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Category: Business

African Americans
Stefi Mar

Professor Tonya M. Evans on Cryptocurrency, Black Wealth, and the High Stakes of Trump’s Agenda 47 and Project 2025

In a recent appearance on Let It Be Known News, Professor Tonya M. Evans—an expert in fintech law at Penn State Dickinson Law and a prominent figure in digital asset strategy—discussed the evolving landscape of cryptocurrency, particularly its impact on Black America. As an advisor on fintech policy through her company Advantage Evans, LLC, and a board member of Digital Currency Group, Evans is deeply invested in guiding Black investors through the complex world of cryptocurrency.

Stefi Mar November 19, 2024
Business
Stefi Mar

Congresswoman Maxine Waters, U.S. Treasury Announce $10 Million Award to Support California Small Businesses

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and the U.S. Department of the Treasury (Treasury) announced that the California Office of the Small Business Advocate (CalOSBA) is being awarded $10 million to support small business growth through the State Small Business Credit Initiative (SSBCI), a $10 billion program Congresswoman Waters secured as part of the American Rescue Plan Act in 2021. These funds will be used to support very small businesses and minority-owned businesses across California access billions of dollars in new loans and investments, which is supported by $1.2 billion in Federal funds allocated to the state under the SSBCI.

Stefi Mar October 8, 2024
African Americans
Stefi Mar

Government Excludes and Discriminates Against Black-Owned Media Despite Federal Advertising Spending Reaching $15 Billion

A new report released this month has revealed that the federal government spent $14.9 billion on advertising contracts over the last ten fiscal years to inform the public about various programs and services. However, despite the government’s mandate to provide contract opportunities to businesses owned by minorities, women, and other socially or economically disadvantaged groups, significant disparities persist.

Stefi Mar July 9, 2024
Bakersfield
Stefi Mar

A Win for Black Entrepreneurship: Is the New FTC Ban Good for Black Businesses?

In what has since created shockwaves across the nation, the Federal Trade Commission (FTC) voted 3-2 for banning noncompete agreements, which goes into effect 120 days after the rule is officially published in the Federal Register. This decision will undoubtedly have significant impact on both employers and employees alike, but what about black entrepreneurs?  

Stefi Mar April 30, 2024
Bakersfield
Stefi Mar

A Quick Guide to Beneficial Ownership Information Reporting Requirements

If you are a business owner with a social media account, odds are you have heard rumblings of a new federal government filing requirement called the Beneficial Ownership Information Reporting requirement or BOI for short. BOI refers to identifying information about the individuals who directly or indirectly own or control a company. This law creates a new information reporting requirement as part of the U.S. government’s efforts to make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures.

Stefi Mar March 5, 2024
Black History Month
Stefi Mar

Navigating Success, Malcolm Johnson’s Journey as CEO of Langdon Park Capital

Langdon Park Capital is more than just a real estate investment firm; it’s a testament to the vision and dedication of its founder, Malcolm Johnson. With over two decades of experience in real estate finance, Malcolm’s journey began long before his professional career took flight. In an exclusive interview with Johnson, CEO of Langdon Park Capital, we delve into his background, inspirations, and the driving force behind his mission to provide quality, affordable housing in underserved communities.

Stefi Mar February 13, 2024
Bakersfield
Stefi Mar

Oneunited Bank Introduces Wiseone Insights A Revolutionary Ai-Driven Financial Wellness Companion

OneUnited Bank, the nation’s largest Black-owned bank, unveils WiseOne ® Insights, a revolutionary financial wellness companion. This groundbreaking AI-driven tool is designed to guide, inform, and protect individuals by leveraging financial literacy. WiseOne Insights
aims to improve financial wellness across the nation, while striving to close the racial wealth gap.

Stefi Mar November 7, 2023
African Americans
Stefi Mar

African American Jobless Rate Hits Lowest in U.S. History

According to the freshly published jobs report for April, the jobless rate for African Americans in the United States maintained its steady slide to new historic levels, just one month after hitting a record low for the previous lowest level ever recorded.

Stefi Mar May 10, 2023
Featured
Stefi Mar

Ray Charles: “A Sound of His Own” Comes to Fixin’s

Blacked Owned businesses means so much more than just being “black owned”. It’s about the vision, the goal and the inspiration behind the business that makes it so special. Taking away status and fame, what is left is just creating a great product that anyone can enjoy. Fixins is all about finding new innovative ways to bring the community together. Collaborating with the Ray Charles Foundation is just one of many opportunities that pinpoints history, legacy, honor and revolutionary pioneers that have paved the way to where we are now.

Stefi Mar March 14, 2023