Business

Millennial Savings Trends: Coupon-Saving No Longer a Granny’s Game

By: Janell Hazelwood

Coupon cutting used to be a thing of stay-at-home-moms’ past or your granny’s favorite hobby to balance a tight budget, but according to a new report by CouponFollow, millennials are turning the tables on the stereotype. While shopping online, 69% of millennials search for coupon codes and 60% of them search for...

Why Our List of the Nation’s Largest Black Businesses is Vital to Your Enterprise

By: Earl "Butch" Graves Jr.

Three years after my father founded BLACK ENTERPRISE, he fulfilled a critical plank of his editorial and business mission. More than creating a vehicle to staunchly advocate our full participation in every tranche of the American economy, from Main Street to Wall Street—he fought to unequivocally demonstrate that our transformative...

Meet the 2017 BE Modern Men: Week 1

By: Alisa Gumbs

Did you miss any of our first crop of BE Modern Men for 2017?  This year’s 100 Men of Distinction started out with a bang, with well-known businessman Randal Pinkett of The Apprentice fame. Our first 10 honorees also include men working to support small business or get families physically...

Ed Department’s Office for Civil Rights to Become ‘Neutral, Impartial’

By: Robin White Goode

Education Secretary Betsy DeVos plans to “return” the Department of Education’s Office for Civil Rights “to its role as a neutral, impartial, investigative agency,” Politico reports. (Image: iStock/dmbaker)   What this means for black students, who have historically had their civil rights most often and most egregiously violated, is unknown....

10 Celebrity Power Women Who Pledged the Divine Nine

By: Janell Hazelwood

Graduation season has rolled out and many are prepping to take the next step onto the college or university campus of their choice. And per usual, a big part of successful acclimation to a total 180 degree change in environments, rules, goals, and expectations is pledging a sorority or fraternity—whether you’re carrying...

Tesla Adds Ebony Magazine Heir Linda Johnson Rice to Its Board

By: Samara Lynn

Linda Johnson Rice, CEO of Ebony Media Operations and Chairman Emeritus of Ebony Media Holdings, the parent company for the brands Ebony and Jet, has been appointed to the board of Tesla, as per a press release on the electric vehicle manufacturer’s site. Linda Johnson Rice (Image: File)     Rumors...

Duke University Student Calls Out South Carolina’s ‘Corridor of Shame’

By: Robin White Goode

As education editor at Black Enterprise I am deeply concerned about the flagrant inequities that characterize American education. Segregation is alive and well in 2017, and the vast majority of schools that black children attend are uninspiring places where expectations for the children are low. It isn’t unusual to encounter...

Duke University Student Calls Out South Carolina’s ‘Corridor of Shame’

By: Robin White Goode

As education editor at Black Enterprise I am deeply concerned about the flagrant inequities that characterize American education. Segregation is alive and well in 2017, and the vast majority of schools that black children attend are uninspiring places where expectations for the children are low. It isn’t unusual to encounter...

The Democratic Party Widens the Racial Wealth Gap

By: Jared Brown

Data consistently demonstrates that blacks are the most loyal Democratic voting bloc. Surveys conducted in 2016 indicate that 87% of blacks identify with the Democratic Party, which constitutes roughly 21% of all Democrats. Comparatively, 63% of Hispanics and 39% of whites lean left. (Image: iStock/SilverV)   And yet, despite loyalty...

Multiple Ways Life Insurance Can Build Wealth for Blacks and Community

By: Jeffrey McKinney

Often when life insurance is mentioned in the African American community, blacks shut down, turn away, or even get scared. The dim view exists largely because many blacks don’t realize that life insurance can be used to achieve so much more financially than just taking care of a loved one’s...

Meet the Women Who Are Focused on Fixing Credit in the Black Community

By: Ashley M Fox

Passionate, driven, determined, focused; these are just some of the words that describe The National Organization of Black Elected Legislative Women (NOBEL/Women). This organization is composed of current and former black female legislators that are determined to provide programs and policies to address the social justice and economic empowerment issues...

Getting SMART About Health and Academics

By: Robin White Goode

I learned about the SMART model—an in-school health provider that focuses on academic outcomes—this spring. In this context, “health” refers to the three critical ways that students experience health that can affect their school attendance: physical, mental, and social. (Image: iStock/pixelheadphoto)   The SMART model is getting results. Four years...

Blue-Chip Companies Pay Out $226 Million to Minority Law Firms

By: Jeffrey McKinney

Member companies of the Inclusion Initiative spent $226 million last year with minority and women-owned (MWBE) law firms. The new figure came Thursday from the Inclusion Initiative, a collaborative program among law departments at major U.S. corporations focused on promoting diversity spending. The amount represents a $7 million gain from...