U.S. Economy

The Black Voters Matter co-founder addressed the "disconnect" between reporting on the economy and people's actual economic state.  

Trump and his cronies have encouraged people to get back to work to boost the economy even if they die as a result, proving the only lives that ever mattered to them are their own. 

Despite the gaudy jobless numbers in November's jobs report, an apparent lack of so-called “good jobs” has resulted in a surge of hiring to fill low-wage positions, which negatively affects the Black unemployment rate.

WASHINGTON (AP) — Finally, a flicker of economic hope for President Barack Obama and his fellow Democrats, even if it’s a faint one. November’s sharp drop in the unemployment rate shows that jobs are finally moving in the right direction and suggests the economy is on firmer footing as the country heads into a presidential […]

As the sluggish American economy continues to limp forward, many Black Americans from the public sector are getting pink slips. These layoffs are eroding much of what is left of the Black middle class.  A recent article in The New York Times says: “Jobless rates among blacks have consistently been about double those of whites. […]

One of the first Black celebrities openly supporting the Occupy Wall St. movement was Russell Simmons. Unlike some celebs who stopped by the movement for a rebellious photo opportunity, Russell appears sincere to staying the course. Rich as he may be Russell recently told The Huffington Post : “It’s part of human kindness and I […]

Federal Reserve Chairman Ben Bernanke said Wednesday that the U.S. economy’s growth rate will pick up over the rest of 2011, to nearly 3 percent, according to projections presented to Congress. Bernanke says employment was significantly improved by the recent round of quantitative easing which injected another $600 billion dollars into the financial system, which […]