#BlackGirlMagic is making moves and money.
(Businessweek) — For many Americans, thinking back to the days of 99¢ gas and 50¢ cups of coffee, it may be cathartic to grumble about how expensive life has become, especially during the current economic downturn. The reality, however, is that a lot of things aren’t as expensive as we think—and many things actually cost […]
(AJC) — Georgians continued to suffer above-average financial distress in the third quarter, according to the CredAbility Consumer Distress Index. Georgia scored 61.2 percent on the index’s 100-point scale, compared with 62 percent in the third quarter of 2009 and 61.4 [percent in the second quarter of 2010. A score below 70 indicates a state […]
They are a commanding force in the economy, but marketers are yet to understand them.
(TheLoop21.com) — Even before the Civil War, there was the Black entrepreneur, the foundation of a commerce that would flourish over the next 100 years. Its foundation was built upon manufacturing, stores, real estate, banking and insurance. By 1876, some five million black southerners had purchasing power of $300 million. By 1900, the total wealth of […]