Report Says Black America May Already Be in Recession

New Jobs Report Paints a Troubling Picture

A new ADP employment report found private employers added just 98,000 jobs in June, signaling continued weakness in hiring. While small businesses and the education and health services sector posted gains, economists say labor market constraints continue to slow job creation. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter [https://aurn.com/newsletter] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

#OTD in 1777: Vermont Becomes First U.S. Territory to Ban Slavery

On July 2, 1777, Vermont became the first U.S. territory to ban slavery, taking a historic stand while the American Revolution was still underway. The move helped establish an early anti-slavery precedent that would influence future debates over freedom, equality and citizenship. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter [https://aurn.com/newsletter] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

U.S. Job Growth Slows Sharply in June

The U.S. economy added just 57,000 jobs in June, far fewer than economists expected, while April and May payroll gains were revised downward. Economists say the unemployment rate fell in part because more people left the workforce, while Black unemployment remained elevated. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter [https://aurn.com/newsletter] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Dow Jones Hits Record High to Start July

The Dow Jones Industrial Average climbed to a new intraday record Wednesday, continuing a remarkable rally fueled by easing inflation concerns and falling crude oil prices. Investors remain focused on economic indicators as markets look for signs the momentum can continue. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter [https://aurn.com/newsletter] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

#OTD in 1991: Clarence Thomas Nominated to Supreme Court

On July 1, 1991, President George H.W. Bush nominated Clarence Thomas to replace retiring Justice Thurgood Marshall. His contentious confirmation hearings, including Anita Hill's testimony, became one of the defining moments in modern Supreme Court history, and his judicial legacy continues to shape major constitutional debates. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter [https://aurn.com/newsletter] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.