Week In Review

Here’s a fact that should give economists—and maybe President Obama’s political team—heartburn: Two years after the Great Recession officially ended, job prospects for young Americans remain historically grim. More than 17 percent of 16-to-24-year-olds who are looking for work can’t find a job…

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Citizens Bank announced today that it will launch its Gear for Grades initiative on July 18, 2011. New pencils, folders, glue sticks, notebooks and other school supplies may be donated at any Citizens Bank branch in Pennsylvania, New Jersey and Delaware through August 6.

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Bolstered by support from his loyal radio talk-show audience and tea party backers, businessman Herman Cain has revved up mainstream conservatives, rising recently to third place in a poll of voters in Iowa, the leadoff caucus state.

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President Barack Obama prodded Congress Tuesday to reach a sweeping long-term deal within two weeks to raise the nation’s borrowing limit rather than “kick the can down the road” with a makeshift, short-term solution to stave off a first-ever U.S. default.

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As the news flashed around the globe that New York state had legalized gay marriage, New York fashion designer Malcolm Harris didn’t waste any time. He dashed off a Twitter message to his boyfriend of nine years: “‘Will you marry me?”

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Headlining controversial former mayor of Detroit, Kwame Kilpatrick has been granted parole and will be released from his jail cell no later than July 24. The politician pled guilty in 2008 to obstruction of justice…

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African-Americans once were clustered so heavily in urban areas that the terms “black” and “inner city” came to be used almost synonymously. According to the 2010 U.S. Census results, that time is history.

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Nearly half of young men of color age 15 to 24 who graduate from high school will end up unemployed, incarcerated or dead, according to two new reports released today by the College Board Advocacy & Policy Center.

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The national civil rights group ColorOfChange.org today launched a campaign urging the FCC to block the proposed AT&T and T-Mobile merger, arguing that the merger will have hugely negative consequences, especially for African Americans.

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The U.S. military’s top officer told Congress on Thursday that President Barack Obama’s decision to withdraw up to 33,000 troops from Afghanistan by next summer is risky but keeps the U.S. and its allies on a path toward stabilizing the country.

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