As we speak, another black-owned bank in Chicago may be slipping away. Currently, the Seaway Bank & Trust is in the final stages of a capital-rising campaign that could threaten its status as the largest black-owned bank in the Midwest.
While just about every other group has seen a decline in unemployment, black women get no reprieve when it comes to finding work.
According to a report by Forbes, all but three of America’s 185 wealthiest families are white.
Forbes’ 185 dynasties with fortunes of at least $1 billion is the first comprehensive ranking of the richest families in America.
After weeks of rumors, Apple has officially announced its acquisition of Dr. Dre’s Beats Electronics. The deal is said to be valued at $3 billion.
You’re about to witness the exact definition of the phrase “pay it forward.” Comedian Magic of Rahat executed the ultimate act of kindness. Earlier this week, the internet entertainer decided to give a homeless man a winning lottery ticket.
From the looks of the video Rahat had no idea what the amount for the ticket was, and accompanied the unsuspecting man to the convenience store to find out.
19-year-old James Ward always knew that he wanted to attend college. But his dream was temporarily shattered after finding out that he did not have the financial assistance to attend college.
Ward, who has been homeless for several years, was accepted into Howard University and his long-time mentor Jessica Sutherland was determined for him to attend.
So she launched a social media campaign with the #HomelesstoHoward.
The man who was once referred to as “inVINCEable” has joined a growing list of ex-NFL stars who have filed for bankruptcy.
Vince Young, 30, the former University of Texas quarterback, and current NFL free agent filed Chapter 11 bankruptcy protection.
Teriasia Dean found a purse on the ground with $800 in it, and despite facing eviction, she returned to purse and all of its contents to the rightful owner.
Dean owes $670 in rent, and has been working a retail job to catch up on her debts. But her story touched viewers in Oklahoma so much, that she can breathe a little bit easier now.
LeBron James thinks that Allen Iverson is the best “pound for pound” NBA player he’s ever seen. That’s no light compliment, especially coming from “King James” himself.
No doubt Iverson’s legacy will be one worth remembering, but we’ll also remember that the star retired broke.
You might be wondering what could make Allen Iverson broke if he’s such a great basketball player. After all, he earned over $200 million during his 15-year NBA career, and a Reebok endorsement scored him $50 million, so where could all of that money have gone?
Last Friday was National Coming Out Day. Shout out to those who took it as an opportunity to publicly express their sexuality and those who didn’t. Either way, you deserve a big hug and an even bigger ice cream cone. Of course, even with the government shutdown, politics influences how we view the day. So, it wasn’t surprising that last week the same-sex marriage issue that many states are addressing got tied to coming out. Clearly, there are what might be regarded as “problems” with the process of coming out and same-sex marriage. Now, I won’t spend anytime here unpacking any of the issues as I see them. Instead, I’d like to take a moment to promote yet another modest proposal.
Fraught, conservative institution or not, we can all agree that marriage can be an expensive endeavor. From dresses to flowers to delicious cake to chicken or beef or veggie, jumping the broom in any traditional capacity costs many a ducket. In a way, that’s what the fight for same-sex marriage is for: access to several rituals which includes registering a place setting you’ll never use. In essence, that’s the transaction. I put on a big party and feed you, you cry over me and buy me steak knives. Which brings me to my point.