Op-Ed

BUSINESS EXCHANGE: The Year in Review

By William Reed NNPA Columnist   Again this year, African Americans placed higher priorities on participation in politics than the pursuit of capitalistic and business development initiatives to improve their economic conditions. Their primary motivation is to use “the vote” to get what they want […read more]

Business

American Families Are Poorer Than in 1989

[Businessweek.com]   The deterioration in American families’ wealth is even worse than you would know from this morning’s headlines about the Federal Reserve’s Survey of Consumer Finances (PDF). According to my calculations, the inflation-adjusted median net worth of American families was lower in 2010 than in 1989. […read more]