Skip to content
Search

Latest Stories

Top Stories

Honoring Juneteenth: What we need from corporate America

Juneteenth, Black Freedoom Flag
Arseniy45/Getty Images

Reid, a rising senior at Yale majoring in history, is a special assistant to the CEO at GenUnity, a civic wellbeing nonprofit. Chang is the co-founder and CEO.

Last month, a tweet from Dollar Tree advertising Juneteenth-themed party supplies received backlash for failing to provide any historical context for these items and, instead, commercializing a sacred holiday. This was yet another example of a company missing the mark on what authentic solidarity with the Black community looks like.

Juneteenth is a day of celebration and reflection about the journey towards a more equitable society. But too often, companies have demonstrated a deep misunderstanding of its importance. Companies need to think deeply about what solidarity with the Black community means and start taking more thoughtful actions to honor Juneteenth and accelerate our country’s journey towards a more perfect union.


Recently made a federal holiday, Juneteenth commemorates the end of slavery in the United States. To celebrate, we gather to honor the richness of Black history and the legacy of Black Americans in advancing equity while reflecting on the many ways freedom continues to remain elusive for the Black community. Indeed, it was only a few weeks ago that 10 Black people were killed at a supermarket in Buffalo.

In the face of these recurring injustices, Juneteenth is an opportunity for reflection and recommitment to the work ahead, but too often our corporate leaders misunderstand what solidarity with the Black community is. For example, Walmart recently apologized for selling a Juneteenth-flavored ice cream which was seen by many “as a marketing scheme” to sell its products. Business leaders need to interrogate whether their intentions and actions – not only on Juneteenth but throughout the year – truly center racial equity.

The practice of equity-centered leadership starts with creating spaces for community building, learning and reflection; elevating diverse, proximate leaders; and translating learning into strategic action. And, we urgently need more business leaders to invest meaningfully in this core competency throughout their organizations.

Cultivating this leadership starts internally on an individual and organizational level. Corporate executives and managers should think about how they are creating spaces that elevate Black lived experiences without the burdens of tokenization and build community and understanding across differences, both in the workplace and in the broader community. The data tells us we can and must do better: A 2021 Gallup survey found that more than 60 percent of American adults knew “nothing at all” or “only a little bit” about Juneteenth.

Corporate leaders also need to reflect on how they decentralize decision-making to those most proximate to the issues that impact the Black community. Do they have Black employees and leaders throughout the organization? Do those employees have the authority to shape strategic decisions concerning equity? If not, companies compromise the good-governance principles that advance progress towards racial equity.

Importantly, just as reflection on racial equity cannot be contained to one day a year, advancing racial equity cannot be siloed off from a company’s core business. Increasingly, investors and customers expect companies to be intentional and thoughtful about how they tackle social issues – many of which directly impact the Black community. Going back to Walmart, some have shared that, instead of rolling out a Juneteenth ice cream, Walmart could have elevated Black-owned Creamalicious Ice Cream to demonstrate solidarity with the Black community. Companies that limit the exploration of racial equity to internal workplace culture initiatives will miss out on these critical opportunities to align doing well with doing good.

Today, we honor Juneteenth to remember the courage and sacrifice of American heroes who have come before us and who, in the face of extreme adversity and personal risk, led our country to the next stage on its journey towards freedom and equality. So, as we celebrate today, let’s consider and commit to the internal and external ways we, and our organizations, can advance racial equity.

Read More

President Donald Trump standing next to a chart in the Oval Office.

U.S. President Donald Trump discusses economic data with Stephen Moore (L), Senior Visiting Fellow in Economics at The Heritage Foundation, in the Oval Office on August 07, 2025 in Washington, DC.

Getty Images, Win McNamee

Investor-in-Chief: Trump’s Business Deals, Loyalty Scorecards, and the Rise of Neo-Socialist Capitalism

For over 100 years, the Republican Party has stood for free-market capitalism and keeping the government’s heavy hand out of the economy. Government intervention in the economy, well, that’s what leaders did in the Soviet Union and communist China, not in the land of Uncle Sam.

And then Donald Trump seized the reins of the Republican Party. Trump has dispensed with numerous federal customs and rules, so it’s not too surprising that he is now turning his administration into the most business-interventionist government ever in American history. Contrary to Adam Smith’s “invisible hand” in the economy, suddenly, the signs of the White House’s “visible hand” are everywhere.

Keep ReadingShow less
A person sits in their kitchen, holding and looking at receipts in one hand, with a calculator in their other hand.

Rising debt, stagnant wages, and soaring costs leave families living paycheck to paycheck in 2025.

Getty Images, Grace Cary

Running on Empty: America’s Fragile Middle Class

The Vanishing Middle Class

In the late 1970s, my mom worked as a nurse and became the family's breadwinner after my dad developed serious heart disease. His doctors told him to avoid stress, even driving, for fear it would be fatal. Yet on her single income, we managed what was then considered a solidly middle-class life. Stability was assumed, even if one parent couldn’t work.

That assumption has vanished. Today, surveys show that roughly half to two-thirds of Americans live paycheck to paycheck (People’s Policy Project). A stricter Bank of America analysis finds that about one in four households spends nearly all their income on essentials (Axios). Whether the number is one-in-two or one-in-four, millions of Americans are financially on the edge.

Keep ReadingShow less
Trump’s Mirage Economy Is Putting America in Foreclosure

U.S. President Donald Trump speaks in front of posters depicting household income data in the Oval Office on August 07, 2025 in Washington, DC. Trump fired Bureau of Labor Statistics Commissioner Dr. Erika McEntarfer on August 1st, claiming the agency issued “phony” jobs numbers during the Biden administration to aid Democrats.

Getty Images, Win McNamee

Trump’s Mirage Economy Is Putting America in Foreclosure

President Donald Trump likes to brand himself a business genius. But for average Americans staring at flat paychecks, shrinking opportunities, and higher grocery bills, his “Art of the Deal” looks more like a private equity raid: strip the assets, juice the numbers, and leave someone else holding the bag.

Economic policymaking under Trump is chaos in action: fire the head of the Bureau of Labor Statistics for weak jobs numbers? Done. Call tariffs the “greatest tax cut in history” while quietly carving out exemptions for firms that manufacture in the U.S. That too. In Trump’s America, numbers bend to politics, and if you don’t like it, good luck finding reliable data.

Keep ReadingShow less
Tariff ‘Mission Accomplished’ Hype Is Just That

In an aerial view, a container ship arrives at the Port of Oakland on Aug. 1, 2025, in Oakland, California.

Justin Sullivan/Getty Images/TNS

Tariff ‘Mission Accomplished’ Hype Is Just That

On May 1, 2003, George W. Bush announced, “Major combat operations in Iraq have ended.” He was standing below a giant banner that read, “Mission Accomplished.” At the risk of inviting charges of understatement, subsequent events didn’t cooperate. But it took a while for that to be widely accepted.

We’re in a similar place when it comes to President Trump’s experiment with a new global trading order.

Keep ReadingShow less