This is the second in a two-part series on the state of healthcare for Black Americans. Check out the first: “Black & Brown Communities Experienced ‘Pandemic Levels of Death’ Long Before COVID.” Related story Black & Brown Communities Experienced ‘Pandemic Levels of Death’ Long Before COVID In the United States, there have been 78.6 million …
WASHINGTON – Today, President Joe Biden appointed the following individuals to serve in key regional leadership roles at the United States Department of Agriculture (USDA), the Federal Emergency Management Agency (FEMA) at the Department of Homeland Security, and the Department of Housing and Urban Development (HUD): Julia Wickard, USDA State Executive Director, Farm Service Agency, …
President Biden Announces Key Regional Appointments for USDA, FEMA, and HUD Read More »
SEATTLE, March 17, 2022 /PRNewswire/ — The Local Initiatives Support Corporation (LISC) has selected 10 local real estate developers focused on affordable housing to participate in its inaugural Housing Equity Accelerator (HEA) program, funded by a grant from the Amazon Housing Equity Fund. The program, which is free of charge to participants, is a part-time …
BOSTON — For Black History Month, OneUnited Bank, the largest Black-owned bank and first digital bank in the country, launches the OneTransaction Podcast to close the racial wealth gap. Whether commuting to work, taking a walk, or simply relaxing at home, the free OneTransaction Podcast takes you on an audio financial journey to increase your net worth that …
America’s Largest Black-Owned Bank Launches Podcast to Close the Racial Wealth Gap Read More »
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. You’ve probably heard about the wealth gap and generational wealth, but here’s a number for you: There’s a $200 …
Experts Share Tips on Overcoming Generational Wealth Disparity Read More »
The United Negro College Fund says it has expanded a scholarship program it runs with JPMorgan Wealth Management for Black students studying any major to help them start a career as a financial advisor. Launched in 2021, the program has added six more Historically Black Colleges and Universities, for a total of 17, whose students are eligible for up to …
JPMorgan Expands Partnership with United Negro College Fund Read More »
WASHINGTON (AP) — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the Fed began what will be a difficult effort to combat inflation. Fed governor Lael Brainard was also approved to serve as the Fed’s vice chair, and the committee …
Senate panel confirms Powell, Brainard to top Fed posts Read More »
Jaye Elizabeth Elijah New research suggests racism should be treated as a matter of public health. But the unique stressors faced by Black farmers remain poorly understood. At 43 and 45 years old, husband and wife farmers Angie and Wenceslaus Provost, Jr., hope they live to see age 70. They don’t fear terminal illness or …
Unique stressors faced by Black farmers remain poorly understood. Read More »
It’s a shame about NC Mutual Life – fondly referred to in the African-American community as “The Mutual.” That descriptor is correct – it’s the Mutual. The one, the only and soon it will be referred to only in the past tense. NC Mutual entered receivership in 2018. Like bankruptcy, receivership (or “rehabilitation”) is a status that means the …
This Just In: NC Mutual Life Goes Quietly to Its End Read More »
We all have money concerns, but for Black Americans they are multiplied by many factors endemic to our society and our history. Point by point, we explore the challenges and offer some practical tips for individuals striving to overcome them. There are many well-known historical disparities in the American financial system that have contributed to …
The Biggest Financial Barriers Facing Black Americans … and Strategies to Tackle Them Read More »
