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Target Market News has introduced Black Business Chicago, a new publication  which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site,, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending

The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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ESSENCE appoints Teresa Wiltz deputy editor, also adds contributors

(September 5, 2012) ESSENCE, the premier lifestyle publication for African-American women, adds a new deputy editor and two new contributors, it was announced today by Constance C.R. White, the magazine's Editor-in-Chief. Culture critic, essayist and columnist Teresa Wiltz (pictured) will join the magazine as deputy editor.

In addition, writer and TODAY show contributor Lola Ogunnaike will cover pop culture and lifestyle topics and author and economist Dr. Julianne Malveaux will cover politics and the 2012 presidential election.

In her new role, Wiltz will be responsible for management, conceptual planning, development and top editing the News and Culture department, as well as center-of-book features.  As an experienced multimedia senior editor and writer, Wiltz most recently served as senior editor at The, where she helped to oversee production of the site. Prior to this, she served in a variety of editorial capacities at The Washington Post and The Chicago Tribune. She has also written a number of cover stories for ESSENCE over the years -- including its recent September cover story on Hollywood powerhouse Jada Pinkett-Smith. 

"We are pleased to welcome Teresa, Lola and Julianne to the ESSENCE team -- all of whom are respected voices in the African-American community," commented White. "Their contributions will ensure that we continue to bring exclusive information and helpful solutions to more than 7 million Black women each month."

With a career in journalism spanning more than a decade, Ogunnaike is one of the leading pop culture authorities in the country. Previously, Ogunnaike served as an entertainment correspondent for CNN, where she covered the Presidential Inauguration, Academy Awards, Grammys and Sundance Film Festival. Prior to joining CNN, Ogunnaike spent five years as a culture reporter for The New York Times; writing about music, Hollywood, lifestyle and fashion for the paper's Arts & Leisure and Style sections. She has also been a reporter at the New York Daily News and a contributing writer for Rolling Stone and Vibe magazines, penning more than a dozen cover stories. Her work has appeared in ESSENCE, Elle, Harper's Bazaar, New York Magazine, USA Today, Glamour and Food & Wine. 

As a writer and syndicated columnist, Dr. Malveaux's work has appeared in ESSENCE, USA Today and Ms. Magazine, and her weekly columns have appeared in numerous newspapers across the country including the Los Angeles Times and the Detroit Free Press. She has appeared regularly on CNN, MSNBC and CNBC and has hosted talk radio programs in Washington, San Francisco and New York, as well as a nationally-broadcast daily talk show that aired on Pacifica Radio. Most recently, Dr. Malveaux served as president of Bennett, the historically Black college in Greensboro, NC.

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