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41% of black-owned businesses shuttered during pandemic’s first month

Approximately 441,000 black-owned businesses ceased operations as a result of government-ordered shutdowns.

It’s official, the U.S. economy is in a recession, says NBER

There’s been a lot of speculation from various commentators and guests on the cable TV talk-fests recently about the U.S. being in a recession....

Economic recovery remains elusive

Joblessness, foreclosures remain significant roadblock to recovery.