By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Income inequality is rising and it affects workers in every state, according to a new...
by Starla Muhammad Special to the NNPA from The Final Call (FinalCall.com) – While the overall economic picture generated optimism for some last year, as...
MARCY GORDON, AP Business Writer WASHINGTON (AP) — The House moved Tuesday toward approving a measure aimed at softening legislation responding to the 2008 financial crisis...
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – The unemployment rate for Blacks (11.4 percent) and Whites (5.3 percent) remained unchanged from July to...
By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA) – From the rubble of the Great Recession, women business owners are emerging victorious with record growth and...
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – When cash-strapped states in the South and Midwest slashed unemployment benefits after the Great Recession, claiming it...
WASHINGTON (AP) — A quarter of U.S. households say they’re “just getting by” financially, a survey by the Federal Reserve shows. The Fed issued the...
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – Black men are no better off than they were more than 40 years ago, due to mass...
The Associated Press WASHINGTON (AP) — Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains...
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – The Black unemployment rate hit a six-year low in June, dipping below 11 percent for the...
By Julianne Malveaux NNPA Columnist Judging from its June 18-19 meeting, the Federal Reserve is hedging its bets. It says the U.S. economy is on...
Media: Amy Hyland Jones 704-383-4995 Amy.hylandjones@wellsfargo.com Allison Chin-Leong 212-214-6674 Allison.chin-leong@wellsfargo.com Eight in Ten Millennials Say Great Recession Taught Them to Save “Now,” Wells...
(Bloomberg) — The U.S. Treasury’s bailout fund lost $11.2 billion on the rescue of General Motors Co. (GM) with the government’s exit of the largest U.S. automaker, a...
MEGHAN BARR, Associated Press NEW YORK (AP) — Glimmers of Occupy Wall Street will surface this week in a smattering of cities as activists join rallies...
By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – Many Black families, ill prepared to weather personal financial storms, lost their homes during the Great...
[New York Times] The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of...
CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — A sense of belonging to the middle class occupies a cherished place in America. It conjures images...
MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Once this year’s harsh weather has faded, the U.S. economy could be poised for a breakout year —...
By Marc H. Morial NNPA Columnist “The Federal Reserve Chairman is not only one of the most important economic policymakers in America, he or she is...
By Lee A. Daniels NNPA Columnist If home ownership is, overwhelmingly, the foundation of individuals’ and families’ economic security in America, Black Americans face a profoundly...
by Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – The Great Recession has had its greatest impact on African Americans, who saw their net wealth decrease...
[Fox Business] Yesterday, Barack Obama took the oath of office to begin his second term. He faces a different environment than he did when he became President...
By Marc H. Morial NNPA Columnist “We urge that a comprehensive jobs program be developed and executed by way of a partnership that includes government, the...
