By Karen Stokes The June data of 3.0 percent surpassed expectations on multiple fronts, with headline inflation experiencing a decline of 0.1% on a monthly basis—something not seen since the early days of the pandemic. On an annual basis, headline inflation slowed to a 3% pace, from 3.3% in May. The Consumer Price Index, a […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Comprehending Context Fully
BlackEconomics.org® Introduction To know, to know fully, implies that correct action is possible in response to what is known. In Black America’s case, there is widespread and general knowledge of our “condition”—statistics even—on many fronts. This “knowledge” begs the question: Why do we not do more to improve our condition? The latter question sheds light […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Gig Work and the Black Community
The Need for Worker Education and Protections
The State of the Economy for Black Americans
By Karen Stokes Since before the pandemic, Black Americans have seen an improvement in a host of financial indicators including the unemployment rate, evictions, wages, and wealth. The Black-white wealth gap has narrowed, and rates of business ownership have increased. “When the Administration started, during a global pandemic that had a disproportionate impact on the […]
It’s Always the Right Time to Plan for Retirement
Whether you’re just entering the workforce or plan to stop working in a few years, it’s never too early – or too late – to save for retirement. Ideally, retirement planning and saving should start as soon as you get your first paycheck, but it’s easy to focus on more pressing expenses in your 20s, […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Closing the Wealth Gap in Black America Through Investments in Innovation
By Phillip Washington Dallas Weekly Magazine In today’s discussion, we delve into the pressing issue of closing the wealth gap in Black America. Wealth in business and investing exists at the intersection of faith in the future and individual passions. It is important to distinguish between the collective mindset and the individual mindset when addressing […]
Educators Credit Union Announces Partnership with Local National Basketball Association Champion Bobby Portis to Provide Free Financial Educational Tools
Racine, Wis. – Educators Credit Union has announced a partnership with local professional basketball player and NBA champion, Bobby Portis. Portis and Educators have partnered to provide free financial educational tools, programs and community support for residents of southeastern Wisconsin. Educators offers a digital academy, scholarships for students, webinars and workshops, financial tools, calculators, and […]
President Biden Releases Statement on June CPI Report
On Wednesday, the President released a statement on the June Consumer Price Index. “Good jobs and lower costs: That’s Bidenomics in action. Today’s report brings new and encouraging evidence that inflation is falling while our economy remains strong. Annual inflation has fallen each of the last twelve months and is now down to 3%,” said […]
Wisconsin’s Only Black-0wned Bank Celebrates Its 98th Annual Meeting, Largest in More Than 40 Years
(Milwaukee)—Columbia Savings & Loan Association held its Ninety-Eighth Annual Meeting with more than 60 members and guests attending, making it the savings and loan’s largest Annual Meeting in decades. Attendance was so great that Columbia had to rent space at a much larger facility to accommodate all the participants. Lafayette McKinney reflected on t he […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Economics Before Education?
BlackEconomics.org® At the outset of certain lectures, we have enquired of the audience: “What is the most important ‘thing’ in the universe?” While we have received a multiplicity of answers, we always steer the audience back to what we view as the correct answer: “Knowledge!” Why knowledge? Because it is fundamental. You may have all […]
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