Browsing: Business

 BLACKPRESSUSA NEWSWIRE — It’s so bad in America that a foreign news organization dug into the pricey details. The Times of London reported that inflation, which began accelerating in 2021, has left American consumers grappling with the most persistent cost increases in decades.

Pamela R. Springer, the Founder and CEO of Global Skincare Products, has been proudly named as the 2025 recipient of the distinguished ASCP Industry Icon Award. ASCP (Associated Skin Care Professionals) is the leading national association supporting licensed estheticians. It is also home to over 35,000 members nationwide and is the only organization offering estheticians comprehensive, industry-specific benefits tailored to every stage of their career.

       Black-owned businesses across America are fighting for survival as a perfect storm of economic challenges threatens to wipe out years of progress in minority entrepreneurship. Rising tariffs, persistent inflation and shifting political landscapes have created an increasingly hostile environment for these enterprises, forcing many to make difficult decisions about their future.

According to the National Association of Home Builders, nearly 75 percent of families – 100.6 million households – cannot afford a median priced new home in 2025. With a price tag of $459,826 and an accompanying 30-year mortgage rate of about 6.5 percent, it’s no surprise that both families and government are challenged like never before when it comes to securing affordable housing.

   President Donald Trump has targeted Diversity, Equity, and Inclusion programs, signing several executive orders to ban DEI initiatives at federal agencies and businesses, and has even threatened to withdraw federal funding from schools that do not remove their DEI programs.