Atlanta Federal Reserve Names First Black Regional President

by Patrick Gillespie   @CNNMoney Raphael Bostic was named president of the Atlanta Federal Reserve, becoming the first African-American regional president in the central bank’s history. Bostic, a former policymaker in the Department of Housing and Urban Development, is a professor at the University of Southern California. He will become

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Anne Harrigan: Achievements, Not Slavery Alone, Should Be Noted in Black History Month

Anne Harrigan is a resident of Danbury The history of African Americans should not be defined only in the context of slavery. Their history is also full of wonderful people who have added to the greatness of this country. African-American inventors have created many widely used devices in the world

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African Billionaire Fortunes Decline On New FORBES List Of The Continent’s Richest

Kate Vinton,  Forbes Staff The number of billionaires in Africa–and the size of their fortunes–continues to drop. On this year’s list, FORBES is only including African billionaires living in Africa, instead of featuring Africa’s 50 richest people. There are 21 billionaires on this year’s list, worth a combined $70 billion.

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Remembering George E. Johnson, Founder Johnson Products Company

George Ellis Johnson, Sr. was an African American entrepreneur and founder of Johnson Products Company, a hair care firm, and Independence Bank in Chicago, Illinois.  Johnson was born on June 16, 1927 in Richton, Mississippi to Priscilla Johnson.  He is perhaps best known for being the first African American to

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U.S. Owes Black People Reparations for a History of ‘Racial Terrorism’

By Ishaan Tharoor September 27 The history of slavery in the United States justifies reparations for African Americans, argues a recent report by a U.N.-affiliated group based in Geneva. This conclusion was part of a study by the United Nations’ Working Group of Experts on People of African Descent, a body

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Sale of 1st & Only Black-Owned Public TV Station a Wake-Up Call on Media Diversity

By Wade Henderson/ The Root | 6/15/2016, 10:30 a.m. The possible loss of Howard University’s PBS affiliate could be a tipping point toward the extinction of black-owned broadcast media, but the Federal Communications Commission has no sense of urgency to fix the problem. That’s not hyperbole. For years, the FCC

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The Political Power of the Black Sorority

By: Theodore R. Johnson April 26, 2015 Loretta Lynch’s confirmation as U.S attorney general was a crucial victory for a group of women whose influence is seldom appreciated. The Senate confirmed Lynch as the next U.S. attorney general, the first African American woman ever to hold this Cabinet position. Her

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