Browsing: National News

In celebration of National Financial Literacy Month, OneUnited Bank, the nation’s largest black-owned bank, is proud to announce its 10th Annual “I Got Bank!”  National Financial Literacy Contest where ten children will win a $1,000 savings account.  To support families who are home schooling their children due to the Coronavirus pandemic, the Bank is offering a free “I Got Bank” E-Book.

   Another $10 million has been designated for the Minority Business Development Agency within the Department of Commerce to provide grants to Minority Business Centers and Minority Chambers of Commerce to provide counseling, training, and education on federal resources and business response to the COVID-19 for small businesses.

Now, weeks later, many Black churches are using conference calls, Facebook Live, Instagram, YouTube and other video conferencing technologies to hold services. A serious complicating factor for all churches is the inability to pass the collection plate. The revenue collected every Sunday pays salaries and the mortgage at many Black churches. Online fundraising has become an answer but for many churches, in-person cash donations are more effective.

     Black Enterprise Founder and Publisher Earl G. Graves, Sr., the quintessential entrepreneur who created a vehicle of information and advocacy that has inspired four generations of African Americans to build wealth through entrepreneurship, career advancement and money management, has died. According to his son, Black Enterprise CEO Earl “Butch” Graves Jr., he passed away quietly at 9:22 p.m. on April 6, after a long battle with Alzheimer’s. Graves was 85.

This comprehensive call to action is driven by a collective concern that the lack of transparency by federal and state officials is preventing public health officials from understanding the full impact of this pandemic of Black communities and other communities of color, hampering the ability to develop robust interventions, and potentially enabling further community spread.  

     “I am very pleased and very happy to take the time to endorse a friend, a man of courage, and a man of conscience, as the Democratic nominee for president of the United States,” Lewis said on a media call where major news outlets from around the country participated, including the Black Press of America.