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Economy

TheGrio CNBC Market Update

theGrio and CNBC Market Update 9/17/12

Shartia Brantley
VIDEO - There was quite a bit of data for investors to analyze last week...
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banks

21.4 percent of black families don't have bank accounts

Marcy Gordon, Associated Press
WASHINGTON - A government survey shows about 821,000 U.S. households lost access to basic banking services between January 2009 and June 2011...
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Shandola Williams waits in an employment office on May 14, 2012 in Utica, New York. (Photo by Spencer Platt/Getty Images)

US poverty rate unchanged; record numbers persist

Hope Yen, Associated Press
WASHINGTON (AP) - The Census Bureau says the number of Americans in poverty stood at 15 percent in 2011 as the number of poor remained at record highs...
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TAMPA, FL - AUGUST 30: Republican presidential candidate, former Massachusetts Gov. Mitt Romney claps after posing with campaign staffers for a photo during the final day of the Republican National Convention at the Tampa Bay Times Forum on August 30, 2012 in Tampa, Florida. Former Massachusetts Gov. Mitt Romney was nominated as the Republican presidential candidate during the RNC which will conclude today. (Photo by Win McNamee/Getty Images)

Obama gets grim job news; Romney pounces on it

Donna Cassata and Julie Pace, Associated Press
CHARLOTTE, N.C. (AP) - His convention over, President Barack Obama ran smack into the harsh reality of a bleak new report on the nation's unemployment outlook Friday...
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SAN FRANCISCO, CA - MARCH 27:  A job seeker fills out a registration form as he waits to enter the San Francisco Hirevent job fair at the Hotel Whitcomb on March 27, 2012 in San Francisco, California. As the national unemployment rate stands at 8.3 percent, job seekers turned out to meet with recruiters at the San Francisco Hirevent job fair where hundreds of jobs were available.  (Photo by Justin Sullivan/Getty Images)

Black unemployment stays put as US rate falls

Christopher S. Rugaber, Associated Press
WASHINGTON (AP) - The black unemployment stayed stuck at exactly 14.1 percent, while African-American teen unemployment ticked up slightly from 36.6 percent to 37.9...
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Democratic presidential candidate, U.S. President Barack Obama waves on stage after accepting the nomination with his family, (L-R) Sasha Obama, First lady Michelle Obama, and Malia Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Joe Raedle/Getty Images)

Obama: 'My fellow citizens, you were the change'

Associated Press
CHARLOTTE, N.C. (AP) - Obama used his nationally televised speech closing out the Democratic National Convention to try to revive the excitement that powered his first run for the presidency...
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additional-jobless-aid-hinges-on-house-vote-16x9.jpg

Are black Americans worse off economically than four years ago?

theGrio
Millions of African-Americans are worse off economically than four years ago, Bloomberg News writes, although many of the challenges they have faced long preceded President Obama...
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tg_cnbc_1200828

theGrio and CNBC Market Update

Shartia Brantley
VIDEO - Last week investors received some positive data the economy grew by 1.7 percent during the spring...
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tg_cnbc_1200828

theGrio and CNBC Market Update

Shartia Brantley
VIDEO - Investors had to parse fed, housing and jobs data last week...
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poverty-coins-4x3.jpg

Poverty remains largely absent from 2012 campaign debate

Bob Herbert
OPINION - With the ranks of the poor surging and much of the nation hobbled economically, officeholders can barely find the courage to acknowledge that poverty even exists...
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