Debt News

Will a black president make any difference to Africa?

By Lola Adesioye

8:05 AM on 07/10/2009

A Ghanaian jersey vendor sells shirts depicting President Obama (AP Photo/Rebecca Blackwell) Africans were filled with joy and high expectations when Barack Obama, whose father was Kenyan, was elected president of the United States of America. On a trip to Nigeria, the country that my family hails from, shortly before...

Michael's $500m debt: lessons we can all learn

By Dr. Boyce Watkins

8:23 AM on 06/29/2009

Auction of Michael Jackson memorabilia during Julien's Auction in Las Vegas (AP Photo/Laura Rauch) Michael Jackson is not dead. No, he's not on a deserted island chilling with Tupac and Elvis (who some believe faked their deaths), but he is certainly alive in corporate and social spirit, impacting millions of...

Fewer blacks are in the black

By Zuhairah Scott

9:44 AM on 06/26/2009

Debt. Everyone has some these days. From our own federal government (the current federal deficit is a whopping $11.3 Trillion) to the typical college graduate who has on average $20,000 in debt. Even the King of Pop, Michael Jackson, may he rest in peace, died with an estimated $400 million...

Credit is the new crack

By Dr. Boyce Watkins

12:28 AM on 06/08/2009

In an interview with NPR's Michel Martin, I explained how credit card companies are really financial drug dealers. While this comparison might initially seem out of the park, it is actually quite appropriate: Credit is like a drug: it makes you feel good, and it is difficult for most Americans...

Tiger: 'A little nervous' about return at Masters

"It would be nice to hear a couple claps here and there," he told ESPN in an interview Sunday night...