Tag: black latino
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Business and government can partner for a fair economic recovery
Running a small business has never been without its challenges. But COVID-19 has brought to light some stark disparities, as the hardest hit businesses during the ... -
New York’s first marijuana retail licenses are for convicted people
NEW YORK, March 10 (Reuters) – The first licenses to open New York’s newly legalized marijuana retail outlets later this year will be restricted to people ... -
Hurts Energy and the Environment – EPA Greenlights California Auto Standards
Welcome to the Wednesday Energy and Environment Night, your source for the latest news focused on energy, the environment and beyond. Subscribe here: thehill.com/newsletter-signup. Today we ... -
Warner & Kaine applaud $1.5m in federal funding for electric school buses – Royal Examiner
RICHMOND, Va. — The Virginia General Assembly passed a law that will allow principals to report certain student misdemeanors to law enforcement, overriding parts of a ... -
Loss of public jobs will widen CT’s race-gender pay gaps
Unions are stepping up efforts to reverse the shrinking state government workforce, arguing that the trend will exacerbate racial and gender disparities — especially with respect ... -
Some Virginia parents feared new legislation could lead to increased student referrals to police | News
The Virginia General Assembly passed a law that will allow school principals to report certain offenses committed by students to law enforcement, reversing parts of a ... -
Supporting BIPOC communities requires investing in BIPOC leaders
A new economy is slowly emerging, one where historically marginalized communities have self-determination and where we can build regenerative relationships with our planet and each other. ... -
JPMorgan Chase pledges $12 million to minority households
JPMorgan Chase announced that five organizations will receive philanthropic capital as part of the company’s five-year, $400 million commitment to improve housing affordability and stability for ... -
Representation Isn’t Enough: Study of Fortune 500 Black, Latino, and Latino Board Members Shows Companies Still Struggle to Achieve DE&I Goals, Despite Greater Board Diversity | Illinois
CHICAGO–(BUSINESS WIRE)–February 28, 2022– Data recently hailed by the ISS shows that non-white directors now hold about 50% more board seats of companies in the Russell ... -
Black entrepreneurs still face barriers to opening businesses | Colorado News
By MEGAN ULU-LANI BOYANTON, The Denver Post DENVER (AP) — When Courtney Samuel, who was born and raised in Denver, recalls teenage memories with her father, ... -
The Greenwood Project’s mission to create a more diverse Wall Street
Angelina Carreras, 20, a junior student at DePaul University in Chicago, recalls the intense four-week training she underwent last summer before working as a stock trading ... -
RTA must overcome ‘bureaucratic anxiety’, prescribe bold actions to save public transit – Streetsblog Chicago
On February 14, seven local transportation advocacy organizations sent a message to the Regional Transportation Authority, but it wasn’t a Valentine’s Day card. Rather, it was ... -
Students at 5 Chicago schools receive surprise college scholarships
Thousands of Chicago students — and their parents — will have a better chance of graduating from college with a comprehensive scholarship program announced Tuesday at ... -
Pennsylvania: Pay your fair share for clean water | Opinion
By Ted Evgeniadis and Tom Pelton Every year, the Pennsylvania state capital funnels an estimated 800 million gallons of sewage mixed with rainwater into the Susquehanna ... -
Renowned Indian-American engineer Sanjay Ramabhadran to be Houston METRO’s next president : The Tribune India
PTI Houston, February 19 Renowned Indian-American engineer Sanjay Ramabhadran has been named the next chairman of the Metropolitan Transit Authority of Harris County, becoming ... -
The child tax credit has saved millions from poverty – it needs to be expanded
In November, the US House of Representatives passed its version of the Biden administration’s Build Back Better Act. Without Senate passage, the Build Back Better Act ... -
Kean University’s Watson Institute lays the groundwork for New Jersey’s urban policy agenda
FOR IMMEDIATE RELEASE: Friday, February 11, 2022 Kean University’s Watson Institute lays the groundwork for New Jersey’s urban policy agenda UNION, NJ — The John S. ... -
Biases often steer minority professionals towards community development
On the lending side, minority professionals have gained positions of influence by mastering elements of the Community Reinvestment Act of 1977, the world of tax credits, ... -
Oh, How the Three Mighty Whirlwinds Fell – Chicago Magazine
A long, long time ago, in a far, far away Chicago, there was a triumvirate known as the “Three Eddies”: Edward Vrdolyak, alderman for the 10th ... -
Chicago-based lender is locked in by state cap on interest rates
For many people, the most important thing the Illinois Legislature did last year was pass the Predatory Loan Prevention Act. Gov. JB Pritzker signed the measure ... -
Reducing Regulations to Increase Fairness in the Legal Cannabis Industry – Orange County Register
When Californians voted to legalize recreational cannabis in 2016, supporters made a compelling promise. Proposition 64 would promote “social equity” by removing marijuana convictions from tens ... -
JPMorgan awards St. Paul $5 million nonprofit to help Black and Latino women-owned businesses grow
St. Paul’s Center for Economic Inclusion has been awarded one of six $5 million grants that JPMorgan Chase has awarded nationwide as part of the financial ... -
Austin will spend $65 million this year to reduce travel near future transit lines
Photo by Patricia Lim/KUT Wednesday, February 2, 2022 by Nathan Bernier, KUT The City of Austin is preparing to spend $65 million this year to prevent ... -
Mentoring Organization and Minority-Owned Coffee Startup Join Forces to Empower DC Youth Through Social Entrepreneurship Competition
The DC-based organizations run a mentorship and entrepreneurship program to empower underserved youth to succeed through educational opportunities. Founders and Farmers of Black & Brown Coffee ... -
A transformative Green New Deal requires inclusive manufacturing
(Nitat Termmee/Getty Images) To subscribe to The nation Subscribe now for as low as $2 per month! Thank you for registering for The nationweekly newsletter. Thank ... -
Connecticut’s economic future depends on tomorrow’s college graduates
We have learned hard lessons during the pandemic. Although it looks and always looks like the difficult year we wish we could leave behind, January represents ... -
“Hey, Biden, do you want to close the racial wealth gap?” Cancel student loan debt. Here is a pen. | Calavia-Robertson
As a second-generation Latina and the first in my family to go to college, I remember when I was hustling just to be able to afford ... -
CCC president troubled by ‘predatory funding deals’ | News
The chairman of the Cannabis Control Board raised concerns Thursday about what he called “predatory funding deals” offered to entrepreneurs and businesses in communities disproportionately affected ... -
Mayors say they don’t have tools to deal with homelessness
Plus, private mortgage lending still doesn’t serve black and Latino lenders, and more. Report finds mayors without dedicated staff rely on police to manage homelessness A ... -
Reverend King was a tireless champion of economic justice | Local News
On Monday, January 17, the nation will pause to honor the life of the late Reverend Martin Luther King, Jr. The only black American to be ... -
The madness of school openings as a zero-sum game
The omicron COVID-19 surge and its record number of pediatric infections and hospitalizations have reignited the debate over in-person schooling. A drumbeat of national commentary insists ... -
Chicagoan is committed to making affordable housing a reality
Bonita Harrison’s goal has always been to own 200 property units. As a residential developer, his mission was to create a noticeable change in a South ... -
Defeat of cannabis banks in Congress opens possibility of equity-centric approach (Op-Ed)
Leading Rhode Island lawmakers have said they are close to reaching agreement on a marijuana legalization bill they plan to introduce in a few days. But ... -
Refinancing in 2022: Why Many People Aren’t Refinancing – and Why They Should
PHILADELPHIA (WPVI) – With potential savings of hundreds of dollars each month, refinancing is something to consider right now as rates will rise later this year. ... -
Get Skills, Not Bills, on an Unpaid Internship | Lifestyles
SARA RATHNER NerdWallet.com Each summer, students flood desks as unpaid interns, soaking up their knowledge and seeking positive references while taking lunch orders and organizing storage ... -
Provide financial support to underserved groups
Accountants and other financial professionals who wish to better serve low-income and underserved communities can begin by understanding the barriers to access these groups face in ... -
New study from UH Law Center reveals racial and ethnic disparities in loan industry advertising
Professor Jim Hawkins and 3L student Tiffany Penner call for change in advertising practices and regulations HOUSTON, December 21, 2021 / PRNewswire / – A new ... -
Thinking of going a little green this vacation? Think local, think black and brown. | Calavia-Robertson
Jeff Bezos doesn’t need your money. And the Waltons – who own a controlling stake in Walmart – will do just as well without it. So, ... -
Why aren’t more people refinancing their home loans?
SAN ANTONIO – Nathaneal Soto and Jogenia Gonzalez wanted to take advantage of very low mortgage rates, so they refinanced their loan for huge savings. “Before, ... -
More than 450 groups urge Senate to pass Biden package ahead of vacation
Group of over 450 organizations call on Senate to adopt President BidenJoe Biden Publicist ‘not associated’ with Kanye West at time of election incident: Trump spokesperson ... -
Former state marijuana regulator outlines steps to ensure social fairness in the legal sector
A top Rhode Island lawmaker said on Thursday a bill to legalize marijuana in the Ocean State was nearing completion, with only one major provision to ... -
Key steps the Adams administration should take to protect unemployed New Yorkers looking for work
New Yorkers are asking for help (Photo: Gerardo Romo / City Council) When mayor-elect Eric Adams takes the oath in January, he will have to do ... -
Council approves plan for Upper East Side blood center
The project received support from Mayor Bill de Blasio, who said it was essential to making New York City the life sciences capital of the world. ... -
Morgan Stanley Announces “The Equity Collective,” a Diversity Collaboration Between 23 Wealth and Asset Management Firms | Business
NEW YORK – (BUSINESS WIRE) – November 17, 2021– Morgan Stanley today announced the launch of The Equity Collective, an industry-leading group of wealth management and ... -
Nicole Ndumele (point): Postal banking would help lift millions out of poverty and close the racial wealth gap | Columns
WASHINGTON – The U.S. Postal Service recently launched a postal banking pilot program that allows customers to cash paychecks and business checks up to $ 500 ... -
Start and grow a small business as a minority entrepreneur
(Photo credit: Adobe Stock) Have you ever dreamed of owning your own business? If so, you are not alone. In fact, you are among over 60% ... -
Crypto fails as money. Regulators can save it
Cryptocurrency has so far failed to wipe out government-issued money or spark the broader revolution envisioned by its most ardent enthusiasts. But what if the underlying ... -
More and more students start the school year late
Data shows pandemic does not affect all students equally or to the same degree BILLERIQUE DU NORD, Mass., November 4, 2021 / PRNewswire / – Fewer ... -
Goldman Sachs highlights diversity in new CEO class
By Matt Scuffham NEW YORK (Reuters) – Goldman Sachs Group Inc on Wednesday promoted 643 people to chief executive officer, the bank’s second-largest behind its partner, ... -
Questions about university debt? California prepares to respond
Credit: Andrew Reed / EdSource A student works on a computer in the quad area at California State University, Stanislaus. Credit: Andrew Reed / EdSource A ... -
Start and grow a small business as a minority entrepreneur – Sahan Journal
Have you ever dreamed of owning your own business? If so, you are not alone. In fact, you are among over 60% of Americans with the ... -
Racial justice is not achievable without housing justice
For too many Americans trying to achieve their goal of owning a home, hard work alone is not enough. America should be a nation where all ... -
From Memphis to the White House, this lawyer faces redlining and environmental injustice
LaTricea Adams speaking at the Young, Gifted & Green 40 Under 40 Awards Gala hosted by Black Millennials for Flint on September 13, 2021 LaTricea Adams ... -
Smith College to replace student loans with scholarships
NORTHAMPTON – Smith College became the last elite college to phase out loans under its undergraduate financial aid programs on Friday, replacing them with college grants. ... -
COVID-19 scams target blacks and other people of color
As the annual holiday shopping and celebratory season approaches, a leading federal financial regulator has released new research detailing how communities of color are being targeted ... -
Warnock pushes Medicaid expansion as equity issue amid Democrats’ battle for healthcare
Senator Raphael WarnockRaphael Warnock Democrats disagree with Manchin over child tax credit provision (D-Ga.) Implored his colleagues to include legislation expanding Medicaid as his party quickly ... -
Can Homeownership Really Close the Racial Wealth Gap?
The racial wealth gap perpetuates inequalities and prevents large swathes of American citizens from economic security and progress. Homeownership can be a reliable way to build ... -
Choice voting debate rages on as method spreads
The New York mayor’s first primary decided by preferential vote picked a favorite who led every round, even after a protracted tally marred by a reporting ... -
New York City to overhaul its gifted and talented school curriculum
(Bloomberg) – New York City announced on Friday that it would end its highly selective education program for the gifted and talented. The move marks a ... -
Opinion: The scourge of generational gun violence | Chroniclers
More children in Chicago have been shot this year than have died from the coronavirus in the United States. According to the Centers for Disease Control ... -
Golden Corral owner files complaint against Adirondack Trust
SARATOGA SPRINGS – Hotel and restaurant owner Niral Patel in Saratoga Springs has filed a complaint against Adirondack Trust Co. with the state’s Department of Financial ... -
Direct deposit loans and 11 quick cash alternatives
Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to ... -
Scary choices as Democrats debate cutting back on healthcare pie
WASHINGTON (AP) – Democrats are debating how to divide what may be a smaller portion of health care spending in President Joe Biden’s home policy bill, ... -
Latinos will drive economic growth, only demographic group to increase homeownership rate
After more than 10 years of saving, Joanna Flores finally had enough to make a down payment on her first home. Flores, a 35-year-old computer scientist ... -
COLUMN: A missed opportunity for the GOP | Columns
A few years ago, the GOP conducted a thorough review of its party and recognized that it had a problem recruiting minorities. Uh! For years, black ... -
Financial struggles for Latino farmers continue since debt relief freeze
MICHIGAN – Pedro Bautista loves blueberries. He smiles every time he talks about it. “I love arandanos,†Bautista said with a laugh during an interview in ... -
There is a large “valuation gap” between black and white homeowners.
The appraisal value of homes in predominantly black and Latino neighborhoods is often much lower than that of homes in predominantly white communities, according to a ... -
Community colleges selected by the Lumina Foundation for a national collaboration focused on creating equitable accreditation pathways for adults of color
Denver, September 22, 2021 (GLOBE NEWSWIRE) – The Colorado Community College System (CCCS) has been selected by the Lumina Foundation to join the Racial Equity for ... -
New study of 12 million reviews shows racial disparity
(Getty) A study by Freddie Mac of 12 million reviews showed a gap between ratings of homes in predominantly black and Latino areas and those in ... -
Why Black and Hispanic Homeowners Aren’t Refinancing Mortgages
Perhaps the biggest factor behind the lack of refinancing has been the Covid-19 pandemic, which has hit black and Latino communities much harder than other groups. ... -
New housing regulator could make American dream more accessible to millions of people
Homeownership is the most common way for Americans to build wealth during their lifetime. Updated September 18, 2021 at 10:52 a.m. ET The Biden administration is ... -
New housing regulator could make the American dream more accessible to millions of people
Updated September 18, 2021 at 10:52 a.m. ET The Biden administration is set to announce the appointment of a key regulator with broad powers to change ... -
New housing regulator could make the American dream more accessible to millions of people | DFA 90.7
Updated September 18, 2021 at 10:52 a.m. ET The Biden administration is set to announce the appointment of a key regulator with broad powers to change ... -
Gioconda Belli reflects on Nicaragua
Copyright 2021 NPR. To learn more, visit https://www.npr.org. LEILA FADEL, ANIMATOR: The Biden administration has a remarkable opportunity to reshape homeownership in America. In the coming ... -
Will Biden’s infrastructure plan correct years of inequality or make matters worse?
For this reason, there has never been a better time for progressive thinkers to advocate for increased spending on infrastructure. The Biden administration takes the opportunity ... -
Separate infrastructure: removal of urban highways can repair neighborhoods ravaged by racist policies
The US $ 1.2 trillion infrastructure bill currently passing through Congress will bring money to cities for much needed investments in roads, bridges, mass transit systems, ... -
Social equity in the marijuana industry remains elusive
Efforts to help blacks and browns succeed as cannabis entrepreneurs are not working, despite efforts in states where weed is legal to encourage diversity in ownership ... -
Removing urban freeways can improve neighborhoods ravaged by decades of racist policies
The $ 1.2 trillion infrastructure bill currently going through Congress will bring money to cities for much-needed investments in roads, bridges, transit systems, water infrastructure, grids ... -
Report: Concerns About Racial Lending Practices of SC Lenders
Movement Mortgage challenged a new report from a nonprofit newsroom that ranked it among the worst lenders for racial disparities. Jason E. Miczek www.micezkphoto.com A new ... -
Financial commitments to black America have failed
A Washington post Analysis of the financial pledges 50 of America’s biggest corporations made to black America last summer shows that these once-bold pledges have so ... -
Cryptocurrency Rises Among Black Americans and LGBTQ People
Cryptocurrency is increasingly popular among marginalized groups who feel rejected and abused by traditional financial institutions. According to a USA Today / Harris poll conducted earlier ... -
Hochul needs to make a lot of progress quickly
Incoming Governor Kathy Hochul has about a year and a half to make the state government work to repair the real damage Governor Andrew Cuomo has ... -
Analysis: Lightfoot’s Key Positions Have Not Keeped Up With Latinos’ Growth in Chicago | Latino voice | Chicago News
According to an analysis by WTTW News, Mayor Lori Lightfoot’s choices for key city positions during his first two years in office have not kept pace ... -
City Colleges to Offer Over 60 Free Short-Term Programs This Fall | Latino voice | Chicago News
A new initiative from the City Colleges of Chicago called Future Ready offers more than 60 free vocational training programs to city residents. The programs, which ... -
Congress Should Set Standards for Internet-Based Non-Banks
While traditional banks fueled the subprime mortgage crisis in 2008, new internet-based financial technologies – non-banks – now have a growing market share. Joe raedle Getty ... -
Small Minority-Owned Businesses in Richmond Need Better Pathways to Finance, New Report Says | Economic news
The population of the greater Richmond area is 29% Black and 7% Latino, but when it comes to small business ownership, only 5% is black and ... -
Cuomo comuppance and other comments
From left to right: Comeuppance de Cuomo “Seventy-four thousand documents, 200 interviews, 168 pages and five months after” State Attorney General Tish James began her investigation ... -
Michael Mechanic’s deep dive into the super-rich
IMAGE A GAME Monopoly in which you start with $ 500 and your opponent receives $ 2,000. They pass Go several times before you because they ... -
Housing challenges the next governor of Virginia will face
Contents Communities across Virginia face a variety of housing-related stresses. In the past year, house prices have risen by more than 10% in the state’s largest ... -
To save democracy, Biden and Democrats must stand up to “wealth supremacists”
You would think that President Biden and the leadership of the Democratic Party would do everything in their power to stop Republicans from undermining democracy. So ... -
Study: California ‘upzonage’ bill will not encourage mass redevelopment
A bill put forward by the California legislature to allow the construction of denser homes in single-family areas would likely produce an increase in the state’s ... -
Entrepreneurs of color are at the heart of our economic recovery from COVID-19
For centuries, small businesses owned by people of color have contributed to the fabric of innovation and economic growth in this country. Between 2007 and 2017, ... -
Low-income school districts receive “game changer” funding from the Student Opportunity Act. Will the success gaps finally narrow?
The Student Opportunity Act nearly doubles the state funding that the state’s poorest communities receive for each low-income student, from $ 4,600 to $ 8,800 per ... -
Cost of fighting COVID in California: $ 12.3 billion
© Provided by Patch By Barbara Feder Ostrov, CalMatters CALIFORNIA – The fight against COVID-19 in California has cost taxpayers at least $ 12.3 billion since ... -
Real estate boom pushes up selling prices in Chicago’s Chatham neighborhood
At the end of 2019, realtor Monique Washington told homeowners on South Champlain Avenue in Chatham that they could get around $ 215,000 for their home. ... -
5 ways artificial intelligence can harm the black community
Photo credit: Shutterstock / Tatiana Shepeleva In 1932, the English author Aldous Huxley published Brave New World, in which he describes a future world dominated and ... -
China curbs private tutoring to ensure fairer education for all
Illustration: Chen Xia / GT To ease academic pressure on Chinese students and allay parents’ fears of giving birth to more than one child and deal ... -
Legislative update from Senator Christine Cohen
By From the office of Democratic State Senator Christine Cohen, District 12 • 2/7/2021 9:59 am EST July 1, 2021: After a quick return to the ... -
Years of progress in closing the racial home ownership gap have been erased
A speech by Interim Federal Housing Finance Agency Director Sandra L. Thompson during an FHFA virtual listening session explained why closing the gap to sustainable homeownership ... -
Lack of broadband access can limit job opportunities, report says
The pandemic has shown how a lack of digital resources can negatively impact the way people work, learn and live their lives. However, gaps in broadband ... -
What explains the shortage of stocks in the United States
Editor’s Note: POLITICO Pulse is a free version of the POLITICO Pro Health Care morning newsletter, which is sent to our subscribers each morning at 6 ... -
The American real estate market is racist. Congress could easily help fix it if it wanted to.
Getty Black borrowers are 80% more likely to be turned down for a mortgage than white borrowers. The Fair For All Loans Act would establish a ... -
America’s real estate market is racist, Congress could easily fix it
Black borrowers are 80% more likely to be turned down for a mortgage than white borrowers. The Fair For All Loans Act would establish a new ... -
New York’s inequality issues are as big as the city’s next mayor will run
(Bloomberg) – In their campaigns for mayor of New York, top candidates Eric Adams, Kathryn Garcia and Maya Wiley pledged to reduce crime and repair social ... -
JP Morgan Wealth Management Launches HBCU Scholarships
After a mega-bank pledges to spend $ 30 billion to advance racial equity and hire 300 black and Latino financial advisors over the next five years, ... -
For a fairer marijuana industry, the state should fund loans
It took almost three years for Western Front, Chelsea’s premier recreational marijuana retail store, to open since the company was formed in early 2018. During that ... -
Your next client will likely be Hispanic
According to the State of Hispanic Property Report, some 8.3 million Latinos under the age of 45 are now “mortgage ready.” But that doesn’t mean they ... -
“The dollar you save today will save your butt tomorrow”
Rapper, businessman and activist Michael Render, known to the world as Killer Mike, has long been a strong advocate for black political and economic empowerment. Render ... -
VP Kamala Harris Announces $ 1.25 Billion for Community Lenders | Richmond Free Press
WASHINGTON Vice President Kamala Harris announced on Tuesday that the Biden administration is distributing $ 1.25 billion to hundreds of community lenders in an effort to ... -
“Building back better” starts with our buildings
No one should have to skip a meal or postpone buying necessary medications just to be able to afford an energy bill. And yet a shocking ...
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