Monthly Archives: June 2015

HBCU Money™ Dozen 6/15 – 6/19


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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

These biologists drove across the Arctic to simulate the impact of humans on Mars l New Scientist http://ow.ly/Ouru7

Americans generated 254,000,000 tons of waste. Where does it go? l US EPA Research http://ow.ly/OutTy

The Pacific island of Palau is fighting Illegal fishing l Pew Environment http://wapo.st/1JOlmrc

Wearables and company wellness programs go hand-in-hand l Computerworld http://ow.ly/OuuDH

Number of Summer Food Service Program sites grew in 2014 l USDA Economic Research Services http://go.usa.gov/3E4u9

Is your company culture driving away women tech workers? l CIOonline http://trib.al/AjKuXm7

Federal Reserve, Central Banks, & Financial Departments

Which states are most affected by falling oil prices? l St. Louis Fed http://bit.ly/1J4HWNN

Which are #Africa’s most competitive economies? l World Economic Forum http://wef.ch/1JEolnG

Issues related to #homelessness in the U.S. and our region l Richmond Fed http://ow.ly/OuyDL

Foreclosure activity hits 19-month high on rise in REOs l Housing Wire http://hwi.re/BFf3pG

In #Africa, community-driven development tackles fragility from the ground up l World Bank http://bit.ly/1IQPdOz

Why businesses need to learn to share #water l World Economic Forum http://wef.ch/1dvxEbL

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

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The HBCU Money™ Weekly Market Watch


Our Money Matters /\ June 19, 2015

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $10.00 (0.99% DN)

M&F Bancorp (MFBP) $4.36 (0.00% UNCH)

Radio One (ROIA) $3.70 (1.58% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  272.62 (0.52% DN)

Botswana Stock Exchange (BSE)  10 586.37 (0.14% DN)

Ghana Stock Exchange (GSE)  2 368.85 (4.77% UP)*

Nairobi Stock Exchange (NSE)  162.40 (N/A)

Johannesburg Stock Exchange (JSE) 51 806.71 (0.18% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 11 046.25 (0.49% DN)

London Stock Exchange (LSE)  3 660.06 (0.04% UP)

Tokyo Stock Exchange (TOPIX)  1 631.01 (0.89% UP)

Commodities

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Currencies Of The African Diaspora – Egypt


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Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most economic activity takes place. Egypt’s economy was highly centralized during the rule of former President Gamal Abdel NASSER but opened up considerably under former Presidents Anwar EL-SADAT and Mohamed Hosni MUBARAK. Cairo from 2004 to 2008 pursued business climate reforms to attract foreign investment and facilitate growth. Poor living conditions and limited job opportunities for the average Egyptian contribute to public discontent, a major factor leading to the January 2011 revolution that ousted Mubarak. The uncertain political, security, and policy environment since 2011 caused economic growth to slow significantly, hurting tourism, manufacturing, and other sectors and pushing up unemployment. Weak growth and limited foreign exchange earnings have made public finances unsustainable, leaving authorities dependent on expensive borrowing for deficit finance and on Gulf allies to help cover the import bill. Egypt’s current Constitution passed in a referendum that took place in January 2014.

GDP
$945.4 billion (2014 est.)
$925 billion (2013 est.)
$906 billion (2012 est.)
$284.9 billion (2014 est.)
GDP GROWTH
2.2% (2014 est.)
2.1% (2013 est.)
2.2% (2012 est.)
GDP COMPOSITION
agriculture: 14.6%
industry: 38.9%
services: 46.5% (2014 est.)
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Source: Economy overview provided by CIA Factbook

HBCU Money™ Business Book Feature – American Mojo: Lost and Found: Restoring our Middle Class


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In American Mojo: Lost and Found, Peter D. Kiernan, New York Times bestselling and award-winning author, focuses on America’s greatest challenge―and opportunity―restoring the middle class to its full promise and potential.

Our educated, skilled, and motivated middle class was the cornerstone of America’s postwar economic might, but the country’s dynamic core has struggled and changed dramatically through the last three decades. Kiernan’s extensively researched story, told through individual histories, shows how the middle class flourished under unique circumstances following World War II and details how our middle class has been rocked and shaped by events abroad as much as at home. By excluding too many Americans, the middle class we reverently recall was fractured from the beginning.

What emerges through his storytelling is a picture of middle-class decline and opportunity that is fuller, more moving and profound, and ultimately more useful in terms of charting a path forward than other examinations. His unique global perspective is a vital ingredient in charting the way ahead. This new frontier thesis shows that middle-class greatness is again within our grasp―if we take some powerful medicine and seize the global opportunity. America possesses the skills and talent the world needs. Americans must embrace what brought our middle class to prominence in the first place―our American Mojo―before it is too late and other countries steal the march.

All that is at stake is the soul of our nation.

HBCU Money™ Dozen 6/8 – 6/12


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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

Protecting Endangered Species with Better Mapping Technology l US EPA Research http://go.usa.gov/3PAPB

Smart slumbers: how we’re learning to sleep away addiction and bad memories l New Scientist http://ow.ly/ObvOj

100% Renewable Energy Goal For Hawaii: Governor Signs Bill l Clean Technica http://dlvr.it/B9vctF

IT continues to struggle to find software developers, data analysts l CIOonline http://trib.al/ul2GIuL

Health IT could curb prescription drug abuse, but adoption lags l CIOonline http://ow.ly/Ocf3C

US Residential Solar Market Grew 76% l Clean Technica http://dlvr.it/B9rjgc

Federal Reserve, Central Banks, & Financial Departments

What do the latest US jobs numbers tell us about interest rates? l World Economic Forum http://wef.ch/1Gwtxtl

See income and wealth trends for thrivers, stragglers and the middle class l St. Louis Fed http://bit.ly/1Itayxb

Egypt sees risks to growth and inflation risks mitigated l Central Bank News http://dlvr.it/B9w9Rj

4 ways the global economy is being transformed l World Economic Forum http://wef.ch/1MEaPyS

Does better education really drive economic growth? l World Economic Forum http://wef.ch/1K8UjaP

CoreLogic responsibly suspends employee involved in McKinney teen pool fracas l Housing Wire 

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.