Business Archives - The Washington Informer https://www.washingtoninformer.com/category/business/ Black News, Commentary and Culture | The Washington Informer Fri, 06 Mar 2026 22:49:42 +0000 en-US hourly 1 https://www.washingtoninformer.com/wp-content/uploads/2024/12/cropped-cropped-cropped-cropped-INFORMER-I2-32x32.png Business Archives - The Washington Informer https://www.washingtoninformer.com/category/business/ 32 32 121622320 Black and Latino Workers Face Lower Pay, Higher Joblessness in DC Fiscal Policy Institute Report https://www.washingtoninformer.com/racial-inequality-dc-workforce/ https://www.washingtoninformer.com/racial-inequality-dc-workforce/#respond Fri, 06 Mar 2026 22:00:00 +0000 https://www.washingtoninformer.com/?p=1246028 photo of a brown cardboard sign with texts

Despite Washington, D.C.'s prosperous skyline, Black and Latino workers face significant economic disparities, with lower wages, higher unemployment, and unaffordable housing costs, due to decades of racial inequality.

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District of Columbia Among Nation’s Top Places for Women, New Report Shows https://www.washingtoninformer.com/district-columbia-women-best-state/ https://www.washingtoninformer.com/district-columbia-women-best-state/#respond Wed, 04 Mar 2026 18:17:00 +0000 https://www.washingtoninformer.com/?p=1245913

The District of Columbia ranked second in the nation for women's economic and social well-being, health care, and safety, according to a new WalletHub report, with Massachusetts ranking first overall.

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D.C. Gas Prices Poised to Climb After Iran Strikes Shake Oil Markets https://www.washingtoninformer.com/dc-gas-prices-rise-iran/ https://www.washingtoninformer.com/dc-gas-prices-rise-iran/#respond Wed, 04 Mar 2026 17:59:00 +0000 https://www.washingtoninformer.com/?p=1245918

Gas prices in the D.C. area are currently about $3.10 per gallon, but are expected to rise due to U.S. and Israeli strikes on Iran, which sent global oil prices higher and increased volatility in energy markets.

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Crump’s Debut Novel Delivers Big Wins for Black Independent Booksellers https://www.washingtoninformer.com/ben-crump-worse-lie-success/ https://www.washingtoninformer.com/ben-crump-worse-lie-success/#respond Wed, 25 Feb 2026 17:21:00 +0000 https://www.washingtoninformer.com/?p=1245574

Attorney Ben Crump's debut novel "Worse Than a Lie" has driven packed signings, sold-out shelves, and a measurable spike in revenue at Black-owned bookstores across the country, with several retailers reporting they exhausted their initial inventory shortly after hosting Crump tour events.

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Milk & Honey Turns Dining Into Impact With Divine Nine Initiative https://www.washingtoninformer.com/milk-honey-divine-nine-fundraiser/ https://www.washingtoninformer.com/milk-honey-divine-nine-fundraiser/#respond Mon, 23 Feb 2026 18:23:00 +0000 https://www.washingtoninformer.com/?p=1245403

Thompson Restaurants' Milk & Honey brand is partnering with D.C.'s Divine Nine network to raise funds for scholarships and service efforts, with diners able to contribute by rounding up their checks and participating in the Black Love Dine & Donate Day.

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Civil Rights Leaders Demand End to $2.13 Tipped Wage, Call It a Legacy of Slavery https://www.washingtoninformer.com/restaurant-workers-wage-inequality/ https://www.washingtoninformer.com/restaurant-workers-wage-inequality/#respond Mon, 23 Feb 2026 13:08:00 +0000 https://www.washingtoninformer.com/?p=1245373

Justice, political and labor leaders gathered in New York to call for the passage of Living Wage for All legislation, which would raise the minimum wage to $30 an hour in New York and $25 an hour federally, and eliminate all subminimum wages, in order to address the racial and gender wage gaps exacerbated by the federal tipped wage of $2.13 an hour.

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Onyx Impact’s $500,000 Campaign for the Future of Black News https://www.washingtoninformer.com/onyx-impact-invests-black-media/ https://www.washingtoninformer.com/onyx-impact-invests-black-media/#respond Thu, 19 Feb 2026 21:25:00 +0000 https://www.washingtoninformer.com/?p=1244993

Onyx Impact has pledged $500,000 to support Black print, broadcast, and digital media in an effort to strengthen African American media and promote truth and democracy.

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The $50,000 Barrier Facing D.C. Car Buyers https://www.washingtoninformer.com/high-car-prices-dc/ https://www.washingtoninformer.com/high-car-prices-dc/#respond Thu, 19 Feb 2026 19:09:00 +0000 https://www.washingtoninformer.com/?p=1244983

The average price of a new vehicle in the U.S. has risen to over $50,000, making car ownership a financial stretch for many, especially those in the District of Columbia, where the cost of ownership is even higher due to taxes and fees.

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Rail Merger Aims to Enhance Quality of Life https://www.washingtoninformer.com/freight-rail-network-impact/ https://www.washingtoninformer.com/freight-rail-network-impact/#respond Mon, 16 Feb 2026 16:00:00 +0000 https://www.washingtoninformer.com/?p=1244719 white volvo semi truck on side of road

A proposed merger between two major rail carriers could reduce truck traffic, improve air quality, and lower transportation costs for families, while also benefiting workers and local economies.

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Industrial Bank to Advance Communities with $75 Million in New Market Tax Credits https://www.washingtoninformer.com/industrial-bank-nmntc-award/ https://www.washingtoninformer.com/industrial-bank-nmntc-award/#respond Mon, 16 Feb 2026 05:00:00 +0000 https://www.washingtoninformer.com/?p=1244740

Industrial Bank has been awarded a $75 million New Markets Tax Credit allocation to promote community impact efforts for low-income populations across the DMV, providing flexible lending terms and investing in critical services and infrastructure.

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