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The Economic State of Black America: What Is and What Could Be

Closing racial gaps across the economy is not only about righting historic wrongs. It is also about choosing a more dynamic future and realizing the full potential of a massively underutilized source of talent, to the benefit of all Americans. The disparities on display during the COVID-19 pandemic were a jolt to America’s conscience. Job losses …

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How private equity can catalyze diversity, equity, and inclusion in the workplace

Business leaders hear a lot about disruption. But 2020 redefined the term. By March, the novel coronavirus had completely changed ways of life and work for billions of people. In May, the death of George Floyd produced an equally seismic shift in cultural awareness of systemic racism and set in motion urgent calls for racial equity—globally. …

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It’s Time for a New Approach to Racial Equity

Racial-equity commitments reach $200 billion since George Floyd protests: May 25, 2021, update To see how companies continued their commitments below in 2021, we took an updated look at monetary commitments from November 1, 2020, to May 19, 2021, analyzing the announced financial commitments of more than 1,100 companies and philanthropic institutions. All in all, we …

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Building supportive ecosystems for Black-owned US businesses

Article by By David Baboolall, Kelemwork Cook, Nick Noel, Shelley Stewart, and Nina Yancy from McKinsley.com Black business owners have been disproportionately affected by the pandemic-linked economic downturn, partly because they were more likely to already be in a precarious position, including more likely to be located in communities with business environments that are more …

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