Economy

PRESS ROOM: SunTrust Foundation Awards $2.7 Million in Grants to Winners of the 2019 Lighting the Way Awards

ATLANTA TRIBUNE — The SunTrust Foundation announced the winners of the 2019 Lighting the Way Awards, giving a total of $2.7 million in grants to 36 nonprofit organizations across the…

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Spelman College Receives Funding to Help Fuel the Field of Black Women Economists

ATLANTA DAILY WORLD — The Department of Economics at Spelman College will develop curriculum and programming to address the scarcity of Black women Ph.D.s in economics. thanks to funding from…

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Nigeria to Slash Funds For Essential Food Imports While Currency Crisis Looms

LOS ANGELES SENTINEL — Hard to imagine a steaming plate of Nigerian joll of rice without the rice. Or without fish. Or wheat. Rice, fish and wheat are Nigeria’s top three…

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Wells Fargo Announces $1 Billion Affordable Housing Commitment

NNPA NEWSWIRE — Candy Moore, the senior vice president and manager of Wells Fargo’s Community Relations and Southeast Community Development, told NNPA Newswire that the company will invest $1 billion…

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Groundbreaking Initiative Shows Pathway to Propel Black Homeownership

CHICAGO DEFENDER — While statistics may paint a grim picture of Black homeownership, a recent event in Baltimore laid out a clear path for turning those numbers around across the country.…

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Black businesse$, Black consumer$: A necessary alliance

NNPA NEWSWIRE — There are approximately 2.6 million Black-owned businesses in the United States. The number of Black or African American-owned firms grew 34.5 percent between 2007 and 2012— from…

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PRESS ROOM: Community Bank Launches Innovative Friends & Family Fund to Support Entrepreneurs of Color

CHICAGO DEFENDER — There is no shortage of great business ideas among communities of color but what they have historically lacked is the access to seed capital to launch their…

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“Save Energy, Save Dollars” plan asks City Council to pay for energy upgrades for poor

NNPA NEWSWIRE — Your home isn’t as energy efficient as you think it is. And if the City of Memphis and MLGW seriously want to ease the energy burden on…

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3rd Annual Imerge Innovation Event to be Held August 28 at Iron City

BIRMINGHAM TIMES — The Economic Development Partnership of Alabama (EDPA) is hosting its third annual imerge event Aug. 28, with a theme of “Alabama’s Next First.” This year’s imerge will explore…

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Another 100M Consumers at Risk from Capital One Data Breach

WASHINGTON INFORMER — A second major disclosure of major consumer data breach was announced on July 29 by Capital One Bank. That same day, the FBI arrested a suspect was charged…

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