29 Search results for "finances"

Report: more than 55% of black households are ‘underbanked’ or ‘unbanked’
According to a report released by the Policy Economic Research Council, more than 55 percent of African-American households are either unbanked or underbanked. Unbanked means that these U.S. households do not have a checking or savings account and must rely on check cashers or prepaid cards. Underbanked households have a bank account, but are still forced […]
Report: the attitudes of blacks in America regarding racism, justice and the economy
Despite experiences of both blatant and subtle racism in American society, Blacks remain somewhat optimistic about their overall well-being. At least that’s the conclusion of a survey commissioned by the W.K. Kellogg Foundation and EBONY magazine.
Study: black women have more financial burdens than whites
According to a survey conducted by the Kaiser Family Foundation and the Washington Post, African American women experience more difficulties with their finances than white females. The survey cites a lack of confidence in acquiring a good job and education as the primary reasons for the gap.
Conversations We Are Not Having – A Black Youth Project Economic Justice Series: A Social Movement, Not Self-Improvement
By: William Darity Jr. It is now standard fare to hear that black economic progress requires young people in particular to alter their attitudes and behaviors. They repeatedly are told, in effect, “to pull up their pants”, to take financial literacy classes, to be more punctual, to speak “proper” English, and to be more polite or courteous. The […]
New report reveals that credit card debt is worse for African Americans
You can find them everywhere. On college campuses. In the mail. Creditors are practically handing out credit cards to anyone with a social security number, and while the piece of plastic seems like a quick way to make purchases and pay off bills, they do more harm than good. Especially for African Americans. A study […]
Rich residents of small town seek to secede from poor predominantly black residential area
The more affluent members of East Baton Rouge Parish are seeking to create a new city. The formation of the new city, St. George, would place a border around the much wealthier and whiter part of the parish. The findings come in light of a new report commissioned by the Baton Rouge Area Chamber and […]
Michael Jackson lawsuit verdict expected soon
The wrongful death lawsuit filed by Michael Jackson’s family against his concert promoter AEG Live is now being deliberated by a jury.
The verdict could have huge implications for how the entertainment industry conducts business with stars.
Alice Walker Disinvited from U. of Michigan Over Stance on Isreal
Due to her stance on the Israeli-Palestinian conflict, Alice Walker has been disinvited as a speaker at the University of Michigan.
Rapper Shawty Lo and His 10 Baby Mommas To Star in New Reality Show
A new reality tv show will focus on the lives of Shawty Lo and his ten baby mommas.; with whom he has eleven kids. Is this a new low for reality tv? Will you watch?
Frank Ocean Comes Out and the Courage it Takes to be Revolutionary, Plus a Homophobic Backlash
If I could speak to him directly, I would say “Frank Ocean you have become revolutionary.” Every person that breaks normative ideas of sexuality and gender becomes a revolutionist. These paradigm shifters become life changing for every little boy that grew up wanting to put on a ballerina dress but couldn’t because of the fear […]
George Zimmerman’s Second Bond Set at $1 Million
A Florida Judge has granted George Zimmerman’s request for a second bond and release from jail. Judge Kenneth Lester Jr. has set Zimmerman’s bond has at $1 million. Should he have been granted bond? Sound off below!
BREAKING NEWS: George Zimmerman’s Wife Arrested For Perjury
George Zimmerman’s wife has been arrested for perjury. Prosecutors believe she lied to investigators regarding the Zimmerman’s financial situation.