As the sluggish American economy continues to limp forward, many Black Americans from the public sector are getting pink slips. These layoffs are eroding much of what is left of the Black middle class. A recent article in The New York Times says: “Jobless rates among blacks have consistently been about double those of whites. […]
One of the first Black celebrities openly supporting the Occupy Wall St. movement was Russell Simmons. Unlike some celebs who stopped by the movement for a rebellious photo opportunity, Russell appears sincere to staying the course. Rich as he may be Russell recently told The Huffington Post : “It’s part of human kindness and I […]
Federal Reserve Chairman Ben Bernanke said Wednesday that the U.S. economy’s growth rate will pick up over the rest of 2011, to nearly 3 percent, according to projections presented to Congress. Bernanke says employment was significantly improved by the recent round of quantitative easing which injected another $600 billion dollars into the financial system, which […]
