Steve Harvey (Photo credit: Joi Pearson for Steed Media)
Entertainment

Steve Harvey and Mo’Nique argue about choosing money over integrity

ROLLINGOUT.COM — Steve Harvey and Mo’Nique argued about the importance of money and integrity. […read more]

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Op-Ed

Mel Watt is Ideal Choice to Lead FHFA

By  Charlene Crowell NNPA Columnist   President Obama recently nominated Melvin (Mel) Watt, a long-time North Carolina Congressman, to direct the Federal Housing Finance Agency (FHFA). While major news media reported on the development, few mentioned exactly what the new job would entail or the Read More

No Picture
Op-Ed

New Wall Street Threat to Homeownership

  By Stella J. Adams NNPA Guest Columnist   Private-equity firms, hedge funds and other Wall Street investors are seeking to develop a Real Estate Owned (REO)– to- Rent Securitization Market with the blessing of the FED and FHFA.   A year ago, the Federal Reserve Board issued Read More

Business

Whites 6 Times Wealthier than Blacks

[NNPA] By Maya Rhodan NNPA Washington Correspondent WASHINGTON (NNPA) – Whites had an average wealth of $632,000 in 2010 while Blacks had about $98,000 and Hispanics had $110,000, according to a recent study by the Urban Institute. “Such great wealth disparities help explain why many Read More

Op-Ed

Blackonomics: The Mythical Black Economy

By James Clingman NNPA Columnist   Although the dictionary calls it archaic, the “management of a household” is one of the definitions listed for the word “economy.”   Another definition is “a saving or attempt to reduce expenditures.”  Yet another is “a system of interacting elements, especially when Read More

Op-Ed

There’s Power in the Purse

By Cheryl Pearson-McNeil NNPA Columnist   Depending on the day, what you’re reading or who you’re listening to, the economy is either still in the tank, in recovery, getting worse or is on the upswing.  Whatever the fluctuating state of the American economy, money is being spent.  Read More

Op-Ed

Check in the Mail for Wronged Mortgage Borrowers

By Charlene Crowell NNPA Columnist   The old saying, “The check is in the mail,”  is often a ruse not worth heeding. But beginning April 12, checks will begin going into the mail for 4.2 million mortgage borrowers who were in the foreclosure process in Read More

Op-Ed

Blackonomics: Money Talk Falls on Deaf Ears

By James Clingman NNPA Columnist   Surely you’ve heard the saying, “Money Talks.”  But, have you ever wondered what is said about Black money? Obviously, understanding its power and the role it plays in this economy, money speaks loudly and clearly, and Black money speaks even louder.  Read More

Op-Ed

Payday Lending Drains Nearly $1 Billion from Communities

By Charlene Crowell NNPA Columnist   One of the worst ironies of the nagging economic recession is that consumers with the fewest financial resources have lost the most. Now, a new report finds that payday loans not only strip much-needed income from low-income families, but Read More

Op-Ed

Blackonomics: Including Us in Economic Inclusion

By James Clingman NNPA Columnist   Thomas Boston, noted economist and author of Affirmative Action and Black Entrepreneurship, in which he called for a strategy that would establish and grow Black-owned businesses to the point of having the capacity to employ 20 percent of the Black Read More

Op-Ed

Bank Continue to Peddle Payday Loans

By Charlene Crowell NNPA Columnist   In today’s challenging financial times, the cost of living finds many consumers with an ongoing financial challenge to hold on until their next payday arrives. Even worse, when banks peddle predatory payday loans, they pose serious threats to their Read More

Op-Ed

America’s Racial Wealth Gap Triples over 25 Years

By Charlene Crowell NNPA Columnist As long as most of us can remember, Black communities have taught and believed that a college education is the key to social and economic advancement. But according to a new research and policy brief by Brandeis University scholars, that Read More

Op-Ed

Credit Card Reform Fears Never Materialized

By Charlene Crowell NNPA Columnist   Since the enactment of the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, consumers have benefited from more transparent pricing and improved ability to manage credit card debt. Although 68 percent of consumers had a credit card Read More

Op-Ed

Blacks, Latinos Two-Thirds of Under-Banked

By Charlene Crowell NNPA Columnist   More than 37 million American households were either unbanked or under-banked in 2011, according to a new report by the Federal Deposit Insurance Corporation (FDIC). African-American households represent 34 percent of all under-banked consumers, the highest percentage among demographics Read More

No Picture
Op-Ed

Cashing in on the “Lootery”

By James Clingman NNPA Columnist I remember when I was about 7 or 8 years of age, the two elderly ladies who lived downstairs from my family would give me a ladies’ handkerchief tied in a knot with some coins and a piece of paper Read More