My experience negotiating restitution for Holocaust survivors has shown me how difficult and divisive a slavery reparations program would be to enact.
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#RIPMedicalDebt: Church Leaders Join Forces To Clear Millions In Debt For Nearly 6,000 Chicagoans | Essence
Church leaders urged parishioners to bring the money from the bottom of their purses or coin jars. By September, they had raised the money needed to buy the medical debt for pennies on the dollar.
View MoreEntrepreneur Creates Flashcards That Teach Children About Black Millionaires & Billionaires | Chicago Defender
By Jeffrey Somers, Chicago Defender New Orleans, LA — New Orleans-based media company, Raising Black Millionaires, has just released the first volume in their series of Raising Black Millionaires Flashcards, to empower parents and educators of Black children with an effective and easy tool that builds self-confidence, high self-esteem, and limitless earning potential for all […]
View MoreHow America’s Ugly History of Segregation Changed the Meaning of the Word ‘Ghetto’ | TIME
By Daniel B. Schwartz, TIME Today, for many Americans, the word “ghetto” conjures images of run-down and crime-ridden African American segregated areas—“inner cities,” in a common euphemism. This connotation is relatively recent; it has only become mainstream in the past 70 years or so. Beforehand, the term was primarily associated with Jewish urban quarters, and […]
View MoreEXCLUSIVE: How This Woman Became the Youngest Black McDonald’s Owner in the U.S. | Black Enterprise
By Kemberley Washington, CPA,Black Enterprise Jade Colin made headlines earlier this month when The Black Professional broke the news that she held the title of the youngest black owner of a McDonald’s in company history. Colin acquired her franchise after working at her family’s McDonald’s straight out of college and then completing the restaurant chain’s […]
View MoreHere’s How One Couple Paid $200K Of Debt In 5 Years By First Addressing Their Money Hang-Ups | Forbes
Ryan Derousseau, Forbes In order to pursue financial independence, first Julien and Kiersten Saunders had to address the psychological barriers they had when it came to spending and saving money. JULIEN & KIERSTEN SAUNDERS. Featured Image [dropcap]W[/dropcap]here Julien and Kiersten Saunders live in Atlanta, GA, they have multiple options for grocery shopping. There’s the high-end […]
View MoreA.L. Lewis: Florida’s first black millionaire remembered | NBC News
By Associated Press, NBC News Dr. Johnnetta Betsch Cole. Featured Image [dropcap]F[/dropcap]ERNANDINA BEACH, Fla. — They called him Fafa. A.L. Lewis loomed large in the Jacksonville childhood of great-granddaughter Johnnetta Betsch Cole and her two siblings. With only an elementary school education, he helped found the Afro-American Life Insurance Co. in 1901 and became Florida’s […]
View MoreBank of America Launches $5 Billion Home Loan Assistance Program | BlackPressUSA
Stacy M. Brown, NNPA Newswire Correspondent, BlackPressUSA [dropcap]NNPA[/dropcap] NEWSWIRE — The new Bank of America program includes down payment and closing cost assistance; innovative low down payment mortgages; grants that can be applied to non-recurring closing costs; a national network of lending professionals; easy-to-understand financial education tools; strategic partnerships with real estate professionals; and a […]
View MoreTa-Nehisi Coates Revisits the Case for Reparations | The New Yorker
By The New Yorker, The New Yorker YOUTH & FAMILIES DETERMINED TO SUCCEED. Featured Image [dropcap]It’s[/dropcap] not often that an article comes along that changes the world, but that’s exactly what happened with Ta-Nehisi Coates, five years ago, when he wrote “The Case for Reparations,” in The Atlantic. Reparations have been discussed since the end […]
View MoreJay-Z named world’s first billionaire rapper by Forbes magazine | The Guardian
In a new cover story, Forbes has valued the rapper and business mogul’s empire at $1bn, including real estate and other ventures
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