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Updated: How Do Black People Spend Their Money? (The Racial Wealth Gap)
How black people spend their money has been a hotly debated topic not only on this site, but in our office, at social events and in beauty and barber shops across America. This article has been the most read and commented article for 9 years running. Once I learned that this was the most popular and discussed article on the website, I decided to do some research and share this information with others.
I predict that even after reading this article there a significant number of Black people who will NOT change their habits and work toward changing their situation. Over time, when things go unchallenged, they seem normal. After centuries of slavery, black people must realize that they need to work toward building generational wealth and learn to invest their money and establish Trust funds for their wealth that can be passed down to future generations.
I predict that even after reading this article there a significant number of Black people who will NOT change their habits and work toward changing their situation. Over time, when things go unchallenged, they seem normal. After centuries of slavery, black people must realize that they need to work toward building generational wealth and learn to invest their money and establish Trust funds for their wealth that can be passed down to future generations.
Conservative 'Moms' group slams Burger King for using 'the d-word' in a commercial
Activist conservative group One Million Moms is taking aim at Burger King for using what it calls the "d-word" in a commercial promoting the non-meat Impossible Whopper.
In the ad, a group of people taste-test the plant-based patty that has been a hit for the fast-food company. With a mouthful of food, one man says...
In the ad, a group of people taste-test the plant-based patty that has been a hit for the fast-food company. With a mouthful of food, one man says...
Popeyes Launches Fried Chicken Sandwich by Teaming Up With Restaurant That Ripped Them Off
Two years ago, a small Southern-themed restaurant in Long Beach, California became a national media fixation when the owner got busted for reheating Popeyes fried chicken tenders and serving them to customers as part of a “chicken and waffles” special without disclosing the origin of that first ingredient. And now, in a bizarre but marketing-savvy twist, Popeyes is teaming up with the #popeyesgate restaurant — Sweet Dixie Kitchen — to help launch a new product.
Compromised Ethics Run Rampant in Nutrition Research
Here’s something to ponder the next time you see a headline extolling a study that found a particular food will help you lose weight, avoid heart disease, or live longer: The company selling the product likely paid for the study; that same company also might be paying the university researcher who led the study; your tax dollars may have supplemented this company’s “research” because federal agencies regularly partner with corporations to promote foods. Finally, you’ll never discover that the “research” behind the headline is little more than marketing, because journalists rarely question these financial arrangements.
People are freaking out over a Starbucks boycott that has essentially been invented by the media.
Last week, BuzzFeed News published an article with the headline "Is Starbucks' New Holiday Cup Totally Gay?"
The article was based on an ad campaign that came out in late October and featured what appears to be one lesbian couple — among other couples — and fewer than 10 tweets, most of them extremely tongue-in-cheek. Last week, Business Insider could only find a single tweet —with zero likes and retweets — that expressed negative sentiments about what BuzzFeed News called the holiday cup's "gay agenda."
Last week, BuzzFeed News published an article with the headline "Is Starbucks' New Holiday Cup Totally Gay?"
The article was based on an ad campaign that came out in late October and featured what appears to be one lesbian couple — among other couples — and fewer than 10 tweets, most of them extremely tongue-in-cheek. Last week, Business Insider could only find a single tweet —with zero likes and retweets — that expressed negative sentiments about what BuzzFeed News called the holiday cup's "gay agenda."
TripAdvisor is now labeling hotels where sexual assaults have been reported
A popular website that provides travel and hotel recommendations has started branding resorts and hotels with a red badge in cases where sexual assault have been reported on those properties.
The $1.5 billion TripAdvisor recently came under pressure after an investigation by the Milwaukee Journal Sentinel showed that TripAdvisor was removing comments made by people who were reporting first-hand accounts of assaults they’d experienced at hotels and resorts.
The $1.5 billion TripAdvisor recently came under pressure after an investigation by the Milwaukee Journal Sentinel showed that TripAdvisor was removing comments made by people who were reporting first-hand accounts of assaults they’d experienced at hotels and resorts.
Papa John's Distances Itself from Alt-Right Following CEO's NFL Comments
The chain has unwittingly corralled support from some groups on the far right. Now, it's doing damage control.
It's been mere days since Papa John's CEO John Schnatter blamed his company's sagging sales on plunging ratings for NFL games. On a call with investors last Wednesday, Schattner claimed that fewer people were inclined to buy pizza from Papa John's, the official pizza sponsor of the NFL, because of NFL leadership's inaction regarding the scores of athletes protesting within its ranks.
This led both Pizza Hut and DiGiornio—neither of whom, mind you, is an official sponsor of the NFL—to join the now-public conversation and respond that neither company had seen a dent in its sales due to consumer irritation with these protests.
It's been mere days since Papa John's CEO John Schnatter blamed his company's sagging sales on plunging ratings for NFL games. On a call with investors last Wednesday, Schattner claimed that fewer people were inclined to buy pizza from Papa John's, the official pizza sponsor of the NFL, because of NFL leadership's inaction regarding the scores of athletes protesting within its ranks.
This led both Pizza Hut and DiGiornio—neither of whom, mind you, is an official sponsor of the NFL—to join the now-public conversation and respond that neither company had seen a dent in its sales due to consumer irritation with these protests.
Why Restaurants Are Banning Kids
On Tuesday, a Tampa Bay craft beer bar and pizzeria stuck a controversial sign on its doors. It read: "NO CHILDREN."
No, the owners of Hampton Station were not advertising their love of the classic Mountain Goats song; rather, they were implementing an informal kids ban. The backlash was extraordinary, reports WKRG.
"I definitely think that sales are gonna take a dip,” Hampton Station owner Troy Taylor told WKRG. "We had an incident last week where some kids were endangering themselves and others. I haven’t got much sleep the past four or five days really, because of this. ‘Cause this is my livelihood."
No, the owners of Hampton Station were not advertising their love of the classic Mountain Goats song; rather, they were implementing an informal kids ban. The backlash was extraordinary, reports WKRG.
"I definitely think that sales are gonna take a dip,” Hampton Station owner Troy Taylor told WKRG. "We had an incident last week where some kids were endangering themselves and others. I haven’t got much sleep the past four or five days really, because of this. ‘Cause this is my livelihood."
Marvel Writer Slammed For Calling Kellogg’s Racially Insensitive
Kellogg’s has decided to redesign its Corn Pops cereal boxes after the United States-based food manufacturer was accused Tuesday of being racist.
Marvel Comics’ Black Bolt series writer Saladin Ahmed made the accusation. He pointed out that though the boxes show other corn pops having fun inside a retail mall, a brown corn pop could be seen working as a janitor, waxing the floors.
Marvel Comics’ Black Bolt series writer Saladin Ahmed made the accusation. He pointed out that though the boxes show other corn pops having fun inside a retail mall, a brown corn pop could be seen working as a janitor, waxing the floors.
Can the Apple TV 4K be a cord-cutter's only streaming device?
I cut the cable cord roughly three years ago and I’ve never regretted it. I have, however, accumulated a small village of set-top boxes, media sticks, Chromecasts, gaming consoles, and just about any other HDMI-connected rectangle that can spit out a Netflix stream. For the past two weeks, however, I put all of them on hold and committed fully to the Apple TV 4K. At $179 (for the 32GB model, the 64GB box pushes the price to $200), it costs almost twice as much as the excellent Roku Ultra, which means it should do just about everything the average cord cutter desires.
Is your TV up for it?
Before you read any further, you should consider whether or not your TV is ready for a box like this. The extra money you’ll spend on the 4K model (Apple sells a non-4K version for $149) leverages TV features like 4K resolution and HDR color. If your TV isn’t equipped with those features, you’re probably better off sticking to the lower model unless you’re willing to pony up for a new display, too.
Is your TV up for it?
Before you read any further, you should consider whether or not your TV is ready for a box like this. The extra money you’ll spend on the 4K model (Apple sells a non-4K version for $149) leverages TV features like 4K resolution and HDR color. If your TV isn’t equipped with those features, you’re probably better off sticking to the lower model unless you’re willing to pony up for a new display, too.
Here’s how to kick nazis off your Twitter right now
While you wait for Twitter to roll out “more aggressive” rules regarding hate speech, which CEO Jack Dorsey promised are coming within “weeks” as of late Friday, here’s a quick workaround to kick nazis off of your Twitter feed right now: Go to the ‘Settings and privacy’ page and under the ‘Content’ section set the country to Germany (or France).
This switches on Twitter’s per country nazi-blocking filter which the company built, all the way back in 2012, to comply with specific European hate speech laws that prohibit pro-Nazi content because, y’know, World War II.
Switching the country in your Twitter settings doesn’t change the language, just the legal jurisdiction. So, basically, you get the same Twitter experience, just without so many of the Swastika wielding nazis.
This switches on Twitter’s per country nazi-blocking filter which the company built, all the way back in 2012, to comply with specific European hate speech laws that prohibit pro-Nazi content because, y’know, World War II.
Switching the country in your Twitter settings doesn’t change the language, just the legal jurisdiction. So, basically, you get the same Twitter experience, just without so many of the Swastika wielding nazis.
Palm Springs Pride Announces Official Event Schedule
Greater Palm Springs Pride today released the schedule of official events that are expected to attract 75,000 - 100,000 people to the Coachella Valley November 3 - 5, 2017.
Considered to be one of the most scenic pride parades in the world, the Greater Palm Springs Pride Festival celebrates its 31st Anniversary, October 31 - November 5, 2017, with multiple block parties, a two-day festival and parade in Palm Springs, California. The 2017 theme, "Viva la Vida!" Live life... and celebrate that you live life as you please. Shout VIVA LA VIDA... yours, mine, ours... And celebrate that we feel alive, alive because we are different, because we are unique, free... happy. Palm Springs is a city where we live life; a life full of the things and people that we love.
Official events and programs of Pride Week 2017 include:
Considered to be one of the most scenic pride parades in the world, the Greater Palm Springs Pride Festival celebrates its 31st Anniversary, October 31 - November 5, 2017, with multiple block parties, a two-day festival and parade in Palm Springs, California. The 2017 theme, "Viva la Vida!" Live life... and celebrate that you live life as you please. Shout VIVA LA VIDA... yours, mine, ours... And celebrate that we feel alive, alive because we are different, because we are unique, free... happy. Palm Springs is a city where we live life; a life full of the things and people that we love.
Official events and programs of Pride Week 2017 include:
Many people have never heard of trypophobia — but the makers of the show American Horror Story certainly have.
The phobia, which is not an official diagnosis from the American Psychiatric Association, is an intense revulsion at the sight of holes in an irregular pattern, and AHS seems keen to freak out anyone who has it with its new ad campaign.
Or at least, that's what trypophobia sufferers think. Several have taken to Twitter recently to rage against the show for triggering their phobia, calling AHS: Cult's new promos 'disgusting and irresponsible'.
The phobia, which is not an official diagnosis from the American Psychiatric Association, is an intense revulsion at the sight of holes in an irregular pattern, and AHS seems keen to freak out anyone who has it with its new ad campaign.
Or at least, that's what trypophobia sufferers think. Several have taken to Twitter recently to rage against the show for triggering their phobia, calling AHS: Cult's new promos 'disgusting and irresponsible'.
Intel's new 8th-gen processors eat 4K video for breakfast, lunch, and dinner
Computers may no longer be tech darlings now that everyone uses their smartphones to do basically everything, but they're about to get really exciting again.
About every two years, Intel introduces new processors that shape the computing industry and this year's no different. Whereas the last two generations of chips were kinda like half steps in performance, the new 8th-generation "Kaby Lake Refresh" Core processors are nearly twice as fast as 7th-gen "Kaby Lake" chips.
It's a big bump up in performance and you'll feel the speed even if you're just browsing the web.
About every two years, Intel introduces new processors that shape the computing industry and this year's no different. Whereas the last two generations of chips were kinda like half steps in performance, the new 8th-generation "Kaby Lake Refresh" Core processors are nearly twice as fast as 7th-gen "Kaby Lake" chips.
It's a big bump up in performance and you'll feel the speed even if you're just browsing the web.
For $10 a month, a Netflix co-founder wants you to go to the cinema as much as you like 
Imagine seeing all the movies as you want in cinemas for the same price as your monthly Netflix subscription.
Mitch Lowe, who revolutionized home entertainment as a founding member of Netflix and RedBox, which mostly killed off Blockbuster home-video stores across the US, thinks that’s the future of cinema. His subscription service, MoviePass, is offering US theatergoers a movie pass a day for $9.95 a month, a dollar more than a single ticket costs at US cinemas on average. The fee gets subscribers into one showing per day—excluding 3D and Imax—at movie theaters that accept debit cards, which MoviePass says includes 91% of all theaters in the country, such as popular AMC, Regal, and Cinemark locations.
“It’s something that everybody understands,” Ted Farnsworth, chairman and CEO of Helios and Matheson Analytics, a firm that just took a majority stake in MoviePass, told Quartz. “Everybody understands that from Spotify, or Netflix, or Hulu, or Amazon Prime, especially millennials. They grew up subscription-based.”
Mitch Lowe, who revolutionized home entertainment as a founding member of Netflix and RedBox, which mostly killed off Blockbuster home-video stores across the US, thinks that’s the future of cinema. His subscription service, MoviePass, is offering US theatergoers a movie pass a day for $9.95 a month, a dollar more than a single ticket costs at US cinemas on average. The fee gets subscribers into one showing per day—excluding 3D and Imax—at movie theaters that accept debit cards, which MoviePass says includes 91% of all theaters in the country, such as popular AMC, Regal, and Cinemark locations.
“It’s something that everybody understands,” Ted Farnsworth, chairman and CEO of Helios and Matheson Analytics, a firm that just took a majority stake in MoviePass, told Quartz. “Everybody understands that from Spotify, or Netflix, or Hulu, or Amazon Prime, especially millennials. They grew up subscription-based.”
