Policy News – December 1, 2022

Congress returns from its Thanksgiving break, but hopes are slim that lawmakers will achieve much in this lame-duck session. The most pressing item on their to-do list is keeping the government funded, with the current resolution set to expire on December 16. Leaders...

Industry News – December 1, 2022

Black Friday Sales Set Records Despite Economy Concerns  Consumers spent a record $9.12 billion in online shopping on Black Friday this past week according to Adobe that tracks retail web sales. Mobile orders also increased to 48% up from 44% in the previous year. ...

Policy News – November 23, 2022

For the first time in eight years, the Small Business Administration (SBA) raised small business monetary size standards in response to current inflation challenges. In both a final and an interim rule, the SBA updated the 496-size standards from a 2019 rule and added...

Industry News – November 23, 2022

Google Partners with Ludacris for Interactive Music Video Promoting Black-Owned Businesses   Google joined with performer and entrepreneur Ludacris for a new interactive music video for its “Black-Owned Friday” campaign. Through a partnership with the U.S. Black...

Black Florist Fund Grant Launches With Recipient Taylor Amilas Bates

Congratulations to Taylor Amilas Bates, the first Black Florist Fund Grant recipient! Chicago, IL – The Black Florist Fund (BFF), Asrai Garden, and the Association for Enterprise Opportunity (AEO) is pleased to announce Taylor Amilas Bates as the first recipient of a...

Industry News – November 17, 2022

Federal Reserve Hints at Slower Pace of Interest Rate Hikes Several Federal Reserve officials have hinted in interviews that the pace of current interest rate increases may slow down in the coming months. This change would allow them to gauge their recent...