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Number of Black-Owned Businesses Increased by 61%

Number of Black-Owned Businesses Increased by 61%

The number of black-owned businesses increased by almost 61% between 2002 and 2007, according to a report released Tuesday by the Census Bureau. Receipts of these businesses totaled $137.4 billion, up 55% from 2002, compared with receipts of all U.S. businesses rising by 34% to $30.2 trillion.

Recycling 202

Recycling 202

We all know how to recycle newspapers and water bottles. But when it comes to other items, “many consumers either don’t know they should recycle, or they’re not aware of convenient recycling opportunities in their local area,” says Jennifer Boone Bemisderfer, a spokesperson with the Arlington, Virginia-based Consumer Electronics Association. But many organizations, manufacturers and retailers are making recycling easier, and some, such as New York-based RecycleBank, provide an added incentive. By mailing in recyclable products such as cell phones, MP3 players, and laptops, consumers receive points that can be redeemed for discounts at local and national retailers. “We’re rewarding people for greener actions,” says Melody Serafino, a spokesperson for RecycleBank. Here’s how to recycle some other less common household items.

Millennials: The New Breed of American Worker

Millennials: The New Breed of American Worker

Betts is one of 75 million people born after 1980 known as Millennials. And though his career appears to be advancing well, statistics suggest that many of his professional peers, ages 18 to 29, may not be as fortunate. Full-time employment for this group has dropped from 50% in 2006 to 41% in 2010, but the economic outlook for this group is encouraging. Described as a generation that is resilient and optimistic about their futures, Millennials--according to a recent Pew Research Center survey that surveyed 2,020 older adults and Millennials in January on their political and social values, lifestyle, digital technology, and social media habits--are on track to become one of the most educated generations in America’s history.

The First African-focused Mutual Fund

By now, nearly every American investor knows about the potential opportunities in the emerging markets of BRIC countries (Brazil, Russia, India, and China) and Latin America. What’s driving the growth potential, economists argue, is that countries with large populations and abundant natural resources are generating economic growth and nurturing consumer advancement toward the middle class. That movement, in turn, feeds outsized economic expansion. The very same dynamics are unfolding on the African continent, but rarely—if ever—are African countries mentioned as a place for U.S. investment. Larry Seruma wants to change that.

5 Job Hunting Mistakes Grads Can Avoid

5 Job Hunting Mistakes Grads Can Avoid

The authors of Your Career Game (Stanford Business Books; $24.95), Dr. Nathan Bennett, professor of management at Georgia Institute of Technology, and Stephen Miles, CEO coach and vice chairman of executive search firm Heidrick & Struggles, advise graduates on what not to do while job hunting. Miles offers five key points for graduates to keep in mind.

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