Business

Small business owner optimism hits highest level in five years

(Special to the NNPA from The Washington Informer) – Small-business owners are the most optimistic they have been in five years, according to the latest

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Minimum wage jump good for low-income Blacks

By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) — Increasing the minimum wage to $10.10 by 2016 would lift nearly one million low-wage workers out

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Business Archives

Black unemployment rises to 12.1 percent
By Freddie Allen NNPA Washington Correspondent (NNPA) – The Black unemployment rate increased from 11.9 percent in December to 12.1 percent in January, according the Department of Labor’s latest monthly report.
Thousands of jobs coming to Cameron Parish with Sempra Energy expansion
By Fritz Esker Contributing Writer On February 11, the U.S. Department of Energy conditionally authorized Sempra Energy to export natural gas from its Came­ron Parish facilities, a decision that is expected to ...
Port of New Orleans realizes cruise passenger gains in 2013
Once again New Orleans is reporting record numbers for cruise passengers who set sail from the Port of New Orleans. Port cruise terminals handled 987,860 embarkations and disembarkations in 2013, ...
Home-grown Smoothie King gets naming rights to N.O. Arena
When it was time to finally find a company to buy the naming rights of the New Orleans Arena, the owner of the New Orleans Pelicans didn’t have to look ...
Banks bid farewell to payday loans
By Charlene Crowell NNPA Columnist More good news keeps coming for consumers in early 2014. On the heels of new mortgage rules that took effect January 10, the following week four ...
Internet Use: Class vs. race, but ‘digital divide’ continues
By Zenitha Prince Contributing Writer (TriceEdneyWire.com) — The digital divide between Blacks and whites may be more a function of class than race, according to a new Pew Research Center survey.
Poorer consumers feared negatively impacted by ‘net neutrality’ ruling
By Zenitha Prince Contributing Writer (TriceEdneyWire.com) — A federal court ruling on January 14 striking down “net neutrality” could forever change consumers’ access to the full Internet experience, ob­servers say.
U.S. retirement crisis has ‘racial component’
By Jazelle Hunt NNPA Washington Correspondent (NNPA) – More than three-fifths of Black working-age households – 62 percent – have no assets in a retirement account, according to a new study ...

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