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.
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For Black Americans, the homeownership gains that occurred between 2019 and 2023 have halted. Last year, the white-Black homeownership gap remained stuck at 27.7 percentage points, and the same measure for Latino families was 25.2 percentage points.
Cash dollars money with note written Pay Off Student Loans – on red background – financial management goal to clear student loan – clarify financial goal, make smart payment strategies, and seek forgiveness resources to clear the debt
BLACKPRESSUSA NEWSWIRE — The figures are a dramatic increase from the previous delinquency rate, which had remained below 1 percent due to the years-long pause in federal student loan payments.
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.
The Solid Waste Authority of Broward County has prepared a first draft of a blueprint that will shape how its 28 member cities and Broward County…
Let’s talk about the retirement panic that has folk hitting the Social Security button faster than folks rush to buy Beyoncé tickets. People are claiming Social Security at 62 like the system is about to disappear overnight. All this stress over “What if it runs out?” has folks locking in the smallest Social Security checks of their life, all in the name of FEAR.
BLACKPRESSUSA NEWSWIRE — With small business optimism waning and federal support shifting away from equity initiatives, many Black entrepreneurs now face a chilling reality
“The President’s Skinny Budget reflects funding levels for an agency that is responsibly winding down, shifting some responsibilities to the states, and thoughtfully preparing a plan to delegate other critical functions to more appropriate entities,” said Education Secretary Linda McMahon in a related statement. “The federal government has invested trillions of taxpayer dollars into an education system that is not driving improved student outcomes – we must change course and reorient taxpayer dollars toward proven programs that generate results for American students.”