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The bank’s board meeting on April 28, 2016, started with a prayer. Then it turned to plans for keeping the bank alive. That week, federal regulators had signed off on a deal allowing new owners to take control of Illinois Service Federal Savings and Loan, one of the last Black-owned banks in the country. For more than a year, regulators had warned the bank could be shut down if it didn’t raise capital. They had also ordered it to improve its management. Papa Kwesi Nduom offered an infusion of money and a fresh face. An entrepreneur from Ghana, Nduom led…

KOKOMO — DeAndra Beard has had people sit down in her coffee shop to tell her that they know they’ve put up with their White family member’s racism for too long. She’s even sat and listened to people’s stories about their grandfathers in the Ku Klux Klan.”That’s a heavy weight to carry when somebody sits down at a table with you and says that,” Beard, a Black business owner in Kokomo, Indiana, said lightheartedly laughing.Beard — the owner of “Beyond Barcodes Bookstore,” “Beyond Borders Language Center,” and “Bind Cafe” — grew up knowing racism all-too-well.She’s worked for a more inclusive…

African Americans are less likely than others across Iowa to be self-employed. Those who do have their own businesses are more likely to experience unequal access to bank services and loans, adding to an opportunity gap across the state.The house Curtis White is renovating on Forest Ave. in Des Moines has been torn down to the studs. The siding has been stripped on the outside. Inside, a person can walk through the walls.For White, it’s a blank canvas. He walks through the gutted main floor with his daughter, Jasmine Brooks, and a realtor who are asking how he plans to…

Bowling Green’s history with development and gentrification is often forgotten. According to the Urban Displacement Project, gentrification is neighborhood development that facilitates economic change by means of real estate investment, resulting in new higher-income residents movingin and demographic changes in education level or racial make-up of residents. Shake Rag Shake Rag was a Black community with its own churches, businesses and stores founded in 1802 by former slaves, soldiers and their families who had fought for the Union during the Civil War. The land was donated for use as an African American public square, named for the women who would shake their…

The scale of the court exhibit, eight feet tall by four feet wide, reflected the scope of the story it told. Black Kansas City homeowners simply didn’t stand a chance. Not if they wanted to outflank racially restrictive housing covenants intent on isolating them in older and increasingly dilapidated neighborhoods. Kansas City’s landmark public school desegregation case, filed in 1977 and decided by the U.S. Supreme Court in 1995, illuminated racist housing practices that ruled local residential real estate for decades, long after such blatant maneuvers were declared illegal. Following the recent Black Lives Matter protests galvanized by the police…

In 2006, Ebony Magazine declared Prince George’s County, Maryland, the wealthiest majority-Black county in America. Some of its richest residents posed for the magazine beside indoor pools and inside their wine cellars. “When you’re here, you realize, oh, this is Black bougie heaven,” says Andre Perry, an expert in race and culture with the Brookings Institute. As more Black residents packed the suburban enclave east of D.C. along the Potomac River, median income continued to rise. With its golf courses, gated communities, large homes and megachurches, Prince George’s County at one point was the second wealthiest county in Maryland, nirvana…

What time do MA stores open on Black Friday 2025? Best Buy, Walmart, Petco, IKEA, Dick’s The Patriot Ledger Source link

It’s no secret that U.S. infrastructure is struggling. This year’s report from the American Society of Civil Engineers gave the country a C-, citing public roadways in “poor or mediocre” condition, “structurally deficient” bridges and aging power grids. But what has historically received less attention is the role infrastructure construction and maintenance have played in promoting inequality and racial segregation. “There is racism physically built into some of our highways,” Transportation Secretary Pete Buttigieg said in an interview with the Grio this month. That recognition shaped President Joe Biden’s $2.3 trillion plan to improve U.S. infrastructure. In addition to fixing…

CONCORD, NH — Saturday, Nov. 30, is a crucial day for independently owned local businesses in Concord and Penacook. Small Business Saturday is the kickoff to “shop small” events emphasizing the power of dollars spent in local communities. Founded by American Express in 2010, it is sandwiched between the major retail shopping holiday Black Friday, which tends to favor national brands, and Cyber Monday, an online shopping event that this year takes place on Dec. 2. Businesses in Concord participating in this year’s event can be found here. Penacook businesses can be found here. Since it started in 2010, consumers…

The higher COVID-19 death rate for Black people is often blamed on preëxisting health conditions, but that’s only part of the story. Blacks have asthma at a rate of 9.2 per cent, compared with eight per cent of whites; 16.8 per cent of Blacks have diabetes, compared with ten per cent of whites (Reggie Smith has diabetes); 40.3 per cent have hypertension compared with 27.8 per cent of whites. Moreover, Blacks are sixty per cent more likely not to have health insurance, making it harder for them to get treatment for COVID-19 and other illnesses: 12.3 per cent of Blacks…