Finance News

Five ways to get your money right for 2010

By Dr. Boyce Watkins

7:00 AM on 01/01/2010

OPINION - Although we've got some work to do, black folks are always "movin' on up."

Leave banks out of student loans; give students the bailout

By Noel Anderson

7:10 AM on 09/22/2009

OPINION - Access to higher education should not be for just the privileged, it should be affordable and available to all who strive for it...

3 ways Obama's financial reforms could help you

By Zuhairah Scott

9:07 AM on 09/18/2009

OPINION - The president's proposal is an aggressive attempt to put oversight mechanisms in place to prevent another financial crisis ...

Educating the financially illiterate

By Keesa Schreane

3:58 AM on 07/17/2009

For those who see government regulation of financial products as a means to help consumers empower themselves financially, recent changes may be reason for optimism. The proposed Consumer Finance Protection Agency would create a more centralized regulatory authority, and help consumers educate themselves. In its current iteration, one of its...

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...

Let's hold black sorority and fraternity leaders accountable

By Lester Spence

9:39 AM on 06/23/2009

Since Alpha Phi Alpha was founded in 1906 the nine major black fraternities (Alpha Phi Alpha, Kappa Alpha Psi, Phi Beta Sigma, Iota Phi Theta, Omega Psi Phi) and sororities (Alpha Kappa Alpha, Delta Sigma Theta. Zeta Phi Beta, Sigma Gamma Rho) have been trailblazers, at the forefront of the...

Obama's financial regulatory reform risky but necessary

By Dr. Boyce Watkins

9:40 AM on 06/22/2009

I have a friend who broke both of his legs climbing a dangerous mountain in Southeast Asia. This friend has nearly died 8 times, been chased by bears, and has had food poisoning too many times to count. After his latest injury, we presumed that he would understand that taking...

What Hip-Hop can teach you about business

By Kevin A. Pemberton

7:53 AM on 06/11/2009

Since the recession began in December 2007, Black unemployment has risen 4.5 points, to 13.4%, according to the Bureau of Labor Statistics. Rather than sit on the sidelines anxiously waiting to be plucked from unemployment obscurity some individuals have decided to direct their efforts towards self-employment. In these challenging economic...

What to do when the breadwinner stops making the bread

By Zuhairah Scott

7:58 AM on 06/10/2009

You are the one who went to college, got the Wall Street job, went on exotic vacations around the world and bragged about them to your cousins back in Detroit at family reunions. Now you are unemployed and more family members than ever have their hands out. How do you...

Man posing as cop, sexually assaults woman

VIDEO - Police in Fort Worth, Texas are searching for a man who sexually assaulted a woman after talking his way into her apartment while wearing a fake police uniform...