How community ownership models can preserve economic power in Black neighborhoods

How community ownership models can preserve economic power in Black neighborhoods

In the famous post-Civil War initiative known as “40 acres and a mule,” Union General William T. Sherman promised newly freed Black households the one thing most necessary for sustaining their freedom: land. As Black minister Garrison Frazier told Sherman, freedom means having the ability to “reap the fruit of our own labor.” Unfortunately, Sherman’s

People overestimate Black Americans’ chances of economic success

People overestimate Black Americans’ chances of economic success

Americans consistently believe that poor African Americans are more likely to move up the economic ladder than they actually are, a new study shows. People also overestimate how likely poor white people are to get ahead economically, but to a much lesser extent than they do for Black people. “It’s no surprise that most people

Black Business Expo and Financial Empowerment Summit teaches businesses growth opportunities

Black Business Expo and Financial Empowerment Summit teaches businesses growth opportunities

FLINT, MI — The 2022 Black Business Expo and Financial Empowerment Summit was held on Friday, July 22 at the Flint Farmers’ Market. The event was designed to highlight minority-owned businesses by providing professional financial education, information on local and government resources for business development, and social media presence. Chennelle Dismond, chairperson of the Black

Bike ride will raise money for Black businesses, nonprofits

Bike ride will raise money for Black businesses, nonprofits

An organization plans to bike about 375 miles to raise money to help Black-owned businesses and nonprofits. Black Leaders Detroit hosts the seven-day ride from Detroit to Mackinaw City called the BLD: Ride for Equity.  The group plans to leave from Detroit at 8 a.m. Sunday. “Black leadership in Detroit still not having the same level of access