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Wednesday, August 20, 2025

Target’s CEO Is Stepping Down As Customers Turn Away

Target CEO Brian Cornell is stepping down after 11 years at the helm, amidst declining sales and criticism over the company's rollback of diversity, equity, and inclusion initiatives. Michael Fiddelke, currently the Chief Operating Officer, will assume the role on February 1, 2026.

McDonald’s Introduces New Value Meal Offerings In Response To Price Criticism

McDonald's has announced a 15% reduction in the prices of its combo meals, alongside the introduction of a $5 breakfast deal and an $8 Big Mac and McNugget special. This move comes as the company addresses consumer concerns regarding the rising costs of its menu items.

Dollar General’s Gain Could Be A Warning For America’s Economy

Dollar General's sales increased 2.4% last quarter, beating analysts' expectations and gaining market share from competitors, while the company also raised its profit forecast for the year.

Rev. Jamal Bryant: Target Is Canceled. Dollar General’s Next

Faith leaders nationwide marked the fifth anniversary of George Floyd's murder with prayer vigils at Target stores, symbolizing a decisive end to the economically exploitative relationship between Black communities and the retailer, and announcing a full cancellation of the boycott.

Degrees, But No Jobs: New Grads Celebrate While Facing Rising Unemployment

Recent college graduates, especially Black and female graduates, confront heightened unemployment rates amid dwindling demand in tech and STEM sectors. The challenges include underemployment and significant student loan debt burdens.

NPR Sues Trump Over Executive Order To Cut Funding

National Public Radio, alongside several member stations, has initiated legal proceedings against the Trump administration, alleging that the president's efforts to withdraw funding from the network constitute a breach of constitutional rights, including freedom of speech.

When DEI Gets Cut, So Do Profits: The Real Cost Of Abandoning Equity

Target's decision to scale back its diversity, equity, and inclusion (DEI) initiatives has resulted in a decline in sales and consumer trust, underscoring the importance of equity as a core value rather than a mere branding strategy.

Alcohol Use Is Declining. THC Is Swooping In

The burgeoning market for THC beverages in the United States has seen significant growth, with numerous states permitting their sale. Companies like Cann and hi Seltzer have reported substantial increases in sales, reflecting a broader trend of consumer interest in cannabis-infused drinks.

Forget Hustle Culture: How Black Women Can Build Without Burnout

Black women are encouraged to pursue financial success by prioritizing rest and strategic effort, challenging the unsustainable demands of hustle culture. This approach advocates for a balanced path to wealth that safeguards mental, physical, and emotional well-being.

Budget Cuts Crippling To Minority Business Development Agency

The White House has issued an executive order that eliminates non-statutory functions and reduces statutory functions of certain governmental entities, including the Minority Business Development Agency (MBDA) and the Community Development Financial Institutions (CDFI) Fund. These agencies have been pivotal in fostering minority business growth and providing affordable capital for urban revitalization.

Must Read

Texas GOP Nears Vote On New Maps As Democrats Stage Protest...

Texas Republicans are advancing a redistricting plan endorsed by former President Trump, aiming to create additional GOP-leaning districts. In response, Democrats are staging protests and proposing an amendment to delay the plan's implementation. Concurrently, California Democrats are pursuing a countermeasure to establish five new Democratic-leaning seats, highlighting the ongoing national struggle over electoral boundaries.