The Effects of Target’s Policy Changes on Minority-Owned Businesses and Consumers Outside of a Target building. Photo by Shabaz Usmani on Unsplash By Myla S. Roundy and Kailey Butler Since January, Target’s stock market has been on a sharp decline. The large retailer officially ended much of their diversity, equity and inclusion-related programs, including their…
Economics, Politics and Government, Social Justice
Housing, Highways and Prisons Drive Push for Local, State Reparations
By Ryan Thomas Just last month, Greenbelt, a small Maryland suburb outside the nation’s capital, became the latest to join the movement for local reparations, as voters approved legislation to study ways to repair the damage past policies did to Black and Native American residents. Colin Byrd, mayor of the city of about 23,000, said…
Economics, Social Justice
Is 15 Percent Too Much to Ask?
By Tia Lowe It was just a few days after George Floyd died under a policeman’s knee on a Minneapolis street, a killing that would breathe greater life into protests against racial injustice as part of the Black Lives Matter movement, that Aurora James posed her question. “What if major retailers like Walmart, Sephora, Target…
Economics
Boycotts don’t work the way you think.
By Jeresa Anderson The Montgomery Bus Boycott started Dec. 5, 1955, after the arrest of Rosa Parks due to her refusal to move from her seat on a bus. The boycott is seen as the first large-scale demonstration against segregation in the U.S. Since then, boycotts have become a popular tactic for protesters fighting for…
Economics, For the Record
High credit scores aren’t exactly what you think. Here’s the truth.
By Lynn Pierce Establishing and maintaining a respectable credit score could be the biggest pitfall for a successful financial future. A recent report from Experian revealed the average FICO score in America reached an all-time high in 2019 at 703. You might think that the news of high credit scores is a positive trend: more…
Economics, Enduring Myths, Fact-Checks
Is Financial Literacy the answer to closing America’s Huge Racial Wealth Gap?
By Alexandra Banks News of Jay-Z making a business deal with the NFL and rapper Nas and Will Smith investing in an app to teach teenagers financial literacy has once again sparked an age-old debate on whether black people are smart with their money. You often hear in casual conversation or see on social media…