by NNPA (NNPA) – OneTen, a coalition of leading executives, said it would work to hire 1 million African Americans into family-sustaining jobs with advancement opportunities over the next decade. The coalition joined forces to upskill, employ, and advance the hires as a method to chip away at the economic barriers […]
Money
4 Fun Activities to Teach Kids About Money
These simple activities teach kids about basic financial principles, including charitable giving, delayed gratification, budgeting, saving money, and compounding interest. By Beth Kobliner PHOTO: BLEND IMAGES – JGI/JAMIE GRILL/GETTY IMAGES We don’t have to tell you it’s important to teach your children basic money skills. The big stumbling block is how to do […]
Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy
NNPA NEWSWIRE — “Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote Raymond J. McGuire, Citi’s Vice Chairman and Chair of its Global Banking and Capital Markets, “I am still seen first as a six-foot-four, two-hundred-pound Black man wherever I go […]
TYLER PERRY HAS OFFICIALLY JOINED THE BLACK BILLIONAIRES CLUB
by Cedric ‘BIG CED’ Thornton Photo: (twitter.com/tylerperry) Tyler Perry is officially a billionaire, according to Forbes. The Hollywood executive is the seventh Black American billionaire, joining the ranks of tech investor and philanthropist Robert F. Smith, NBA legend Michael Jordan, media mogul Oprah Winfrey, tech founder David Stewart, along with hip-hop heavyweights Jay-Z and Kanye West. The 51-year-old entertainment […]
NAACP Sues U.S. Education Secretary Over COVID-19 School Money
By Stacy M. Brown NNPA Newswire Senior Correspondent Photo: The lawsuit claims the share going to private schoolsshould have its basis on the number of Title I studentsattending those schools. DeVos did not follow that rule,the NAACP contends, spelling out that hundreds of millions of dollars in CARES Act funds would […]
7 Myths About Saving For Retirement
By Andrew J. Tudor Financial Advisor with Northwestern Mutual Wealth Management Company. It’s always a great time to reevaluate your financial goals and dreams for the future. Whether you are decades from retirement or only a few years away, many people have misconceptions about how achievable retirement is, how much they’ll […]
Need Retirement Fund Money? Vanguard Advises Loans Instead of Withdrawals
By TNJ Staff Erin Arvedlund May 18, 2020 Need to take emergency money out of your retirement fund? With more than 36 million Americans unemployed in the wake of the pandemic, you are not alone. That’s the largest rise in claims since the U.S. Department of Labor started tracking the data in 1967. As […]
Individual Stimulus Checks Begin to Arrive, What Should You Expect?
By Stacy M. Brown, NNPA Newswire Senior Correspondent April 14, 2020 Payments from the $2.3 trillion federal coronavirus stimulus package have begun hitting individual bank accounts. In a memo, IRS Treasury Secretary Steven Mnuchin said the first round of payments were sent on Thursday, April 9, and should arrive in […]
African Americans optimistic about future finances, but need help to plan ahead
Here are 3 ways middle-income families can work toward a more secure financial future Staff Writer for Primerica March 9, 2020 Sergeant Major Helen Davis admits she hasn’t always been good about saving for the future. In her 20s and 30s, she sometimes spent too much on eating out and […]
Fascinating Facts You Never Knew About Money
Learn about the origin of “greenbacks,” the cocaine in your wallet (it’s true!) and more. Source: Fascinating Facts You Never Knew About Money