In the United States, recent figures suggest that the wealthiest 10 percent of the population earn an average yearly income of over a million dollars, while the remaining 90 percent brings in just over $30,000. One-tenth of the population controls two-thirds of the country’s economic wealth.

In minimum wage debate, a battle over inequality and job loss

By Ramy Shour Contributing Writer WASHINGTON (Special to the NNPA from The Final Call) – In the midst of a nationwide movement for policymakers to

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Number of Black-owned television stations plummets to zero

By Joseph Torres and S. Derek Turner Contributing Writers (New America Media Com­mentary) — We just experienced a shameful milestone in the history of U.S.

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Business Archives

Study shows racial gap in pension, retirement savings
By Paul Kleyman Contributing Writer (Special from New America Media) – “People of color face particularly severe challenges in preparing for retirement,” states a new report titled, “Race and Retirement Insecurity in ...
RTA announces 2014 service changes
The Louisiana Weekly Staff Reports The Regional Transit Authority (RTA) has announced an increase in bus service starting January 5, 2014. The increase comes as part of the recent 2014 budget ...
Black unemployment rate drops slightly in November
By Frederick H. Lowe Contributing Writer ( – The seasonally adjusted unemployment rate for African-Americans dropped in November as the nation’s nonfarm payroll expanded by 203,000 jobs, which was stronger than what ...
Credit card debt higher for U.S. Black middle class, study finds
By Zenitha Prince Contributing Writer (Special to the Trice Edney News Wire from the Afro American Newspaper) – African Americans have been pummeled by the recent financial crisis, including facing the ...
Shop small and shop often: Why small businesses matter
By David T. Baker Contributing Writer For those shoppers too timid to brave the mania of Black Friday but eager to get in some holiday shopping before the digital convenience of Cyber ...
Reform law could pose major threat to Black banks
By Charles Ellison Contributing Writer (Special to the NNPA from The Philadelphia Tribune) – When President Obama signed the Wall Street Reform and Consumer Protection Act (otherwise known as Dodd-Frank) into ...
Fashion Fair goes after young audience
By Kelly Parker Contributing Writer “If it was great for your mothers and great for your aunts, what makes you think it’s not great for you?” That was the ...
Drilling for Tuscaloosa Marine Shale impacts rural parishes
By Susan Buchanan Contributing Writer In areas just north of New Orleans, drilling plans have accelerated in the Tuscaloosa Marine Shale or TMS deposit—estimated to hold seven billion barrels of oil—and ...

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