in funding from Bank of America. The National Alliance ... -
COVID has increased Latinas’ responsibilities at home while limiting their ability to work
Omar Lopez/Unsplash Key points to remember: Leaving the labor market. Latinas were more likely than any other group to quit their jobs during the pandemic, in ... -
A Tale of Two Mendozas: Evanston’s Powerful Latin Rulers
Often mistaken for each other, Stephanie Mendoza and Rebeca Mendoza both have ready smiles and dark, wavy hair, but the most striking trait they share is ... -
Hispanic Business Impact: Four Tips to Help Latino Business Owners Succeed
As we celebrate Hispanic Heritage Month this year, it’s a great time to recognize the many contributions of Hispanic small business owners. Wells Fargo is the ... -
California fast-food workers could see wages hit $22 an hour next year
California Governor Gavin Newsom on Monday signed a nationwide landmark measure giving more than half a million fast food workers more power and protections, despite objections ... -
Experts say Bank of America’s homeownership pilot program doesn’t go far enough: NPR
A vehicle drives through a residential area of Los Angeles. Frederic J. Brown/AFP via Getty Images hide caption toggle caption Frederic J. Brown/AFP via Getty Images ... -
Arsht-Cannon Fund awards $575,000 to nonprofits serving Latinos
The Delaware Community Foundation’s Arsht-Cannon Fund continues its work to expand educational opportunities for Delaware’s growing Latino community with nearly $10 million in nonprofit grants over ... -
State of Jefferson, ¡HICA! partner to recruit and train the next generation of Alabama linemen
A new class of Jefferson State Community College students are ready to enter the workforce with skills that will put them in demand to support the ... -
Bank of America’s Loan Program for Black and Latino Neighborhoods Isn’t ‘Explicitly Racist’
Bank of America is causing a stir with the launch of a new program that provides loans to “low-income” first-time homebuyers in select cities and, in ... -
Bank of America pilots no down payment mortgages
A photo illustration of Bank of America CEO Brian Moynihan (Getty Images) Bank of America is trying to bridge the disparity between black and white homeowners ... -
Covington Donates ARPA Funds to Four Nonprofits to Ease the Impact of the COVID-19 Pandemic on Families
The first thing that struck Andy Brunsman at the start of the COVID-19 pandemic was how many new faces showed up asking for help at Be ... -
LiftFund President and CEO Lives a Life of Service
Janie Barrera believes she is doing God’s work, but certainly not in the way she originally envisioned. The Corpus Christi native became a nun with the ... -
For women of color in care work, racial and economic inequalities abound, report finds
The pandemic has glaringly exposed this “often overlooked backbone of our social and economic structure,” the report notes. Child care centers closed, nursing homes were overrun ... -
Department of Education cancels $1.5 billion in loans for Westwood College students
The Department of Education announced on Tuesday that it would forgive $1.5 billion in student debt for 79,000 students who attended the old Westwood College. The ... -
STOCK MARKET NEWS: Dow, S&P, Nasdaq struggle, Twitter hits back at Musk’s jumps, Bed Bath & Beyond
Symbol Price To change %To change USO $78.69 2.84 3.74 CLC $164.63 1.22 0.75 XOM $100.12 2.25 2h30 Oil prices fell on Tuesday, paring some gains ... -
The Truist Foundation awards $2.25 million to Black and Latino entrepreneurs
On August 25, 2022, The Truist Foundation announced a new $2.25 million grant to the Community First Fund, a non-profit organization that supports low-income communities and ... -
New York starts taking requests to sell recreational pot
ALBANY, NY – New York State began accepting applications Thursday to open its first legal recreational pot stores, taking a new approach by reserving the first ... -
Black Americans feel disproportionate pain from high interest rates
The federal government’s efforts to contain inflation have a disproportionate impact on black Americans. The Federal Reserve has raised interest rates in hopes of cooling a ... -
Warren Buffett’s company discriminated against black home buyers in Philly, NJ, Delaware
NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s firm discriminated against potential black and Latino home buyers in Philadelphia, New Jersey ... -
What we know (and what we don’t know)
Under a new plan announced by President Joe Biden, many Americans can get up to $10,000 in federal student loan debt forgiven. This amount increases to ... -
Reports: California homicides and violent crimes increased in 2021
LOS ANGELES (AP) — Homicides in California rose again last year — as did other violent crimes — amid growing frustration as the state’s top Democrats ... -
Chase Banking will now offer a mentorship program for black and Latino entrepreneurs
Small business owners and entrepreneurs get a unique opportunity through Chase Banking. The company announced that for the second year in a row, it will launch ... -
Binghamton University students react to student loan forgiveness
On Wednesday morning, President Joe Biden announced a student loan cancellation plan for many students, and students at Binghamton University had a strong reaction. The Biden ... -
2022 primary elections: Florida, New York and Oklahoma state primaries kick off
Democratic showdowns and progressive challenges headline primaries in Florida and New York A number of high-profile showdowns between Democrats are taking place Tuesday as voters head ... -
How the Archer Avenue Custody Changed – Chicago Magazine
Archer Avenue, the diagonal street that runs through Chicago’s southwest side from Chinatown to Garfield Ridge, is perhaps the city’s most historic thoroughfare. There is a ... -
Ohio State, Michigan will play an outdoor hockey game at FirstEnergy Stadium
This February, Rocket Mortgage FieldHouse won’t be the only place to catch a hockey game in Cleveland. The Ohio State and Michigan ice hockey teams will ... -
Report Offers Ways Minnesota Meat Processors Can Replenish Diminished Workforce – Agweek
(Editor’s note: This is the first in a two-part series on meat processing in Minnesota. Next week’s article will focus on succession planning for meat processing ... -
¡10th Anniversary Tapas! event to celebrate the first decade of Scholars Latino Initiative
AFP Last update: 12:14 p.m., August 21, 2022 The Harrisonburg-based nonprofit Scholars Latino Initiative celebrates its first decade with an event named ¡10th Anniversary Tapas! The ... -
“We feel like our dreams are slipping away from us” – The Journal
Roberta Villalobos and her husband, whose real names I hide for privacy reasons, started looking for a house to buy in Durango more than two years ... -
How the Inflation Reduction Act Affects Food and Agriculture
Black farmers “are going to have to do paperwork to document the discrimination that has happened, but we can fix it,” said Lloyd Wright, a retired ... -
Brand battles: Trader Joe’s takes on “Trader Bo’s” TM
By Tiffany Hu (August 19, 2022, 6:30 p.m. EDT) – In the latest roundup of new Law360 actions before the Trademark Trial and Appeal Board, grocery ... -
Harlem’s Marcus Garvey Village is set to open in 2024
Harlem’s Marcus Garvey Village, a future 18-story, 330-unit affordable housing complex with an LGBTQ center, was originally slated to open in 2022. The pandemic, inflation, high ... -
Lawmakers Propose Change to Homeowner Credit Checks | News, Sports, Jobs
D-Valley Stream Congresswoman Michaelle Solages is pictured during the recent opening of the new Long Island Rail Road extension. A Long Island ... -
As Silicon Valley seeks to cut spending, service workers fear they will be the first to go
Service workers at Silicon Valley tech giants fear that as companies cut spending, they could be among the first to lose their jobs. “The frustration right ... -
Angeles Investors will recognize top funders and venture capitalists investing in Hispanic and Latino startups with the 2022 Angeles Estrellas Award
CHICAGO, August 18, 2022 /PRNewswire/ — Angeles Investors – the investment community that finds, funds and grows the most promising Hispanic and Latina businesses – is ... -
Low-income people and you may reside in minorities in the event of greater personal debt threats
Low-income people and you may reside in minorities in the event of greater personal debt threats People are trying to take on a lot more debt ... -
Talk of ‘inflation’ can backfire on brands, says Collage Group
Receive instant alerts when news is published about your stocks. Claim your one week free trial for StreetInsider Premium here. Washington, DC, Aug. 17, 2022 (GLOBE ... -
Data sheds light on health of SF schools
The first day of school usually offers students, teachers and administrators a fresh start, the year ahead full of possibility and hope. But as San Francisco’s ... -
Rantz: Seattle equity movement punishes white men for pushing race-based marijuana licensing
The Seattle City Council and Mayor are upset that too many “cannabis businesses are predominantly owned by white males.” They have a plan to tackle the ... -
“I don’t have many people visiting me” – You might be surprised to hear that your neighbor is hungry
My teenage son and I volunteered together for a local Meals on Wheels program in the summer of 2020 when COVID caused an increase in the ... -
Minnesota school districts feel high demand, fewer applicants leave vacancies
For most of Patricia Hand’s seven years as principal of Fridley High School, her team of teachers and support staff approaching September was assembled in mid-June. ... -
Phoenix bond committees to select funding priorities
Do you want a bigger Phoenix Children’s Museum? Should the city upgrade its facilities to be more environmentally friendly? Repair the roads? How the renovation of ... -
County to Host Second Round of Retail Rental Assistance Webinars
The county will host two webinars next week to provide information on the second round of the Small Business Rental Assistance Grant Programofficials announced. The $2 ... -
ELCA apologizes to Latino congregation abused by trans bishop
Presiding Bishop Elizabeth Eaton, leader of the Evangelical Lutheran Church in America, speaks at the ELCA Church Assembly in Columbus, Ohio, Tuesday, August 9, 2022. | ... -
How student loan debt affects the lives of Latino millennials
Placeholder while loading article actions As of March 2020, federal student loan repayments are on pause. With that pause scheduled to end on August 31, many ... -
Take out payday loans during inflation
Inflation in the United States hit its highest level in 40 years in June. Although the inflation rate eased slightly in July, consumers are feeling the ... -
The snowballing rental crisis in the United States spares nowhere and no one
A Las Vegas bartender struggling with a recent cancer diagnosis fears deportation. A young Tucson professional skips car payments to pay her higher rent. A researcher ... -
Editorial: The greener pastures of the recreational pot remain elusive for some
“New Mexico’s cannabis legalization policy must ensure equity and diversity, while reinvesting in the communities hardest hit by cannabis criminalization,” state officials Javier Martínez and Andrea ... -
Lutheran bishop issues public apology to Latin American congregation
Elizabeth A. Eaton, presiding bishop of the Evangelical Lutheran Church in America, on Tuesday issued a public apology to members of a majority congregation of Latino ... -
Blacks, Latinos and Native Americans feel inflation worse than their white peers: poll
Faced with the country’s worst inflation in four decades, black, Latino and Native American families are already having more problems with food, shelter and health care ... -
Dallas’ new responsible banking ordinance is a step toward racial equity
Before serving on the Dallas City CouncilI didn’t know as much about housing estates as I do now, but I knew a lot about life south ... -
Dermatologist visits are shorter for Asian psoriasis patients
MONDAY, August 8, 2022 (HealthDay News) — Asian patients with psoriasis receive significantly less face-to-face time with a dermatologist than patients of other races and ethnicities, ... -
Appraisers consistently undervalue these homes
Image source: Getty Images It is difficult to create generational wealth when a biased system erects roadblocks. Key points Homes in predominantly black and Hispanic neighborhoods ... -
Republicans, Latino voters and an eye on Nevada
There’s no better test this year of whether Republicans are making substantial inroads with once-solidly Democratic Latino voters than Nevada. Sen. Catherine Cortez Masto (D-Nev.), the ... -
Jacqueline C. Romero, Philly’s new American attorney is unlike any other in the region
Jacqueline C. Romero is unlike any American lawyer the Philadelphia area has seen before. The first woman of color to serve as senior federal prosecutor for ... -
New York-based Latin organization in the trenches over Puerto Rico’s billion-dollar debt
As many took advantage of a hot summer Saturday on August 6 following a heat wave across the United States, a New York-based organization of about ... -
Racial Equity and Community Partnership Grants Awarded
Northwestern announced that nine community projects will be funded this year through the Racial Equity and Community Partnerships Grants program. Launched in 2021, the program is ... -
Chicago icon Myrna Salazar, co-founder and executive director of the Chicago Latino Theater Alliance, has died
Myrna Salazar, co-founder and executive director of the Chicago Latino Theater Alliance died Thursday, August 3, 2022, two weeks after celebrating her 75th birthday. Salazar will ... -
Attitude Ventures closes $100 million fund to support Latino founders of early-stage startups – TechCrunch
JPMorgan is the lead investor in the fund, which counts former United Airlines CEO Munoz among its partners. Early Stage Latino Founders US-based companies have just ... -
DISH NETWORK CORP MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q)
You should read the following management's discussion and analysis of our financial condition and results of operations together with the condensed consolidated financial statements and notes ... -
New Mexico teachers leave class to open marijuana dispensary
A group of middle school teachers in Albuquerque, New Mexico, decided during a happy hour late last year to quit their jobs and open a cannabis ... -
Meet David Mongeau, Director of UTSA’s New School of Data Science
David Mongeau calls himself an “accidental technologist”. As an undergraduate at Carnegie Mellon University, the director of UTSA’s new School of Data Science majored in poetry. ... -
The management team of Warner Bros. Discovery is outraged by diversity
Lawmakers and advocacy groups say the personnel changes have heightened concerns that Discovery is bringing in its poor diversity record since its merger with WarnerMedia in ... -
Before and after Odebrecht or Panama
Panama City/Prensa Latina by Mario Hubert Garrido Chief correspondent of Prensa Latina in Panama This month of September will mark the final closure of the trial ... -
Shapiro tours Latino businesses in North Philly and speaks with local landlords in final campaign stop
Pennsylvania Democratic gubernatorial candidate Josh Shapiro visited some of the Latino-owned businesses in North Philadelphia on Friday, July 29, hoping to learn more about what can ... -
Trident mortgage discriminates against black and Latino buyers
Trident Mortgage Co., owned by a billionaire Warren Buffett, discriminated against black and Latino homebuyers in three states, according to the Department of Justice (DoJ). In ... -
As contracts are canceled, the boiling Dallas-Fort Worth housing market could cool down
As more and more people have moved to Dallas-Fort Worth in recent years, particularly during the pandemic, the booming housing market has shown few signs of ... -
The ramifications of the Great Depression redlining are still being felt today
A study by the Cook County Treasurer’s Office finds that 80-year-old racist, government-sanctioned housing policies continue to hurt low-income, mostly minority communities across the county. The ... -
Berkshire Hathaway unit settles US mortgage redlining fees
July 27 (Reuters) – A Pennsylvania mortgage company owned by Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) has reached a $24.4 million settlement to resolve U.S. government ... -
Media News: PRISA Media Forges New Alliance with Major Latin American Media to Jointly Target US Advertising Market | Economy and business
Prisa Media, Clarin (Argentina), Trade (Peru), Milénio/Multimedia (Mexico) and time (Colombia) have joined forces to launch +MAS Audiences, an innovative programmatic advertising platform that connects advertisers ... -
Latina law graduate rewarded for her hard work
The Hispanic Women of Distinction Charity Luncheon was a place of recognition for young Latina professionals who demonstrate leadership qualities and dedication to their communities. Arlette ... -
Illinois issues 149 conditional cannabis licenses for social equity
Illinois officials released on Sunday 149 conditional adult dispensary licenses to social equity applicants – the first time the state has issued a full ... -
Legacy of Redlining continues to ravage communities of color | Chicago News
Vacant lots and abandoned homes have long plagued black and brown communities on the south and west sides of Chicago. They are a stark and visual ... -
VA Loan Program Empowering Veteran Women of Color, Even in a Tough Housing Market
SAN ANTONIO – Marisol Deck met the love of her life in the Air Force. She served for nearly four years and Master Sgt. Christopher Robert ... -
Winners and Losers of the Week in Florida Politics – Week of 7/17/22
Voting is an integral part of politics; as experts, we can sometimes focus on them. But we do so at our own risk. I don’t blame ... -
Inflation will wreak havoc on the working class
Worker in a garment factory, tired of having to spend long hours to make ends meet because of … [+] rising prices due to inflation. Getty ... -
Versa Clark: a local company
Versa Clark | Special for the Times Recently I watched a video of local economic development officials with genuine concerns about how to move the region ... -
Georgia counties say Wells Fargo Fair Housing Suit isn’t too late
By Jon Hill (July 22, 2022, 8:50 p.m. EDT) – Three Georgia counties suing Wells Fargo over allegedly discriminatory home lending and foreclosure practices are working ... -
DOJ opens environmental justice investigation in Houston for dumping
Comment this story Comment The Justice Department opened an environmental justice investigation Friday into allegations that the city of Houston failed to respond fairly to reports ... -
In line with the real estate commission, the judge rejects the request for arbitration
Looking back to 2022, the biggest real estate story may be a market downturn. But it could be a story that transcends economic cycles: a lawsuit ... -
PayPal Announces New Employee Incentive Grants
Going forward, the global fintech market is expected to grow at a compound annual growth rate (CAGR) of approximately 19.8% between 2022 and 2028, says Vantage ... -
The Redlining Ramifications of the Great Depression are still felt today
A study by the Cook County Treasurer’s Office finds that 80-year-old racist, government-sanctioned housing policies continue to hurt low-income, mostly minority communities across the county. The ... -
Most Texans don’t want to make medical abortion a crime, poll finds
AUSTIN — About six in 10 Texans oppose the idea of continuing a crackdown on abortion with additional laws that would criminalize the use of an ... -
‘Urban Decay’ Created by Segregation Fueling Poverty and Population Loss on South and West Sides: Study | Chicago News
A residential street in Wicker Park in Chicago. (WTTW News) There’s a straight line between the scaffolding of modern segregation and the tens of thousands of ...
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