WASHINGTON, D.C. – African-Americans’ buying power is expected to reach $1.1 trillion by 2015, according to The State of the African-American Consumer Report, released today, collaboratively by Nielsen, a leading global provider of insights and analytics into what consumers watch and buy, and The National Newspaper Publishers Association (NNPA), a federation of more than 200 Black community newspapers across the U.S. This growing economic potential presents an opportunity for Fortune 500 companies to examine and further understand this important, flourishing market segment.
Born in Boston on March 20, 1971, Touré is a cultural critic for MSNBC, as well as the host of a couple of shows on Fuse-TV: “Hip Hop Shop” and “On the Record.” A contributing editor at Rolling Stone, his articles appear regularly in publications ranging from The New York Times to The Village Voice to The New Yorker.
A Chicago mother recently filed a lawsuit against the Chicago Board of Education alleging a Chicago Public School security guard handcuffed her young son while he was a student at George Washington Carver Primary School on the city’s far south side. In the lawsuit, filed Aug. 29, LaShanda Smith says the guard handcuffed her son March 17, 2010 which resulted in “sustained injuries of a permanent, personal and pecuniary nature.”
As she watched President Barack Obama lay out his jobs plan for the nation and repeatedly challenge Congress to address the issue immediately, Madelyn Broadus was thinking “finally, somebody is for the people. It seems like for the past 12 years, (the government) is always for corporations and big fat cats. I really feel like he said it right for how we can begin again, the hard-working American people,” explained Broadus, one of the 14 million unemployed people that the president was speaking of during his speech.
In beauty salons and barber shops across the nation, at summer barbecues and holiday dinners, African Americans have a long tradition of indulging in rich conversation. So much so that we’ve created our very own cultural vernacular, or way of speaking. No matter the venue, when we come together we are ready to talk about it all, from current events and politics to music and relationships. Nothing is off limits…well, almost.
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- Attica’s 40-year Legacy: Revisiting the Prison Riot’s Deadly Lessons
- Cosmetics Company Owner Loves the Skin Blacks are in
- Harvard study finds housing affordability a growing issue; Despite drops in home prices, many still struggle with rental costs