Business & Economy

A closer look at the data and statistics reveals some of the reasons why the Black unemployment rate is always the highest. And they're far from the common perceptions that are often rooted in racism.

An August analysis from Morning Consult found that 10 percent of Americans did not have a checking or savings account. Another 24 percent of Americans are considered underbanked, that is they have a checking or savings account but have needed to use an alternative financial method in the prior year. The Morning Consult poll found that Black Americans make up 15 percent of both underbanked and unbanked individuals.  

Several surveys have shown that as many as half of unvaccinated workers insist they would leave their jobs if forced to get the shot, but historical data suggest they're just bluffing.

It looks like Jay-Z may be close to making the dream of Black ownership in the NFL a reality after new reports put him on a very small list of top contenders to purchase the Denver Broncos franchise.

Cash is phasing out, and getting familiar with a digital solution is definitely something to consider. ONE VIP is a great solution and open to anyone 18+ with a USA mailing address and valid identity.

New York City's historic Medgar Evers College will be offering the first-ever cannabis minor degree program to expand opportunities in the growing industry.

GoDaddy also booted an anti-abortion snitch website, saying the Texas Right to Life group violated its terms of service.

In yet another indication that Black America was being left behind by the country's economic recovery, the jobs report for August showed that the Black unemployment last month rate surged while joblessness for every other group fell.

Chris Alexander has been nominated for New York's Executive Director of the Office of Cannabis Management, and former Assembly member Tremaine Wright is nominated for the state's Chair of the Cannabis Control Commission.

The July jobs report is being hailed as "strong" in part because the Black unemployment rate dropped by a full percentage point, but economists said exponentially more Black workers "left the workplace" than those who were actually hired last month.

Senior Advisor to the president, Cedric Richmond, said the bipartisan infrastructure framework was designed to address issues disproportionately impacting Black and other communities of color.

Thanks to the new, expanded child tax credit, millions of American families woke up Thursday morning to find up to $300 for each of their young children directly deposited into their bank accounts.