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	<title>Black &#8211; Our Story Insight</title>
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		<title>April 7 is National Black Bookstore Day</title>
		<link>https://www.ourstoryinsight.com/april-7-is-national-black-bookstore-day/</link>
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		<pubDate>Mon, 30 Mar 2026 19:55:38 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
		<category><![CDATA[April]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[bookstore]]></category>
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		<category><![CDATA[national]]></category>
		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=14282</guid>

					<description><![CDATA[<p>The National Association of Black Bookstores (NAB2), founded on Juneteenth, 2025, has announced the first National Black Bookstore Day to be celebrated on April 7. National Black Bookstore Day is intended to “recognize, elevate, and drive support to Black-owned bookstores across the United States.” NAB2 founder Kevin Johnson, who owns Underground Books in Sacramento, CA, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/april-7-is-national-black-bookstore-day/">April 7 is National Black Bookstore Day</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>The National Association of Black Bookstores (NAB2), founded on Juneteenth, 2025, has announced the first National Black Bookstore Day to be celebrated on April 7. </p>
<p>National Black Bookstore Day is intended to “recognize, elevate, and drive support to Black-owned bookstores across the United States.” NAB2 founder Kevin Johnson, who owns Underground Books in Sacramento, CA, noted in a release that the event also honors the legacy of his late mother, Georgia “Mother Rose” Peat West, who opened Underground Books in 2003. </p>
<p>Participating in National Black Bookstore Day is easy: </p>
<ul class="wp-block-list">
<li>Consult NAB2‘s directory to locate a Black-owned bookstore near you. </li>
<li>Make a purchase. </li>
<li>Share on social media using #NationalBlackBookstoreDay and #NAB2. </li>
</ul>
<p>Your support matters. Per data from the State of the Black Bookstore Report NAB2 released in February, the 306 Black-owned bookstores in the U.S. account for just 8% of all indies, and the vast majority (more than 90%) report annual revenue under $250k. </p>
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<p>If you’re in one of the 14 states that does not currently have a Black-owned bookstore, you can shop online from a NAB2 member store or donate directly to the organization.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/april-7-is-national-black-bookstore-day/">April 7 is National Black Bookstore Day</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>» How Black Studies departments are being dismantled at American colleges.</title>
		<link>https://www.ourstoryinsight.com/how-black-studies-departments-are-being-dismantled-at-american-colleges/</link>
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		<pubDate>Sat, 21 Mar 2026 07:41:45 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
		<category><![CDATA[American]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[colleges]]></category>
		<category><![CDATA[departments]]></category>
		<category><![CDATA[dismantled]]></category>
		<category><![CDATA[Studies]]></category>
		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=14048</guid>

					<description><![CDATA[<p>A new report in the Chronicle of Higher Education shows how Black Studies departments around the country have been kneecapped by a multi-pronged conservative strategy to halt the study of race at American schools. Those who have been paying attention to the administration’s ongoing campaign against “DEI” will not be shocked to find that gambling’s been going on here. But [&#8230;]</p>
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]]></description>
										<content:encoded><![CDATA[<p></p>
<p>A new report in the Chronicle of Higher Education shows how Black Studies departments around the country have been kneecapped by a multi-pronged conservative strategy to halt the study of race at American schools.</p>
<p>Those who have been paying attention to the administration’s ongoing campaign against “DEI” will not be shocked to find that gambling’s been going on here. But Jafari S. Allen, author of the Chronicle analysis and editor of Souls: A Critical Journal of Black Politics, Culture, and Society, broke down the how and the who in a compellingly clear-eyed study.</p>
<p>Inspired by an emergency forum held earlier this March—which convened leaders of the imperiled discipline from colleges all around the country—Allen takes a bird’s eye view of bummer terrain. The current crisis facing ethnic studies, he argues, is the result of four distinct rhetorical, legal, administrative, and enforcement strategies.</p>
<p>Allen pins the origins of a rhetorical strategy to early 2020, when conservative activist Christopher Rufo launched his screed against Critical Race Theory, a complex body of scholarship that he effectively defined as “any teaching in K-12 education about race, racism, and American history.”</p>
<p>This tack gained major traction on the right, and became a key Trump platform. And while public opinion was being whipped, a legal strategy kicked off behind the bench.</p>
<p>In June 2023, the Supreme Court’s decision in Students for Fair Admissions v. Harvard ended “race-conscious admissions,” i.e., affirmative action.</p>
<p>The past three years of enrollment data show the consequences of this landmark decision. Black student enrollment has fallen drastically at Ivy League schools. Which correlates to a decline in the number of students concentrating and majoring in Black Studies.</p>
<p>Those schools, in turn, can now defund programs based on low numbers. But “this is not an oversight,” Allen insists. “The argument that departments are failing to attract students is being made by the people who ensured fewer of those students would arrive.”</p>
<p>On the admin end, colleges have been lately cowed by new regulations at the Department of Education. A 2025 letter enshrined the SFFA decision into a general—if, again, vaguely defined—policy.</p>
<p>In a particularly craven twist, this letter enlisted the Civil Rights Act of 1964 and the Equal Protection Clause to halt or hinder affinity programming in schools. Because as the new legal logic goes, any theory designed to acknowledge race in America is racist.</p>
<p>The last move—enforcement—launched in February of this year, when the Education Department announced that dozens of universities would terminate their partnerships with the PhD Project, a nonprofit “that has helped more than 1,500 Black, Indigenous, and Latino students earn doctoral degrees in business.”</p>
<p>Schools that signed on to this resolution also allowed an audit of all their external partnerships, so federal and state enforcers could suss out potential Civil Rights violations. Which will inevitably lead to more stories like this one, about the recent curricular kerfuffle ousting Plato and his gender ideology from Texas A&amp;M.</p>
<p>*</p>
<p>Allen’s report also shows how ethnic studies departments have been structurally vulnerable since their inception. Early investment in race and gender studies “favored programs over departments,” which has always made financing a tenuous proposition. And at the end of the day, even the highest minded universities stay beholden to bottom lines and trustees.</p>
<p>Noting a pattern whereby ethnic studies programs are bundled or absorbed into other departments—a recent phenomenon we can observe at New York University and the University of Iowa, among other places—Allen is clear-eyed.</p>
<p>“An institution genuinely committed to Black intellectual life as part of its scholarly mission would respond to the current assault the way it would respond to any political intervention threatening a department whose scholarly standing was beyond dispute. An institution merely managing minority difference will run a calculation.”</p>
<p>The thing to change, then? We’re back to rhetoric.</p>
<p>*</p>
<p>To recap: the conditions are Not Great, Bob for ethnic studies across the board. In Kentucky, where House Bill 4 recently eliminated DEI programs at all public universities, the University of Louisville’s Pan-African Studies doctoral program is now on the chopping block. This program represents the state’s only comprehensive Black Studies department.</p>
<p>The University of Texas recently dissolved its department. And a Senate Bill in Florida has siloed its African American Studies courses—among others, ethnically-minded—through a keyword search stripping courses of “their general-education designation,” which status is crucial to secure funding.</p>
<p>What does this mean for the future of a key American intellectual tradition? Traditions?</p>
<p>Allen insists that there is a path to resistance. And in the meantime, rolling over is a non-starter. “The most dangerous threat to Black studies right now is not coming from the federal government,” he writes. “It is coming from institutions that have decided, in advance, that accommodation is the same thing as survival.”</p>
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		<title>NASA to send first Black, first female astronauts to moon</title>
		<link>https://www.ourstoryinsight.com/nasa-to-send-first-black-first-female-astronauts-to-moon/</link>
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		<pubDate>Sun, 01 Mar 2026 07:14:49 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[astronauts]]></category>
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		<category><![CDATA[Moon]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=13577</guid>

					<description><![CDATA[<p>NASA is preparing to launch a mission to the moon — and it&#8217;s making history for more reasons than one. The space agency&#8217;s Artemis II launch marks the U.S.&#8217;s first journey back to the moon in more than 50 years. It will also carry the first Black astronaut and the first female astronaut to travel [&#8230;]</p>
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]]></description>
										<content:encoded><![CDATA[<p></p>
<p>NASA is preparing to launch a mission to the moon — and it&#8217;s making history for more reasons than one.</p>
<p>The space agency&#8217;s Artemis II launch marks the U.S.&#8217;s first journey back to the moon in more than 50 years. It will also carry the first Black astronaut and the first female astronaut to travel to the moon, though the mission will be a flyby without a touchdown on the surface.</p>
<p>The launch, originally scheduled for early February and now delayed, will carry four astronauts around the moon and back, including Victor Glover and Christina Koch, the first Black and first female astronauts, respectively, to make the flight. </p>
<p>The mission follows the success of the Artemis I launch in 2022, which was uncrewed, and marks NASA&#8217;s next step toward eventually sending astronauts to Mars.</p>
<p>&#8220;The benefits of the Artemis program are technological, but they&#8217;re also cultural,&#8221; Glover, who is a decorated U.S. Navy captain and has traveled to the International Space Station, said in a 2024 NASA video. &#8220;What really means something to me is the inspiration that will come from it, inspiring future generations to reach for the moon, literally to reach for the moon.&#8221; </p>
<p>Koch began her career at NASA, starting as an engineer and going on to conduct scientific research before becoming an astronaut in 2013, also traveling to the International Space Station.</p>
<p>&#8220;The one thing I&#8217;m most excited about is that we are going to carry your excitement, your aspiration, your dreams with us on this mission,&#8221; Koch said at the 2023 press conference when the mission&#8217;s astronauts were announced.</p>
<p>Danielle Wood, a professor in the astronautics department at Massachusetts Institute of Technology, said this mission builds upon decades of NASA&#8217;s work, including lessons learned from its previously failed endeavors.</p>
<p>&#8220;NASA&#8217;s been thinking through this whole process, two decades&#8217; worth, of what we&#8217;re going to do is prepare the government to focus on these harder, next-generation missions and be able to do things that are not already demonstrated,&#8221; Wood told CNBC. </p>
<p>Wood said she&#8217;s also thankful that NASA has created a commitment to sending more diverse astronauts to space who &#8220;represent society in a more broad way.&#8221; Though the space agency initially emphasized military training for astronauts, she said opening up those requirements has led to exciting developments.</p>
<p>&#8220;It is still the case that there are many firsts, many glass ceilings, that need to be broken by Black women and Black men and women in general — that&#8217;s still real,&#8221; Wood added.</p>
<p>The mission will encompass more than just an exploratory journey to the moon too, she said. NASA will be conducting scientific research on the astronauts&#8217; health, the rocket and the science of the moon. The mission is also working in conjunction with other countries, like Saudi Arabia and Germany, as part of &#8220;goodwill&#8221; agreements to pool together resources for moon research, Wood said.</p>
<p>&#8220;That&#8217;s just one step for this bigger, new form of operation,&#8221; she said.</p>
<p>Space historian Amy Shira Teitel, who&#8217;s been studying space for more than two decades, said Artemis II is the beginning of NASA&#8217;s next chapter of research. </p>
<p>&#8220;It&#8217;s marking a new era of leaving low Earth orbit, which we haven&#8217;t done since 1972,&#8221; she told CNBC. &#8220;It&#8217;s still a significant step because at the end of the day, we&#8217;re still going to gain some information that can be applied to whatever the next step is.&#8221;</p>
<p>Still, Teitel has her doubts about whether this launch will be the first step toward a lasting presence on the moon. Between budget restraints, multiple launch delays and complicating political factors, Teitel said the rocket launching this mission is &#8220;widely regarded as a huge boondoggle.&#8221;</p>
<p>That comes even as the space sector — and the journey back to the moon — has become more crowded. </p>
<p>Elon Musk&#8217;s SpaceX announced earlier this month that it was shifting its efforts from Mars explorations to moon explorations. Texas-based rocket and spacecraft builder <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Firefly Aerospace<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> and Houston-based space startup <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Intuitive Machines<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> have both sent spacecraft to the moon.</p>
<p>And NASA plans to retire the International Space Station in favor of smaller space stations focusing on the moon and Mars, with costs adding up. The U.S. Senate has also advanced legislation to support NASA&#8217;s advancements and create thousands of aerospace jobs, especially in Alabama, where the Marshall Space Flight Center is located.</p>
<p>Though the Artemis II launch will mark a significant step in NASA&#8217;s history, Teitel said she is choosing to remain cautiously optimistic about the future of space exploration, despite the hurdles.</p>
<p>&#8220;There&#8217;s so many challenges with this program right now stemming from policy, not from the astronauts or the engineers, just stemming from the fact that space is so complicated and so rooted in politics and so expensive that it&#8217;s hard to be that thrilled about this as the next step when everything else feels so tenuous,&#8221; Teitel said.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/nasa-to-send-first-black-first-female-astronauts-to-moon/">NASA to send first Black, first female astronauts to moon</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>How black boxes became key to solving airplane crashes</title>
		<link>https://www.ourstoryinsight.com/how-black-boxes-became-key-to-solving-airplane-crashes/</link>
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		<pubDate>Mon, 01 Dec 2025 05:39:36 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Airplane]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[boxes]]></category>
		<category><![CDATA[crashes]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=11238</guid>

					<description><![CDATA[<p>After the search for survivors and recovery of victims in tragic aviation accidents — like that of a UPS cargo plane shortly after takeoff from Louisville Muhammad Ali International Airport in Kentucky last month — comes the search for flight data and a cockpit voice recorder often called the &#8220;black box.&#8221; Every commercial plane has them. Aerospace giants [&#8230;]</p>
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]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0" /></p>
<p>After the search for survivors and recovery of victims in tragic aviation accidents — like that of a <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">UPS<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> cargo plane shortly after takeoff from Louisville Muhammad Ali International Airport in Kentucky last month — comes the search for flight data and a cockpit voice recorder often called the &#8220;black box.&#8221; </p>
<p>Every commercial plane has them. Aerospace giants <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">GE Aerospace<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Honeywell<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> are among a few companies that design them to be nearly indestructible so they can help investigators understand the cause of a crash. </p>
<p>&#8220;They&#8217;re very crucial because it&#8217;s one of the few sources of information that tells us what happened leading up to the accident,&#8221; said Chris Babcock, branch chief of the vehicle recorder division at the National Transportation Safety Board. &#8220;We can get a lot of information from parts and from the airplane.&#8221; </p>
<p>Commercial aircraft have become very complex. A <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Boeing<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> 787 Dreamliner records thousands of different pieces of information. In the case of the Air India crash in June, data revealed both engine fuel switches were put into a cutoff position within one second of each other. A voice recording from inside the cockpit captured the pilots discussing the cutoffs.</p>
<p>&#8220;All of those parameters today can have a very huge impact on the investigation,&#8221; said former NTSB member John Goglia. &#8220;It&#8217;s our goal to to provide information back to our investigators who are on scene as quick as we can to help move the investigation forward.&#8221;</p>
<p>This crucial data can also help prevent future accidents. A crash can cost airlines or plane manufacturers hundreds of millions of dollars and leave victims&#8217; families with a lifetime of grief.</p>
<p>But in some circumstances black boxes were destroyed or never found. Experts say further developments such as cockpit video recorders and real-time data streaming are needed. </p>
<p>&#8220;The technology is there. Crash worthy cockpit video recorders are already being installed in a lot of helicopters and other types of airplanes, but they&#8217;re not required,&#8221; said Jeff Guzzetti, aviation analyst and former accident investigator for the Federal Aviation Administration and NTSB. &#8220;There&#8217;s privacy and cost issues involving cockpit video recorders but the NTSB has been recommending that the FAA require them for years now.&#8221; </p>
<p>Watch the video to learn more. </p>
<p>— CNBC&#8217;s Leslie Josephs contributed to this report.</p>
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		<title>Black Friday is most popular with Gen Z</title>
		<link>https://www.ourstoryinsight.com/black-friday-is-most-popular-with-gen-z/</link>
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		<pubDate>Thu, 27 Nov 2025 02:24:15 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[Friday]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=11120</guid>

					<description><![CDATA[<p>Black Friday signage at a Target store ahead of Black Friday in Jersey City, New Jersey, US, on Tuesday, Nov. 25, 2025. Michael Nagle &#124; Bloomberg &#124; Getty Images Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC. AT&#38;T Business&#8216; 2025 Holiday [&#8230;]</p>
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]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0" /></p>
<p>Black Friday signage at a Target store ahead of Black Friday in Jersey City, New Jersey, US, on Tuesday, Nov. 25, 2025. </p>
<p>Michael Nagle | Bloomberg | Getty Images</p>
<p>Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">AT&amp;T Business<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span>&#8216; 2025 Holiday Shopping Survey, conducted by Morning Consult, found that 40% of Generation Z members and 32% of millennials plan to do most of their shopping on Black Friday. Older generations, on the other hand, prefer to shop later in the season, just a week or two before Christmas, the survey found.  </p>
<p>&#8220;Black Friday is always such a big deal, and the pricing and the offers and advertising that&#8217;s done during that time is probably what would draw Gen Z, especially things done on social media,&#8221; said Angela Rutherford, AT&amp;T&#8217;s vice president of mid-market sales.</p>
<p>The enthusiasm for Black Friday comes even as Gen Z plans to pull back their spending. </p>
<h2 class="RelatedContent-header">Read more CNBC Black Friday news</h2>
<p>Consulting firm PwC reported in September that Gen Z shoppers plan to spend 23% less on average this holiday season than a year ago – the sharpest decline of any generation and a significant change from the previous year, when Gen Z said they planned to spend 37% more.</p>
<p>And as non-wealthy Americans face pressures of higher prices and economic uncertainty, some reports are showing signs of a &#8220;K-shaped&#8221; economy that may stretch into the holiday season, with wealthier consumers spending more and lower-income consumers shopping more conservatively.</p>
<p>A new Deloitte survey found that consumers at large plan to spend 4% less on Black Friday than they did last year, primarily due to concerns of financial constraints and a higher cost of living.</p>
<p>Still, Rutherford said consumers are being more &#8220;intentional and value-driven&#8221; in their holiday shopping this year. </p>
<p>That spending is translating into more support for small businesses rather than large legacy retailers, with 77% of consumers reporting they would do all of their holiday shopping at small businesses if they could and if the pricing was the same, according to AT&amp;T&#8217;s survey. </p>
<p>Compared with last year, the number of survey respondents who said they shop at small businesses to boost their local economies grew by 8 percentage points. </p>
<p>&#8220;I think there&#8217;s a price consciousness out there, combined with a, &#8216;If I can still save money or get a good price, I will still shop local,&#8217; type of mentality out there,&#8221; Rutherford said. </p>
<p>The AT&amp;T survey also found that 72% of people reported getting their gift ideas from in-person shopping rather than from social media. </p>
<p>And even as artificial intelligence begins to reshape the way people shop, more than half of shoppers said they were more likely to use traditional online search methods for their gifting this holiday season than AI – just 9% of those surveyed said they are more likely to use AI to find gifts. </p>
<p>&#8220;AI has exploded over the last couple years, and it&#8217;s infiltrating all aspects of life,&#8221; Rutherford said. &#8220;I think as time goes on, you will see a shift from the traditional search to AI for shopping.&#8221;</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/black-friday-is-most-popular-with-gen-z/">Black Friday is most popular with Gen Z</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>UK BGC chief warns gambling tax hike could push $11B to black market</title>
		<link>https://www.ourstoryinsight.com/uk-bgc-chief-warns-gambling-tax-hike-could-push-11b-to-black-market/</link>
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		<pubDate>Wed, 12 Nov 2025 05:41:11 +0000</pubDate>
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					<description><![CDATA[<p>The CEO of the UK’s Betting and Gaming Council has outlined a warning that £8.4 billion ($11.1 billion) in bets could go to the black market if the proposed tax hike goes ahead. On the heels of its warning about the potential impact on jobs at the end of last month, the CEO of the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/uk-bgc-chief-warns-gambling-tax-hike-could-push-11b-to-black-market/">UK BGC chief warns gambling tax hike could push $11B to black market</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The CEO of the UK’s Betting and Gaming Council has outlined a warning that £8.4 billion ($11.1 billion) in bets could go to the black market if the proposed tax hike goes ahead.</p>
<p>On the heels of its warning about the potential impact on jobs at the end of last month, the CEO of the Betting and Gaming Council, Grainne Hurst, shared an open warning on November 7 to the Chancellor and the UK government about concern around the proposed gambling tax hike in the Autumn Budget.</p>
<p>Chancellor Rachel Reeves has hinted that UK gambling firms could expect to see big tax humps on sports betting, online or in betting shops, excluding horse racing, with rates rising from 15% to as high as 30%, while online slot taxes could climb from 20% to 50%.</p>
<p>Industry leaders have been quick to rally against the proposed plans, with one of the UK’s largest bookmakers, Betfred, warning that such a move could result in all its high-street shops closing down. Now, Hurst is also adding her voice to the criticism, warning that further tax increases would not only directly impact UK businesses but also put consumers at risk. This comes after Hurst referred to those at risk of gambling harms as a small minority while giving evidence to the Treasury Select Committee last month.</p>
<p>“Further tax increases on the regulated online sector risk undermining consumer protections by pushing players towards the unsafe, unregulated black market, while reducing Treasury revenues and cutting the vital funding our members provide to British sport, including horse racing, football, rugby league, darts, and snooker,” she wrote in the article published by the BGC.  “Independent analysis by EY shows such proposals could put over 40,000 jobs at risk, divert £8.4 billion in stakes to the black market, and wipe £3.1 billion from the sector’s contribution to the UK economy.”</p>
<p>Hurst addressed many of the concerns around supporting gambling businesses, underlining how BGC members invest their profits into protective measures to reduce gambling-related harm. As with other UK businesses, the BGC also underlined how they contribute to the UK economy through taxes already, while also providing hundreds of thousands of jobs.</p>
<h2><span id="uk_gambling_business_already_pay_their_fair_share_amid_tax_hike_plans">UK gambling business already pay their ‘fair share’ amid tax hike plans</span></h2>
<p>In terms of the current level of taxation on UK gambling firms, Hurst argued that companies are already “already highly taxed” and “highly regulated.” Currently, all online betting and gaming in Britain is taxed on a ‘point of consumption’ basis, so any bet placed by a UK customer is taxed at the point of sale, no matter where the operator is based.</p>
<p>In real numbers, BGC members contribute £6.8 billion ($9 billion) to the economy, generate £4 billion in tax, and support 109,000 jobs, according to data cited by Hurst.</p>
<p>“Much is at stake in the Chancellor’s Budget,” she concluded. “Get it wrong, and it’s not just jobs and growth that will suffer, it’s safer gambling itself. To protect consumers and support a safer, stronger industry, we must keep gamblers playing within the regulated market.”</p>
<p><strong>Featured image: Canva</strong></p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/uk-bgc-chief-warns-gambling-tax-hike-could-push-11b-to-black-market/">UK BGC chief warns gambling tax hike could push $11B to black market</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Why Black entrepreneurs flock to Martha&#8217;s Vineyard every August</title>
		<link>https://www.ourstoryinsight.com/why-black-entrepreneurs-flock-to-marthas-vineyard-every-august/</link>
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		<pubDate>Fri, 01 Aug 2025 23:03:35 +0000</pubDate>
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					<description><![CDATA[<p>Sign at Martha&#8217;s Vineyard Airport, Massachusetts Cindygoff &#124; Istock &#124; Getty Images Martha&#8217;s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. &#8220;I would say the magic of it is really about introducing [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/why-black-entrepreneurs-flock-to-marthas-vineyard-every-august/">Why Black entrepreneurs flock to Martha&#8217;s Vineyard every August</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>Sign at Martha&#8217;s Vineyard Airport, Massachusetts </p>
<p>Cindygoff | Istock | Getty Images</p>
<p>Martha&#8217;s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too.</p>
<p>&#8220;I would say the magic of it is really about introducing your network to someone else&#8217;s network,&#8221; said Calvin L. Butts Jr., founder of East Chop Capital, a private equity firm named after a neighborhood on the island. &#8220;We found great success raising capital there, we&#8217;ve had our portfolio companies speak as well, we&#8217;ve done very, very well with deal flow.&#8221;</p>
<p>A wide range of companies including <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-1">Disney<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-2">Cisco<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-3">Goldman Sachs<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-4">McDonald&#8217;s<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-5">Google<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-6">Ford<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, Mckinsey and CNBC parent company <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-7">Comcast<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> are hosting or sponsoring business-focused events on the Vineyard this month.</p>
<p>The Black Economic Alliance is hosting an event called &#8220;The Gathering,&#8221; bringing together corporate leaders to discuss ways to help increase the opportunities for Black employees and companies.</p>
<p>&#8220;The Vineyard is a spot to capture an audience who wants to have an intellectual and financial conversation about how to uplift Black culture,&#8221; said Melissa Bradley, general partner of the BEA Venture Fund.</p>
<h2 class="ArticleBody-subtitle">Old traditions, new opportunities</h2>
<p>Martha&#8217;s Vineyard became a popular vacation destination for Black families over a century ago with the opening of the first hotel that allowed Black visitors, Shearer Cottage, in 1912.</p>
<p>Since then, Black families have bought homes and created a community centered around the town of Oak Bluffs and Inkwell Beach, a name that is a nod to the segregation on the island in the past.</p>
<p>Sign welcoming visitors to Oak Bluffs Massachusetts on Martha&#8217;s Vineyard. </p>
<p>Melissa Kopka | Istock | Getty Images</p>
<p>This year, clothing brand Ralph Lauren released its Oak Bluffs collection looking to recognize and capitalize on the history and prestige of the island that hosts visitors like Michelle and Barack Obama, Oprah Winfrey and Spike Lee.</p>
<p>Eden Bridgeman Sklenar, CEO of EBONY Magazine, is hosting an event with the founders of Black-owned spirit brand Uncle Nearest and said she sees the Vineyard as a way to bring the history and the future of the magazine to life for its target audience.</p>
<p>&#8220;For EBONY, being present on the Vineyard in August is both strategic and personal,&#8221; Sklenar said in a statement. &#8220;It&#8217;s an opportunity to connect with a powerful cross-section of our community, deepen meaningful relationships, and position the brand not just as a cultural icon, but as a modern business driving impact, visibility, and growth.&#8221;</p>
<p>Eden Bridgeman Sklenar, CEO, Ebony &#038; Jet, speaks onstage during EBONY Power 100 Gala 2024 at Nya Studios on November 17, 2024 in Los Angeles, California. </p>
<p>Leon Bennett | Getty Images Entertainment | Getty Images</p>
<p>Donae Burston, founder of La Fête du Rosé, said he also sees tapping into the culture of the Martha&#8217;s Vineyard community as an organic way to grow sales among a consumer base that aligns with his marketing as a luxury brand.</p>
<p>&#8220;For us it would mean so much to have the acceptance of people in Martha&#8217;s Vineyard,&#8221; said Burston. &#8220;Being able to go to Martha&#8217;s Vineyard and focus on [high-net-worth] individuals from all over the world who appreciate wine — It&#8217;s visibility, it&#8217;s helping them become evangelists to go back home and spread the gospel.&#8221;</p>
<p>For four generations, Erin Goldson and her family have spent summers in Martha&#8217;s Vineyard. This year she is launching a new event called the &#8220;Vineyard Icon Awards,&#8221; sponsored by <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-8">Diageo<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-9">Estee Lauder<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>. The honorees are business and political leaders who are helping to shape August on Martha&#8217;s Vineyard as a place where culture and commerce meet.</p>
<p>&#8220;Over the last five or so years, a lot of companies are realizing that there is a wealth of successful, accomplished, driven Black professionals, who decide to come to the Vineyard in August,&#8221; Goldson said.</p>
<p>&#8220;You can come to the vineyard for rest and relaxation,&#8221; she said. &#8220;But every year here there is also a growing legacy, where Black ambition and aspiration are celebrated in a very unique way.&#8221;</p>
<p>Disclosure: Comcast is the parent company of CNBC.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/why-black-entrepreneurs-flock-to-marthas-vineyard-every-august/">Why Black entrepreneurs flock to Martha&#8217;s Vineyard every August</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Essence Fest leads a summer of events for Black entrepreneurs</title>
		<link>https://www.ourstoryinsight.com/essence-fest-leads-a-summer-of-events-for-black-entrepreneurs/</link>
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		<pubDate>Mon, 07 Jul 2025 01:38:02 +0000</pubDate>
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					<description><![CDATA[<p>U.S. Vice President Kamala Harris speaks on stage with Essence CEO Caroline Wanga at the Global Black Economic Forum during the 30th annual Essence Festival of Culture at the Ernest N. Morial Convention Center on July 6, 2024 in New Orleans, Louisiana. Michael Democker &#124; Getty Images News &#124; Getty Images In a year when [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/essence-fest-leads-a-summer-of-events-for-black-entrepreneurs/">Essence Fest leads a summer of events for Black entrepreneurs</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>U.S. Vice President Kamala Harris speaks on stage with Essence CEO Caroline Wanga at the Global Black Economic Forum during the 30th annual Essence Festival of Culture at the Ernest N. Morial Convention Center on July 6, 2024 in New Orleans, Louisiana. </p>
<p>Michael Democker | Getty Images News | Getty Images</p>
<p>In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers.</p>
<p>&#8220;Essence Fest is like my Black Friday,&#8221; said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. &#8220;It is my biggest sales weekend of the year. It&#8217;s where I make all the capital I reinvest in my business.&#8221;</p>
<p>Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity, according to organizers.</p>
<p>&#8220;It&#8217;s the cannot-miss event for us,&#8221; said Brittney Adams, owner of eyewear brand Focus and Frame. She said this year Essence Fest is even more important because she&#8217;s seen Black consumers pulling back on spending.</p>
<p>&#8220;I would say the uncertainty of just the economic and political climate — that&#8217;s giving people a little bit of hesitancy. Should they save the money? Should they buy the things they want?&#8221; Adams said.</p>
<p>Ivory said her sales are down roughly 30% year over year, but she&#8217;s hopeful people come to New Orleans looking to spend their time and money in the festival marketplace.</p>
<p>&#8220;This could make or break some of us,&#8221; she said. &#8220;It&#8217;s one of the few places where Black women, Black founders can really come together and be seen.&#8221;</p>
<p>The Global Black Economic Forum aims to bring visibility and create solutions for Black business owners at Essence Fest. This year speakers include Supreme Court Justice Ketanji Brown-Jackson and Maryland Gov. Wes Moore. Last year, then-Vice President Kamala Harris spoke.</p>
<p>&#8220;We intentionally curate a space that allows leaders to preserve, build and reimagine how we can collectively increase economic opportunity to thrive,&#8221; said Alphonso David, CEO of the GBEF.</p>
<h2 class="ArticleBody-subtitle">Second half shift</h2>
<p>While many Black Americans express economic anxiety, the data is less clear.</p>
<p>In the first quarter of this year, according to Federal Reserve data, the median weekly salary for Black workers was $1,192 a 5% increase year over year. Black unemployment stood at 6% in the most recent jobs report, a historically low number, but still higher than the national average of 4.2%.</p>
<p>However, the data doesn&#8217;t appear to fully reflect the sentiment for many Black Americans who are concerned about the political, cultural and economic shifts that have taken place since President Donald Trump&#8217;s election.</p>
<p>&#8220;Never let a good crisis go to waste,&#8221; said John Hope Bryant, founder and CEO of Operation Hope, one of the nation&#8217;s largest non-profits focused on financial education and empowerment.  </p>
<p>Bryant said he sees the concerns of Black Americans as an opportunity in the second half of 2025.</p>
<p>John Hope Bryant is the founder and CEO of Operation Hope.</p>
<p>Paras Griffin | Getty Images Entertainment | Getty Images</p>
<p>&#8220;This president has done something that hasn&#8217;t been done since the 1960s, which is unify Black America. Wealth was created in the early 20th century because Blacks were forced to work together. But instead of Black Lives Matter, let&#8217;s make Black capitalist matter,&#8221; he said.</p>
<p>Pastor Jamal Bryant of New Birth Missionary Baptist Church has galvanized Black consumers with an organized boycott of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-2">Target<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> that began in February in response to the retailer&#8217;s decision to roll back diversity, equity and inclusion initiatives.</p>
<p>Bryant said he is in discussions with Target but is ready to organize a longer-term boycott if the retailer does not fulfill the promises it made to the Black community after the killing of George Floyd. He is urging Black Americans to use the estimated $2.1 trillion dollars in spending power forecast by 2026 to drive economic and political change.</p>
<p>&#8220;I would dare say that &#8216;pocketbook protests&#8217; are a revolutionary activity,&#8221; said Bryant.</p>
<p>&#8220;I think we have to be very selective in light of the &#8216;Big Ugly Bill&#8217; that just passed and how it will adversely affect our community,&#8221; he said, referencing Trump&#8217;s megabill that passed through Congress this week.</p>
<h2 class="ArticleBody-subtitle">Celebrate and educate</h2>
<p>Invest Fest, an event that blends commerce and culture created by financially focused media company Earn Your Leisure kicks off in Atlanta in August.</p>
<p>Co-CEOs Rashad Bilal and Troy Millings said the event will remain focused on financial literacy, but this year they are emphasizing the urgent need for education and entrepreneurship in technology.</p>
<p>&#8220;It&#8217;s definitely now or never, the time is now,&#8221; said Bilal.</p>
<p>&#8220;The important thing this year is the way technology is going to disrupt a lot of career paths and the businesses, and we have to prepare for that, which is why AI is at the forefront of the conversation, crypto is at the forefront of the conversations, real estate as always and entrepreneurship,&#8221; said Millings.</p>
<p>New this year is a partnership with venture capital firm Open Opportunity and a pitch competition where an entrepreneur can win $125,000 in funding to scale their business.</p>
<p>&#8220;We need more businesses that can reach $100 million valuation to a $1 billion valuation, get on the stock market. The pathway to that 9 times out of 10 is technology,&#8221; Bilal said.</p>
<p>Festival attendees sign an exhibit wall during Day 1 of the Essence Festival of Culture on July 05, 2024 in New Orleans, Louisiana. </p>
<p>Aaron J. Thornton | Wireimage | Getty Images</p>
<p>The National Black MBA Association Conference in Houston in September will have a similar tone. The event is known for its career fair where the nation&#8217;s largest companies recruit as well as for networking and vibrant social activities.</p>
<p>This year, interim CEO Orlando Ashford is working to establish artificial intelligence education and financial literacy as pillars of the event.</p>
<p>&#8220;Doing business as usual is not an option,&#8221; Ashford told CNBC. &#8220;AI is something I literally refer to as a tsunami of change that&#8217;s on its way. All of us will be forced to pivot in some ways as it relates to AI. Those of us that are out in front, that embrace it and leverage it actually can turn it into a tremendous and powerful opportunity. Those that wait and ignore it will be overtaken by the wave.&#8221;</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/essence-fest-leads-a-summer-of-events-for-black-entrepreneurs/">Essence Fest leads a summer of events for Black entrepreneurs</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>This Black Literary and Cultural Institution Turns 100</title>
		<link>https://www.ourstoryinsight.com/this-black-literary-and-cultural-institution-turns-100/</link>
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		<pubDate>Thu, 12 Jun 2025 18:19:20 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[cultural]]></category>
		<category><![CDATA[Institution]]></category>
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		<category><![CDATA[turns]]></category>
		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=7582</guid>

					<description><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. New York Public Library’s Schomburg Center Turns 100 Happy 100th to NYPL’s Schomburg Center! The Schomburg holds “one [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/this-black-literary-and-cultural-institution-turns-100/">This Black Literary and Cultural Institution Turns 100</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission.</p>
<p>Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more.</p>
<h2 class="wp-block-heading">New York Public Library’s Schomburg Center Turns 100</h2>
<p>Happy 100th to NYPL’s Schomburg Center! The Schomburg holds “one of the world’s leading collections of material relating to the African diaspora,” as well as Langston Hughes’ ashes. Jennifer Schuessler of The New York Times wrote about the event kicking off a year of celebrating the Schomburg and the opening of the Division of Negro Literature, History and Prints, including this weekend’s Schomburg Centennial Festival, which features a day of literary and cultural events. There are so many interesting facts and ties to literary greats in this profile, including that Passing author Nella Larsen was a librarian there. Learn more about the celebration and, hey, Rioter Erika Hardison (Fabulize Magazine Presents: MSAB! Mixtape Vol.1) will be moderating a “Black Utopias” panel for the Centennial Festival, featuring Cebo Campbell (Sky Full of Elephants), Andrea Hairston (Archangels of Funk), Clarence A. Haynes (The Ghosts of Gwendolyn Montgomery), and Isis Asare (Afrofuturism Short Stories) on June 14. Check it out!</p>
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<h2 class="wp-block-heading">The Animated Animal Farm a Decade in the Making</h2>
<p>George Orwell’s Animal Farm was one of those rare assigned books I actually loved as a young reader. It lured me in with the anthropomorphized animals and kept me around with the political satire. Now Andy Serkis is bringing the classic to the big screen with a fully animated adaptation that has a contemporary twist. Scott Roxborough of The Hollywood Reporter observes that Seth Rogen’s Napoleon the pig bears resemblance to a particular person in power, but Serkis said, “there are enough despots around the world using the same divisive techniques — misinformation, disinformation — to control people. That’s what we wrote about years ago.” We also have a new character in the form of young Lucky the pig. Whether or not the film successfully manages to capture the satirical wit and sharpness of the original text, you can’t say the film lacks star power with Rogen joined by Glenn Close and Kieran Culkin, to name a few of the A-list voices behind the characters. The film is currently seeking distribution.</p>
<h2 class="wp-block-heading">The Best Romance Novels of 2025 (So Far)</h2>
<p>If you’re looking for a healthy dose of HEAs this summer, check out this NYT list of the best romance of the year so far. The picks are categorized to make it easier for romance readers on the hunt for something specific to find their flavor (A Tropical Rebel Gets the Duke by Adriana Herrera for readers who would “like a steamy scorcher set in Belle Époque Paris,” for example), and there’s even a flag for romance novels popular with Times readers. </p>
<h2 class="wp-block-heading">Oprah’s Book Club Announces 115th Pick and It’s An Author She’s Picked Before–Twice</h2>
<p>I’m guessing Wally Lamb doesn’t sweat the sales of his books, considering Oprah can’t stop won’t stop picking his books for her eponymous book club. This is the third time one of his books has been selected. Learn why Oprah selected The River Is Waiting and the identities of the mere three other authors who’ve been selected as many times.</p>
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<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/this-black-literary-and-cultural-institution-turns-100/">This Black Literary and Cultural Institution Turns 100</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Target CEO Brian Cornell to meet Rev. Al Sharpton following black boycott threat over DEI rollback</title>
		<link>https://www.ourstoryinsight.com/target-ceo-brian-cornell-to-meet-rev-al-sharpton-following-black-boycott-threat-over-dei-rollback/</link>
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		<pubDate>Thu, 17 Apr 2025 14:55:08 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Black]]></category>
		<category><![CDATA[boycott]]></category>
		<category><![CDATA[Brian]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cornell]]></category>
		<category><![CDATA[DEI]]></category>
		<category><![CDATA[meet]]></category>
		<category><![CDATA[Rev]]></category>
		<category><![CDATA[rollback]]></category>
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		<category><![CDATA[Target]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=6494</guid>

					<description><![CDATA[<p>Target CEO Brian Cornell is set to meet civil rights leader Rev. Al Sharpton this week in New York amid criticism over the retailer’s rollback of diversity, equity, and inclusion (DEI) programs. The meeting, which was initiated by Target, follows recent decisions by the retailer to scale back DEI initiatives — a move that prompted [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/target-ceo-brian-cornell-to-meet-rev-al-sharpton-following-black-boycott-threat-over-dei-rollback/">Target CEO Brian Cornell to meet Rev. Al Sharpton following black boycott threat over DEI rollback</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>Target CEO Brian Cornell is set to meet civil rights leader Rev. Al Sharpton this week in New York amid criticism over the retailer’s rollback of diversity, equity, and inclusion (DEI) programs.</p>
<p>The meeting, which was initiated by Target, follows recent decisions by the retailer to scale back DEI initiatives — a move that prompted backlash from civil rights organizations.</p>
<p>Though Sharpton himself has not yet called for an official boycott, he openly supports the consumer movements urging shoppers to avoid Target.</p>
<p>Target CEO Brian Cornell (pictured) is set to meet civil rights leader Rev. Al Sharpton this week in New York. <span class="credit">Andrew Schwartz / SplashNews.com</span></p>
<p>“You can’t have an election come and all of a sudden, change your old positions,” Sharpton told CNBC.</p>
<p>“If an election determines your commitment to fairness then fine, you have a right to withdraw from us, but then we have a right to withdraw from you.”</p>
<p>Sharpton stated he is open to initiating a formal boycott if Target does not reaffirm its support and investment in the black community and black-owned businesses.</p>
<p>“I said, ‘If [Cornell] wants to have a candid meeting, we’ll meet,’” Sharpton said. “I want to first hear what he has to say.”</p>
<p>Target confirmed the planned meeting between Cornell and Sharpton but declined further comment.</p>
<p>Sharpton is supporting boycotts of Target — though he himself has not explicitly endorsed a boycott. <span class="credit">Matthew McDermott</span></p>
<p>The controversy arose when Target announced in January it would terminate its three-year DEI targets and cease providing company reports to external groups such as the Human Rights Campaign’s Corporate Equity Index.</p>
<p>The company also ended certain measures aimed at increasing shelf space for products from Black and minority-owned businesses.</p>
<p>Following these announcements, Target experienced declining store visits for 10 consecutive weeks starting in late January, as recorded by data firm Placer.ai.</p>
<p>Before this period, store traffic had shown consistent year-over-year increases. Analysts have warned, however, that the drop in the number of shoppers could also be related to larger macroeconomic trends such as high inflation.</p>
<p>While this metric does not directly reflect overall sales, the decline coincided with public outcry over the company’s decision.</p>
<p>Rev. Jamal Bryant, an Atlanta-based pastor, has been another vocal critic of Target’s DEI policy shift.</p>
<p>Bryant initiated a “fast” from shopping at Target during Lent as a demonstration of black consumer influence, signaling plans to announce further actions related to the boycott soon.</p>
<p>Target’s policy changes mirror broader corporate caution around DEI programs, as companies including Walmart, McDonald’s and Tractor Supply have similarly scaled back their initiatives — partly due to pressures from conservative activists and politicians.</p>
<p>The meeting, which was initiated by Target, follows recent decisions by the retailer to scale back DEI initiatives. <span class="credit">Christopher Sadowski</span></p>
<p>In contrast, Costco notably maintained its DEI initiatives, successfully resisting conservative shareholder proposals aimed at weakening these policies.</p>
<p>Sharpton’s National Action Network (NAN) recently engaged with other corporations facing similar scrutiny.</p>
<p>He met PepsiCo executives after the beverage giant ended its DEI targets.</p>
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<p>Though details of commitments from PepsiCo remain unclear, Sharpton acknowledged the significance of CEO Ramon Laguarta personally attending the discussions.</p>
<p>Sharpton’s meetings represent a significant counter-effort against conservative activists, like Robby Starbuck, who have aggressively targeted corporate DEI policies.</p>
<p>Starbuck’s campaigns have notably succeeded in pressuring several major corporations into reconsidering or eliminating diversity initiatives.</p>
<p>Sharpton’s National Action Network (NAN) recently met with PepsiCo executives over the company’s withdrawal of its DEI initiatives. <span class="credit">REUTERS</span></p>
<p>During their upcoming meeting, Sharpton plans to question Cornell on Target’s reversal from commitments made following George Floyd’s murder in Minneapolis, Target’s hometown.</p>
<p>Cornell previously expressed deep personal and corporate commitment in the wake of Floyd’s killing, saying it profoundly impacted him.</p>
<p>“That could have been one of my Target team members,” he remarked in 2021.</p>
<p>Sharpton stressed the necessity of accountability from companies that pledged support during critical moments of civil unrest.</p>
<p>“You made commitments based on the George Floyd movement… what changed?” he asked.</p>
<p>“Are you trying to say everything’s fine now because the election changed? That’s insulting to us.”</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/target-ceo-brian-cornell-to-meet-rev-al-sharpton-following-black-boycott-threat-over-dei-rollback/">Target CEO Brian Cornell to meet Rev. Al Sharpton following black boycott threat over DEI rollback</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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