Business
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Can Black-Owned Banks Compete in a Digital Economy?
Technology has become an essential tool for Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs). Yet CDFIs and…
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Wells Fargo Fulfills Commitment to Invest $50 Million in 13 Black-Owned Banks
Wells Fargo & Company announced Monday it has finalized investments in two additional African American Minority Depository Institutions (MDIs): The…
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Local Women Launch Black Business Marketplace HellaBlack
Three local women have launched a new technology company that focuses on connecting Black businesses with Black consumers who consciously…
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Nicole Elam Named President, CEO of National Bankers Association
A former official with the NAACP Legal Defense and Educational Fund and the NAACP's Washington bureau has been selected as…
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McDonald’s Announces Increased Spending with Minority-Owned Media
McDonald's USA announced Thursday new investments to further reflect its diverse customers, crew members and communities in its marketing.
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SBA Administrator: ‘Billions of Dollars’ Still Available for Minority, Small Businesses
The Biden administration has continued to work to ensure that the Small Business Administration (SBA) supports communities disproportionately affected by…
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FCC Enacts Discounts on Broadband Service, Computers for Low-Income Families
For Americans struggling financially and not able to afford internet service, the Federal Communications Commission (FCC) has kicked off the…
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Petition Demanding $2,000 Monthly Stimulus Checks Garners More than 2M Signatures
A petition calling for an additional $2,000 per month in stimulus checks for households and individuals now boasts more than…
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Bank of America to Raise Minimum Wage to $25 an Hour by 2025
Bank of America announced Tuesday that it is raising its minimum hourly wage to $25 by 2025 — a 121%…
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Coal Power to Increase for First Time Since 2009 as Economy Heats Up
With lockdowns and travel restrictions ending, the American economy is expected to consume more electricity this summer, government officials forecast,…
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