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Black Elites

How Inflation Is Redefining Black Community Spending Habits

How Inflation Is Redefining Black Community Spending Habits

If you’ve noticed your grocery bill creeping up, your gas tank emptying faster, or even thinking twice before hitting “buy” on everyday items, you’re not imagining it. Inflation is hitting, and for many Black families, feeling is more intense. Why the Impact Feels Stronger According to Federal Reserve data, black households face a somewhat greater […]

Financial Insecurity in America Soar to Record High – Survey

Financial Insecurity in America Soar to Record High - Survey

Financial insecurity among Americans has hit a ten-year peak, according to Northwestern Mutual’s 2024 Planning & Progress survey. One-third of American adults expressed feeling financially insecure, up from 27% in 2023, marking the highest level since 2012.  Christian Mitchell, the company’s chief customer officer, attributes this trend to the persistent financial disruptions Americans have faced in […]