A newly introduced stopgap bill in Congress aims to extend government funding through the end of the 2025 fiscal year, but concerns persist that flat funding levels will not account for rising costs, leaving states and local governments to bridge potential gaps in affordable housing efforts.
Tag: Finance
Posted inBlackPressUSA.com
Black America Braces for Impact as Trump’s Tariffs Land
The Trump administration’s tariffs on imports from Canada, Mexico, and China will impose a 25% levy on goods and an additional 10% on Chinese products, leading to a surge in gas prices, grocery costs, and potentially leading to layoffs in the auto industry, which will disproportionately affect low-income families and marginalized communities.
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 inFinance
Financial considerations for multigenerational households
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 inFinance
Bank of America Nonprofit Investments in DFW Area
Each Receives a Multiyear Grant & Comprehensive Leadership Training to Expand Critical Services Locally Dallas/Fort Worth, TX – Celebrating its 20th year, Bank of America’s signature Neighborhood Builders® program continues to be one of […]
Posted inFinance
Chase Bank & On the Road Lending: serving communities with empowerment
JPMorgan Chase & Co., commonly known as Chase Bank, has a longstanding reputation for innovation in financial services and direct community impact. On Thursday October 10th, JPMorgan hosted a community […]
Posted inPolitics
Biden-Harris Administration Approves $7.7 Billion in Additional Student Loan Debt Relief
By Stacy M. Brown Originally appeared in NNPA The Biden-Harris Administration announced the approval of $7.7 billion in student loan debt relief for 160,500 borrowers. This measure targets three categories […]
Posted inBusiness
Black Entrepreneurs Need Cash. This Initiative Can Help
By Bria Overs Originally appeared in Word in Black Access to capital — that’s the number one hurdle for Black-owned businesses. Now, a new partnership between the United States Black […]
Posted inBusiness
Report Reveals Racial Wealth Gap Widens in the United States
By Stacy M. BrownNNPA Newswire Senior National Correspondent@StacyBrownMedia A new report from WalletHub, a personal finance website, has found that the racial wealth gap in the United States is alive […]
Posted inFinance
Forgiveness Comes Early for Borrowers on the SAVE Plan
By Bria Overs Originally appeared in Word in Black Some student loan borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan will receive debt relief in February. This […]