These companies are changing their branding due to racial stereotypes
Aunt Jemima, Cream of Wheat and Uncle Ben’s are joining other prominent companies across the country to change or evolve their brands to eliminate racially stereotyped branding.
Aunt Jemima, Cream of Wheat and Uncle Ben’s are joining other prominent companies across the country to change or evolve their brands to eliminate racially stereotyped branding.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
SBA unveils new, 'borrower-friendly' forgiveness application for PPP loan recipients
The new application released by the Small Business Administration on Wednesday is just five pages long.
The new application released by the Small Business Administration on Wednesday is just five pages long.
Study: Texas economy fifth most racially equal in the U.S.
The study determined equality by subtracting the values attributed to whites and blacks for a given metric, using on the most recent data from the U.S. Census Bureau, U.S. Equal Employment Opportunity Commission and U.S. Department of Housing and Urban Development.
The study determined equality by subtracting the values attributed to whites and blacks for a given metric, using on the most recent data from the U.S. Census Bureau, U.S. Equal Employment Opportunity Commission and U.S. Department of Housing and Urban Development.
Study: COVID-19 impacts women in Texas financially more than men
The demographic of a typical Texas woman is a 36-year-old woman of color making $35,000 a year or less. In a webinar Tuesday, the Texas Women’s Foundation covered their new economic report about issues women in Texas are facing in 2020.
The demographic of a typical Texas woman is a 36-year-old woman of color making $35,000 a year or less. In a webinar Tuesday, the Texas Women’s Foundation covered their new economic report about issues women in Texas are facing in 2020.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Extra $600 in unemployment benefits ends next month, what happens then?
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
Fear turns to greed on Wall Street as Fed details bond buys
The Dow Jones Industrial Average was down 629 points, or 2.5%, at 24,975, as of 9:48 a.m. Eastern time, and the Nasdaq composite was down 1.5%. The losses were widespread, with 98% of the stocks in the S&P 500 lower
The Dow Jones Industrial Average was down 629 points, or 2.5%, at 24,975, as of 9:48 a.m. Eastern time, and the Nasdaq composite was down 1.5%. The losses were widespread, with 98% of the stocks in the S&P 500 lower
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
US employers laid off 7.7 million workers in April
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
Are we getting a second coronavirus stimulus check? What we know so far
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
Economic Outlook
Derrick Kinney is a Certified Financial Educator. He walks us through the may jobs and explains if it does show signs of economic growth. Kinney also answers two big questions: Will more people be laid off soon and will people see another stimulus check?
Derrick Kinney is a Certified Financial Educator. He walks us through the may jobs and explains if it does show signs of economic growth. Kinney also answers two big questions: Will more people be laid off soon and will people see another stimulus check?
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
Wall Street's rally zooms higher after surprise gain in jobs
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
JCPenney shutting down 154 stores after coronavirus-driven bankruptcy
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Stocks fight for gains after Trump vows to quell rioting
U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.
U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.
Coronavirus could cause multitrillion-dollar decline in US economic output, new report shows
CBO expects a 'significant markdown' in GDP over the coming decade.
CBO expects a 'significant markdown' in GDP over the coming decade.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
US economy shrank at 5% annual rate in Q1
It was the biggest quarterly decline in more than a decade, since an 8.4% fall in 2008 during the depths of the financial crisis.
It was the biggest quarterly decline in more than a decade, since an 8.4% fall in 2008 during the depths of the financial crisis.