Californians Missing Out on Over $1 Billion in Tax Refunds

California taxpayers are leaving more than $1.2 billion in tax refunds on the table, money that could be used to give working class residents a financial lifeline and give a needed economic stimulus to the state’s economy, according to a new report released by the New America Foundation. At issue is the Earned Income Tax [...]

Thousands Could See Jobless Benefits Delayed

Sacramento, CA –Up to 250,000 out-of -work Californians may see an interruption in their unemployment checks after the U.S. Senate left on recess without approving a temporary extension, said a state Employment Development Department spokeswoman. The newly-unemployed also will have to wait to be eligible for the government’s 65% subsidy on COBRA health insurance premiums. [...]

Can We Close the African American Middle Class Income Gap?

Could the income gap between average African Americans and the American middle class actually widen with an improving economy? Here is why this is a strong possibility. Less than half of all Americans consider themselves middle class, according to a recent poll by ABC. The poll also states that $55,000 is the average middle class [...]

Michael Jordan is Now Majority Owner of the Bobcats

Michael Jordan’s dream has always been to be an owner of an NBA team. He was finally given the chance to live out that dream when the NBA board of governors unanimously approved Jordan’s purchase of the Charlotte Bobcats from Robert L. Johnson. The terms of the deal valued the Bobcats at $275 million, and [...]

Everyone wants to save more money

Everyone wants to save more money. Yet many cash-strapped people feel like they “can’t afford” to save. One way to make saving each month a little easier is by super-charging your savings – and making your money work as hard as you do. Here are three special ways to turbo-charge your savings. Try them and [...]

Minority firms get less stimulus money

  WASHINGTON (AP) — Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands for the Obama administration to be more inclusive and more closely track who receives government-financed work. Latinos and blacks have faced obstacles to winning government contracts long before the stimulus. They [...]

Choice Hotels Executive Brian Parker Selected Among SaVoy Magazine's Top 100 Most Influential Blacks in Corporate America

Silver Spring, MD — Worldwide lodging franchisor Choice Hotels International, Inc. (NYSE: CHH) is proud to announce that Brian Parker, vice president of emerging markets and new business development, was named to SaVoy Magazine’s “Top 100 Most Influential Blacks in Corporate America.” The magazine’s Spring 2010 issue featuring the Top 100 includes extraordinary professionals and [...]

Highmark Inc. Prepares Now for the Diversity Boom Ahead

Company recognized as a “2010 Diversity Leader” Pittsburgh, PA — For decades, the nation’s demographic focus has been the baby boomers — more than 70 million of them — whose every move, walking to walkers, was ubiquitously anticipated. Now, a boom of even greater proportion hovers on the demographic horizon. Minorities, presently representing roughly one-third [...]

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