The Fund for Social Equity has released research showing that 50% of Americans are willing to pay a premium price to help close the racial wealth gap by supporting Black-owned, managed, and operated businesses.
Category: Finance
Posted inFinance
The Black Migration to Innovation
During the Great Migration, Black Americans migrated to innovation centers such as Detroit, Chicago, and Silicon Valley in search of economic opportunities, building wealth and changing lives.
Posted inReal Estate
HUD Job Cuts Equals Housing Implosion
Protests have been growing across the nation against the Trump administration’s job cuts, with DOGE targeting a 50% reduction in HUD staff, potentially creating a work slowdown and backlog for services.
Posted inFinance
Banks Cash in as Republicans Move to Kill Consumer Protections
Congressional Republicans have introduced a CRA resolution to repeal the CFPB rule that caps overdraft charges at $5, a move that would benefit the banking industry but not consumers.
Posted inBlackPressUSA.com
House GOP Pushes Forward Extreme Budget Plan as Project 2025 Fears Become Reality
House Republicans have unveiled a budget resolution that slashes federal spending by $2 trillion and provides up to $4.5 trillion in tax cuts, which could lead to devastating consequences for millions of Americans who rely on Medicaid and food assistance programs.
Posted inBlackPressUSA.com
U.S. Hits New Low in Global Corruption Index as Trump Halts Anti-Bribery Law
The United States has fallen to its lowest ranking ever on the Corruption Perceptions Index, Transparency International reported, as President Trump signed an executive order halting the enforcement of a key anti-bribery law, which has historically been a cornerstone of America’s anti-corruption framework.
Posted inFinance
Financial considerations for multigenerational householdsÂ
Multigenerational living has many financial benefits, including improved health outcomes, reduced loneliness, and educational benefits, but it also comes with unique financial considerations, such as savings and budgeting plans, expenses, and estate planning.
Posted inLa Semana Dallas
Consideraciones financieras para hogares multigeneracionalesÂ
Las familias multigeneracionales pueden tener beneficios financieros y de bienestar para su familia, pero también requieren planificación financiera y estrategias para asegurar la estabilidad financiera y la prosperidad de todos.
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Black-Owned Small Businesses Are Optimistic About 2025 Economic Prospects
Black small business owners are showing increased optimism about the economy and their businesses’ performance in 2025, with many planning to increase their reliance on various funding sources to drive their businesses forward.
Posted inBusiness
RedNote, Duolingo: Prepare for Friendship?
TikTok is now banned, over 700 million users have switched to RedNote, leading to a surge in Duolingo users learning Mandarin and a growing demand for alternative apps with similar features.
