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The Voice of the Black Community
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Being a go-getter comes at a cost
Wednesday, May 27, 2015
DURHAM – Consider yourself a go-getter? Are you always one of the first ones to finish projects at work? Your reward could be…more work. A Duke University Fuqua School of Business research team found that employees who know how to “get things done” often find their workload heavier than others. “It is clear that it is great
Blacks least likely to get business loan
Wednesday, May 27, 2015
WASHINGTON – Black-owned businesses face tougher challenges than other groups when seeking bank loans, according to a new study by the Gallup polling company commissioned by Wells Fargo. Nearly half (47 percent) of black-owned businesses operate in the South, and the study found that 77 percent of black business owners use personal cash to finance
Black unemployment in single digits
Wednesday, May 20, 2015
WASHINGTON – The black unemployment rate fell to single digits (9.6 percent) in April for the first time since President Barack Obama was elected in 2008. Despite the improvement, the black jobless rate is still double the unemployment rate of white workers, which has remained flat since February at 4.7 percent. Valerie Wilson, the director of the
Credit invisible’ consumers mostly black and Latino
Wednesday, May 20, 2015
When it comes to consumer finance, traditional lenders usually review credit scores before reaching a decision. In general, the higher a consumer’s credit score is, the lower the cost of credit they will pay. Conversely, the lower one’s credit score, the higher the cost of credit and interest will likely be. Whether applying for a credit
Wednesday, May 20, 2015
RALEIGH CHAMBER The next Business After Hours is June 2, 5:30 to 7 p.m. at Marshall Park Apartments, 3950 Fairsted Drive. RSVP by May 26 to 664-7063. • June 25, 11:30 a.m. to 1:30 p.m. – State of the City and County, Marriott Raleigh City Center, 550 Fayetteville St. RSVP by June 22 @raleighchamber #SOTCAC. MORRISVILLE CHAMBER • May 28,
Contract expires this week for NC postal workers
Monday, May 18, 2015
RALEIGH – North Carolina postal workers have more on their minds than the heavy load of Monday mail. The American Postal Workers Union contract is set to expire this Wednesday. Postal worker Deborah Smith says it's a tough time for postal employees. "They are so stressed out because of all the ups and downs, never knowing from one day to the next
Financial predators target active-duty military members
Thursday, May 14, 2015
The men and women who wear our nation’s uniform are expected to defend our nation at home and abroad. Yet when it comes to financial services, service members are not always been protected in return. The 2006 Military Lending Act was enacted with broad and bipartisan support as a remedy to predatory lending that diminished military readiness. The
Women win with $12 minimum wage
Thursday, May 14, 2015
RALEIGH – Momentum is building to raise the federal minimum wage, and a new analysis shows working women in North Carolina and other states would benefit the most. Last week, the Raise the Wage Act (SB 1150) was introduced in the U.S. Senate. It would increase the federal minimum wage to $12 per hour by 2020. The Center for American Progress
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McCrory vetoes 2nd bill in as many days

RALEIGH – Governor Pat McCrory vetoed his second bill in two days Friday, this time a

Over medicating children in foster care

On any given day, nearly one in four children in foster care is taking at least one psychotropic

The transformation of Steph Curry

I've lived in Charlotte with my family now for the past 15 years and owned season tickets to the