2020 was an unprecedented year for many people across the United States. Families were separated, millions of people lost their jobs and thousands of companies went out of business. In fact, roughly 200,000 U.S. establishments closed permanently in 2020. By the end of April 2020, the number of active business

Purchasing a home in this country is one of the most effective ways to build wealth. But, when structural racism blocks thousands of Black families from buying a home, it worsens the country’s already fierce racial wealth gap. Efforts like Bank of America’s $15 billion Community Homeownership Commitment provide a

Music has been a part of Robert F. Smith’s life since he was a child. Smith’s father William attended college on a music scholarship and made sure music was a part of their family’s everyday life. Smith once recalled that his family often gathered around the piano at night, and

Journalist Jamal Simmons recently joined CBS This Morning to discuss his new Democracy Journal column, entitled “The 4 Percent Problem.” According to the Simmons, Black inclusion stalls at nearly 4% across nearly every leading sector of the U.S. economy, from technology to finance. Although many corporations made impactful commitments to

Comcast announced that it will award 13,000 businesses owned by people of color (including Black, Hispanic and Asian Americans) in a variety of categories including monetary grants, technology makeovers and marketing services from Comcast RISE. To date, the company has already disbursed $5 million in grants to businesses in Atlanta,

In the last two decades, college enrollment by African American students has drastically increased. Over 2.1 million African American students have enrolled in colleges or universities in the last few years, in contrast to the 1.5 million in 2000. As of 2019, 29% of African Americans aged 25 to 29