For example, we created our Instagram platform “allwaysblack” to highlight Black authors. It’s curated by Cree Myles, who is a bookstagrammer and speaks authentically to her community. The platform now encompasses events and a newsletter. It's not just for Black History Month—it is an ongoing conversation that happens on a daily basis.
Article
| Jun 17, 2022
Citing recent research from Walmart, Mike Black, CMO at Profitero, said 82% of Walmart shoppers use their smartphones while shopping for groceries, and 43% use it to compare brands and products on Walmart.com. “You realize that ecommerce isn’t just a channel,” Black said. “It’s a shopping tool.”.
Article
| Sep 8, 2022
The Loveland Foundation will create a video series on mental health access for Black women and girls. Meanwhile, Satcher Health Leadership Institute will create a video series on the root causes of health inequities focusing on data challenges. And the National Birth Equity Collaborative will develop a video on how to improve health outcomes of Black mothers and birthing people. 2.
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| Sep 13, 2022
Greenwood, which targets Black and Latino customers. Fortú, which caters to Latino immigrants. Majority, which focuses on various immigrant communities. Broad-market challengers like Chime and Current, which have offerings designed to assist people who need help with their short-term liquidity needs. Retailers with banking arms could also benefit from added data.
Article
| Mar 14, 2022
Reverse-engineering can sometimes be used to draw conclusions about black-box algorithms, improving transparency and documentation.
Article
| Feb 15, 2022
The bearish perspective: Meanwhile, retailers and brands ranging from Under Armour to Best Buy to Stanley Black & Decker have offered pessimistic outlooks due to declining consumer demand. Fifty-nine percent of retailers that are small businesses are at risk of closing their doors by this fall, per an Alignable survey.
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| Aug 3, 2022
Black. Marcus Johnson:. Black is second. Oscar Orozco:. White? Marcus Johnson:. And white is first, yeah. 26% say white. 22% say black. Gray, oh, 18%. So if you count up white, black, gray, silver, blue and red, you account for 96% of the most popular car colors. Humans are so-. Oscar Orozco:. So boring. Marcus Johnson:. -boring. It's awful. I'm surprised.
Audio
| Aug 4, 2023
Wells Fargo’s refinancing practices found the bank only approved 47% of Black homeowners’ mortgage refinancing applications in 2020. Three Federal Reserve economists found in a 2021 paper that algorithmic systems for mortgage underwriting gave higher denial rates for minority borrowers.
Article
| May 6, 2022
There's a lot of shopping for value in different ways—sustainability, Black-owned businesses, and more. II: How have consumers' relationship to brands evolved in recent years? MW: Shopping is inherently personal. You see this when people shop and gravitate toward certain brands.
Article
| Dec 10, 2021
Chico’s said softening demand at White House Black Market in December drove it to decrease its forecast for fiscal Q4 net sales to $505 million to $515 million, down from its previously stated range of $535 million to $555 million. It also adjusted its diluted earnings share forecast to be between a two-cent decline and flat, down from a seven- to 10-cent increase.
Article
| Jan 9, 2023
Breaking that down: Older adults are more inclined to buy from brands that support the US military, while Gen Z is inclined to seek brands that support the Black Lives Matter movement and advocate for abortion access. Gen Z cares less than older generations do about companies operating in a repressive country, and less about global politics at large, according to Morning Consult.
Article
| Jan 12, 2023
It found that Black and Hispanic households had higher rates of being unbanked than other groups. 11% of Black and 9% of Hispanic households were considered unbanked, compared to 3% of Asian and 2% of white households. 33% of households with annual income less than $50,000 were unbanked, versus 3% of households with annual income over $50,000. 15% of households with members of working age who had a disability
Article
| Oct 28, 2022
And given the outsize number of Black and Hispanic adults in the US who use cash for the majority of purchases, that could hurt minority communities the hardest. But the uptick in cash use likely won’t persist in the long term and won’t require full strategy rethinks. But the trend, particularly among digitally savvy Gen Zers, shows cash’s appeal isn’t going away.
Article
| May 1, 2023
No timeframe has been given on when Marcus could move into the black and management is reportedly reviewing the bank’s spending plans, per the Financial Times. Goldman has had mixed success in diversifying its revenue mix, which is broadly still dominated by investment banking and global markets. The banking giant has also faced regulatory scrutiny over its consumer banking unit.
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| Aug 18, 2022
Report: Demographic Spotlight: Black Consumers 2022. Article: Which loans are weighing most on US consumers? Article: Nearly a third of US adults are facing financial insecurity.
Article
| Apr 27, 2022
Andrés Amezquita is vice president, global digital marketing at Stanley Black & Decker. Andrés focuses on developing and implementing global digital transformation from marketing and commercial perspectives.
Video
| Dec 27, 2021
NY-based Guava raised $2.4 million in July for Black small business owners. DIgital bank Totem is closing out a pre-seed funding round to bridge traditional banking with Native American tribal customs. Also based in New York, Grasshopper received $30.4 million to focus on small- and medium-sized enterprises.
Article
| Aug 11, 2022
Gen Z cares less than older generations about companies’ geopolitical problems and more about their supporting the Black Lives Matter movement and advocating for abortion access. More like this:. What should you know about Gen Z to drive your business? Gen Z will account for 1 in 5 people in the US. What does that mean for marketers?
Article
| Feb 2, 2023
The majority of US podcast listeners (59%) are white, followed by Hispanic (16%) and African-American (16%), Asian (3%), and “others” (6%). Those numbers are almost identical to the US population demographics. The increasingly diverse audience for podcasts helps advertisers reach an even broader spread of consumers as podcast ad spending continues to grow.
Article
| May 23, 2022
Why it’s worth watching: Healthcare pricing has long been a black box, and a platform like Turquoise’s could be a game changer in the way consumers select and access healthcare services.
Article
| May 12, 2022
Those that do this successfully will come out leaner, more cost-efficient, and in the black. In our report, Neobanks Confront Uncertainty: How Challengers Can Create a Lifeline as Funding Dries Up, we look at what neobanks can do in the short term to stay alive, and highlight some bigger changes on the horizon that could spell trouble for the struggling entities.
Article
| Jul 29, 2022
Today's fact, why are black holes called black holes? Any ideas Evelyn? Evelyn Mitchell:. Not a clue. Marcus Johnson:. Me neither. I asked NASA. Not directly, didn't call them up. But according to their website, a black hole is a place in space where gravity pulls so much that even light cannot get out. The gravity is so strong because matter has been squeezed into a tiny space.
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| Mar 8, 2023
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| Sep 19, 2023
Source: Data for Progress; American Economic Liberties Project; Fight Corporate Monopolies
Chart
| Sep 19, 2023
Source: Data for Progress; American Economic Liberties Project; Fight Corporate Monopolies
Hispanics represent 9.29% of people in streaming shows, lagging behind Blacks at 16.12% and 11.18% for Asians, per a report by the Latino Donor Cooperative. Despite their low presence in media, Hispanics are making a mark on the US population and economy.
Article
| Oct 27, 2022