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Building Multigenerational Wealth: New York Life’s $50 Billion Promise

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While most cultures use life insurance as a death benefit tool for generating multigenerational wealth, African Americans have generally viewed it as simply a means of covering burial expenses.[1] “It is time to help close the wealth gap by making African-American families aware of the ability to create financial stability, economic opportunity and multigenerational wealth, with life insurance as the foundation,” said Eugene Mitchell, corporate vice president of New York Life Insurance Company’s African- American market.…

Book Explores the Complexities of Black Men Through the Eyes of Local Leaders

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By Kallan Louis We are currently witnessing rapid and steady growth in Charlotte. As luxury apartments, retail shops and restaurants have residents flooding back to live in uptown and South End, Charlotte’s historically black West End has remained mostly neglected. The often-mentioned Harvard study on economic mobility — which ranked Charlotte last out of 50 major metropolitan areas on economic mobility — reveals how complex the issues truly are.…

Voices from the Neighborhood: An Education in Gentrification

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By Angela Lindsay Native Charlottean Darryl R. Gaston has lived in the Druid Hills community for 52 of his 56 years. Like many other residents in his neighborhood, many of whom he says have lived there for 30 to 60 years, he is very concerned when he sees other historic and mostly minority neighborhoods being taken over by gentrification—concerned because he is now seeing it happen right outside his own front door.…

Charlotte Street Art on The Rise

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    By Lashawnda Becoats We were on a mission as we walked through the streets in Brooklyn, past bodegas and nail salons. It was a hot summer day and my friends were tired of all the walking. Bars and restaurants I love this mural of Frida Khalo I tracked down in Buenos Aires, Argentina.…