From BlackVoices.com: The New York Times recently wrote about the economic challenges of black residents of Memphis, Tenn. In the piece, the author describes how the recent recession, creating a double whammy of high unemployment and foreclosure, has created an unprecedented amount of financial hardship for African-American residents in the city. The median income of […]

MEXICO CITY – Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world’s richest person — a shift that underlines the loosening of America and Europe’s stranglehold on the top spots in the billionaires’ club.