The growing U.S. economy and improving business environment is bringing black workers back into the labor force, BET founder Robert Johnson told CNBC on Friday.
In January, the Labor Department reported the unemployment rate among black workers was at its lowest since at least the early 1970s, when the government began tracking the data. The unemployment rate for black Americans spiked in January and then fell in February. The rate was unchanged in March at 6.9 percent.
“When you look at that [January report], you have to say something is going right,” said Johnson, a Democrat and founder and chairman of The RLJ Cos.
“You have to take encouragement from what’s happening in the labor force and the job market,” Johnson told “Squawk Box.” “When you look at African-American unemployment, … you’ve never had African-American unemployment this low and the spread between African-Americans and whites narrowing.”
2017/07/03 – ‘How many hot dogs do Americans eat on the 4th of July?’ and other Independence Day numbers – Washington Examiner
Hot dogs – 150 million
Fireworks consumed – 268 million pounds
Countries the celebrate July 4th – 3
Check the link for more numbers…
A California high school has made millions of dollars from the initial public offering of shares in Snap Inc., the company behind the Snapchat photo messaging application.
The board of the Saint Francis high school in Mountain View agreed to invest $15,000 in seed money in Snap Inc. in 2012, when the company was just getting started.
The school says they sold two-thirds of their 2.1million Class A shares at $17 each, to raise $24 million. The remaining 700,000 shares that they held onto are now worth more than $17million, after the stock closed at $24.48 a share on Thursday.
This is a private Roman Catholic school that decided to do this. The results are extreme, but modest investments could be methods to lower tuition costs for some who may not have the money to attend private schools.
U.S. crude oil exports have exceeded 1.2 million barrels a day, per the Financial Times. That follows the lifting of a 40-year-old ban on crude oil exports in 2015, and far exceeds baseline projections.
The situation poses a threat to Saudi Arabia and other key OPEC members, which have historically had control over the oil industry and the power to gauge pricing.
I became famous as “Mess USA” when my boss — now the president of the United States — tossed me into rehab after I tested positive for cocaine. Rather than strip me of my crown or add to the negative press with a humiliation campaign, Donald Trump surprised me, and shocked the world, when he held a news conference and declared: “Tara is going to be given a second chance.”
It was 10 years ago that I got out of treatment, and I thank him for my 10 years of recovery. I will always be profoundly grateful. He saved my life and, essentially, made me great again.
This young lady had the perfect toxic mix in her life to be a long time drug abuser.
A good story of redemption. Not a lot about Trump in it, but obviously he was the turning point.
Hopefully with the opiod addictions ramping up, hopefully he can help turn that around also.