Archive | finances RSS feed for this section

Country’s black-owned banks are in a fight for their survival

22 Feb

bankThe Federal Deposit Insurance Corp. counted 25 black-owned banks remaining in the country last year, down from 48 in 2001. Read more: http://www.africanamericanreports.com/2015/02/countrys-black-owned-banks-are-in-fight.html

Advertisements

Why Forbes Magazine believes Lebron James will be a NY Knick

22 May
Forbes Magazine: Lebron James will be playing for the New York Knicks because this January they became the only franchise that can use their stock as currency.

Racial wealth gap in US getting wider.

20 May

Racial wealth gap getting wider:

A study by the Institute on Assets and Social Policy (IASP) at Brandeis University shows that the wealth gap between white and African-American families increased more than four times between 1984-2007, and middle-income white households now own far more wealth than high-income African Americans.

Read more here:

http://aareports.com/2010/05/us-racial-wealth-gap-quadrupled-since.html