Carver Bank Receives $14.6 Million Grant from Morgan Stanley
Grant enables Carver to buy back shares and bolster its capital position to help weather the economic impact of COVID-19 in the wake of...
Saving Small Business Requires All of Us
There are over 240,000 small businesses in New York City. These businesses are the lifeblood of New York City’s economy, providing jobs in our...
Advancing Black pathways: Bringing racial equity to the financial services system
Last December, Byna Elliott joined JPMorgan Chase & Co. to lead Advancing Black Pathways, the firm’s strategy to strengthen the economic foundation of the...
Goldman Sachs One Million Black Women initiative tackles Black women’s economic disparities
Goldman Sachs kicked off the New Year with a round of investments as part of its One Million Black Women Initiative, named for the...
Byron Allen signs $28.5M purchase agreement for Montgomery, AL FOX affiliate
Media mogul Byron Allen has signed a purchase agreement to acquire WCOV-TV, a Fox affiliate in Montgomery Allen – bringing Allen Media Broadcasting’s holdings...
VP Harris, Treasury Dept. announce billions for Black, minority businesses
Billions for Black minority businesses. Black-owned businesses are getting a major boost from the fed government. Vice President Kamala Harris and Treasury Secretary Janet...
US unemployment falls in December but rises for Blacks
The US unemployment rate fell to 3.9% in December, but not all demographic groups are seeing the decline. According to the Bureau of Labor...
Bklyn startup BlocPower raises $30M from Microsoft to “turn buildings into Teslas”
Turning gas-powered buildings into much greener, electric-powered ones is what the Brooklyn-based startup has done in nearly 1,200 residential buildings during its seven years...
