Aided in part by President Donald Trump's trade war with China, many economists and financial experts are predicting that a recession will hit the U.S. in the next 12 to 18 months. Here are five money moves you can make to make sure you are financially prepared if a recession hits. (Black Enterprise)
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A handful of smaller home-sharing competitors are trying to ease fears of discrimination by catering to specific minority groups. This alternate approach has led to the creation of a small but thriving piece of the home-sharing market. One executive calls the niche services "digital Green Books," a reference to the guide that black motorists once used to find welcoming hotels and restaurants. (U.S. News & World Report)
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Last month, Business Roundtable announced the release of a new Statement on the Purpose of a Corporation, which was signed by 181 CEOs. Those corporate leaders committed to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders. The Harvard Business Review has compiled six areas the 181 CEOs and their boards should consider taking to prove that they do mean business. (HBR)
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There have been quite a few books published about the problem with women trying to break the glass ceiling – and ways to break through that problem. But few have taken an in-depth look into the unique experiences faced by wormen of color in the workplace, particularly as it relates to the glass ceiling. In Minda Harts' new book, The Memo, she does just that – providing several way leaders can be better allies to women of color in the workplace. (Fast Company)
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Inclusivity does not end with diversity in your recruitments. Inclusion is giving individuals, teams and communities equity, despite whatever biases we may harbor. Here are nine steps to help you achieve that goal. (technical.ly baltimore)
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Southern University at New Orleans earned top rankings in a national study of college graduates conducted by the Women’s Institute for Science, Equity and Race. SUNO was recently named as a top producer of African-American graduates by “Diverse: Issues in Higher Education” magazine. University officials believe that the findings reinforce SUNO’s position among Historically Black Colleges and Universities. (The Louisiana Weekly)
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With black millennials streaming videos more frequently than any other group, should Apple tap into shows with a strong black identity as a way to increase subscribers and take over the number one streaming spot? (Forbes)
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Former Miami Heat NBA star Lebron James is opening a flaship store for his sneaker and footwear brand, Unknwn. The 10,000-square-foot Unknwn retail concept (with a photo studio, art installations and a space to hold sporting events) will open its doors during Art Basel Miami in December. (The Hollywood Reporter)
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While higher tariffs will affect businesses of all sizes, they are particularly more of a problem for small businesses, said David French, senior vice president for government relations with the National Retail Federation. (CNN)
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Your credit score is a strong indicator of your financial habits, but it's not the only one. When you're applying for a credit card, car loan or mortgage, there are a lot of other things that tell the story about you and indicate whether you're financially healthy. Here are three numbers that are strong indicators, and here's how you can have some influence on them. (USA TODAY)
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The United States and China have agreed to return to the negotiating table in Washington to discuss the ongoing trade war between the two countries. It will be the first face-to-face meeting between the two sides since the trade war's rapid escalation in recent weeks. (CNN)
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