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Banking on Our Own

It’s expensive to be black in America. Recent studies and lawsuits prove we are overcharged for virtually everything. We are charged more for insurance, loans and mortgages than most of our racial counterparts with similar income, employment and credit backgrounds. Why does Wall Street get away with this? Because, black Americans don’t invest in black-owned banks.

Get Creative With Compensation

When Stephany Deberry opened her first Simply Salads and Smoothies restaurant in Leesburg, Virginia, limited funds left her with a dilemma. "You have all these dreams, but then you realize it's very difficult to grow a business when you're the only employee," says DeBerry, who launched the company in February 2005. The ability to offer competitive salaries was out of her reach, so she got creative

A Path to Recovery for Black America

A Path to Recovery for Black America

Under the banner, “20/20 Vision: A Look Ahead at Black America in the Next Economic Boom,” the event brought together business leaders, policy makers, economists and entrepreneurs to discuss issues vital to the future of African Americans and the nation as a whole: jobs and workforce readiness; small business and innovation; and financial reform and wealth building.. The dialogue resulted in a series of policy recommendations directed to the Obama Administration as well as strategies for black-owned businesses, trade associations and other organizations shaping future plans.

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