The Trump administration’s decision to collect on federal student loans will disproportionately affect Black borrowers, who are already struggling with debt and racism in the labor market.
Category: Finance
Posted inNational
Trump Slaps Highest Tariff Yet on Small African Nation
President Trump has imposed a record-setting 50% reciprocal tariff on Lesotho and other African nations, in an effort to address long-standing trade imbalances that hurt American manufacturers, effectively ending the African Growth and Opportunity Act months ahead of schedule.
Posted inFinance
The Jobs of Money: More Than Just Cash in Your Pocket
Money serves as a middleman in trades, allows for savings over time, and helps compare the value of different things, but its value can be distorted by inflation and manipulation.
Posted inPolitics
Trump’s Executive Orders: Impact on Education, Immigration, and Economy
President Trump has signed over 50 executive orders in his first 65 days in office, including one aimed at dismantling the Department of Education, which could lead to increased disparities between Black and Brown students, discrimination based on race, gender, and sexuality, and the luxury of education becoming a privilege for the rich.
Posted inLa Semana Dallas
Tres mujeres lĂderes comparten sus secretos para el Ă©xito profesional en JPMorganChaseÂ
En el mundo de la banca, las mujeres de JPMorganChase en Dallas-Fort Worth están liderando el camino con un enfoque en el aprendizaje y la adaptabilidad, y ofrecen consejos para aquellos que buscan entrar en el negocio.
Sponsored
Women Lead the Way in Banking: JPMorgan Chase’s Journey of Success and Growth
JPMorgan Chase’s Renee Horne, Monique Winfree, and Annika Cail share their journeys and lessons learned in the banking industry, highlighting the importance of lifelong learning, building relationships, and community involvement for career growth and making a difference.
Posted inMetro
DART Board Discusses Silver Line, Proposed Legislation, and Budget Concerns
The DART Board of Directors is considering new legislation to potentially restructure the board, budgeting concerns, and another possible financial audit, as member cities are fed up with unfair funding and lack of representation on the board.
Posted inFinance
Stocks’ sell-off worsens as Wall Street wonders how much pain the 47th president will accept for the economy
The U.S. stock market has been on a sell-off, with the S&P 500 down 2.7% as investors question the potential impact of President Trump’s tariffs and other policies on the economy.
Posted inTexas Tribune
In Texas, private firms cash in on property tax late fees, piling debt onto struggling homeowners
Texas has one of the most punitive systems in the nation for property tax debt, where private law firms can charge up to 20% on top of existing base taxes, penalties, and interest, resulting in billions of dollars in revenue for the firms.
Posted inFinance
A History of Money: From Goldsmiths to Bitcoin
Gold has been a trusted form of money for thousands of years, with goldsmiths storing gold and issuing receipts to trade for goods, leading to the creation of banking as we know it, and the dollar became the world’s reserve currency with the Bretton Woods system, but the rise of digital currencies like Bitcoin is challenging the petrodollar system’s dominance.