We have to do what is necessary to help the community, and Chef Jonny Rhodes has come up with a way to do his part! Rhodes, who is from Houston, has converted his popular soul food restaurant, Indigo, into a grocery store. The store will give low-income families better access to high-quality food. The decision…
Category: Economics
How Black Businesses Are Adapting To The Coronavirus Crisis
Black entrepreneurs are more susceptible to the economic effects from COVID-19, but they’re finding creative ways to maintain.
Supreme Court hands win to Comcast in $20 billion racial discrimination suit
The Supreme Court handed a win to Comcast on Monday in a long-running racial discrimination suit brought by the black media mogul Byron Allen, who alleged the cable giant discriminated against him when it refused to carry channels operated by his television network, Entertainment Studios. In a unanimous opinion authored by Justice Neil Gorsuch, the…
Black-Owned Businesses Are Especially Hurt By Coronavirus As Stimulus Package Stalls
One of the more understated casualties from the sudden economic and social distancing effects of the coronavirus has been Black-owned businesses. An untold number of small businesses have been disproportionately hurt by the coronavirus crisis as the nation’s top elected officials struggle to agree on how to provide financial relief for companies and taxpayers alike…
Food Delivery Service ‘Black And Mobile’ Supports Black-Owned Eateries Amid Coronavirus Crisis
Black and Mobile has experienced a surge in deliveries and sales in Philadelphia and Detroit.
House Democrats Propose Widespread Student Loan Forgiveness
House Democrats unveiled a proposal to cancel student loan debt for millions of borrowers on Monday amid the coronavirus outbreak. The bill, called the Student Debt Relief Act, would cancel $30,000 in student debt for borrowers. The forgiveness would also be tax-free, meaning it would not be taxed as income. For those who owe more…
