When Toni Morrison received her Nobel Prize in Literature in 1993, her remarks began with a reflection on the phrase once upon a time. In
her signature, measured cadence, Morrison told the Swedish Academy she
believed these were some of the first…
The U.S. housing market is splitting along racial lines, with black
homeownership dropping to the lowest level since at least 1970 -- just
two years after the Fair Housing Act was passed.
The rate among black Americans was 40.6% in the second…
Born October 23, 1810, he was one of the first known black
citizens of California and founder of the city now known as San Francisco. He
was born in St. Croix which at the time was part of the Danish Virgin Islands.
He was the…
For over 30 years, Brown Capital Management has been making waves in the Mount Vernon district of Baltimore, Maryland. To date they have assets of over $12 billion accumulated from investing in mostly small and midcap companies. So far this year,…
On Sunday morning, black billionaire Robert F. Smith announced to the Moorehouse graduating class of 2019 that he would pay the student loan debt of the entire graduating class.
The gift is worth an estimated $40 million, which will be paid…
Before Barack Obama, Shirley Chisholm and Jessie Jackson,
George Edwin Taylor ran for President of the United States in 1904 as the
candidate of the National Negro Liberty Party, sometimes known as the National
Liberty Party.
Political Life
During the period when Taylor emerged…
Maggie L. Walker was the first African American woman in the United States to found a bank. St Luke Penny Savings Bank opened on November 2, 1903 in Richmond, Virginia, the former capital of the Confederacy, in the midst of the Jim…
Software developer training and outsourcing company, Andela has announced a $100 million Series D round.
It’s one of the largest ever single rounds raised by an African-focused tech company, keeping pace with Andela’s track record of big-ticket rounds. The
round is led by Generation…
The Rhodes Trust has recently announced the 2019 cohort of Rhodes Scholars selected from Rhodes constituencies outside the United States. There are 16 international Rhodes Scholars who are attending or have recently graduated from American colleges and universities. Out…
When you choose a bank, do you think about who owns it? Do you think
about who gets loans from that bank and who doesn’t? Thousands of
Americans started to consider these things when police shootings of two
black men inspired rapper Killer…