Bill Seeks Financial Justice for Defrauded Wells Fargo Victims

A series of developments following the Wells Fargo scandal has now led to the introduction of legislation designed to bring financial justice to the millions of consumers affected by fees and fraudulent accounts they never authorized, nor opened.

BUSINESS EXCHANGE: Time to Blacks to Focus on Trump, Not Obama

Exactly what did Barack Obama do for the black race while he was POTUS?

Wells Fargo Awarded for Work in Minority Communities

Amid an onslaught of bad press stemming from a phony-account scandal, Wells Fargo recently received an award acknowledging their efforts to diversify homeownership.

Banks Reap Benefit of 'Black Dollars Matter'

Just like "Black Lives Matter," those behind the latest "Black Dollars Matters" action are hoping that it's not just a moment but also a movement.

PNC Names Richard Bynum Greater Washington Regional President

PNC Bank, N.A. announced Tuesday the appointment of Richard Bynum as regional president for the greater Washington area, effective Jan. 1, 2017.

BUSINESS EXCHANGE: A Black Agenda for Congress

How can blacks "overcome" significant sacrifices we've made toward racial harmony in the country? For black descendants of slaves to get their just due in America requires an act of Congress.

Shopping Small: The New 'Black Friday' Trend

This holiday shopping season, support for patronizing Black-owned businesses lags behind small business initiatives as an alternative to Black Friday shopping on the Internet.

Black Unemployment Rate Double That of Whites'

Black workers lost ground last month, as the unemployment rate increased from 8.3 percent in September to 8.6 percent in October, according to the latest jobs report from the Labor Department.

BUSINESS EXCHANGE: Trump Won — Get Over It, and Get on Board

It's time blacks looked objectively at "The Donald," who was elected in a stunning culmination of an explosive, populist and polarizing campaign that took relentless aim at the institutions and long-held ideals of American democracy.

Macy’s Launches Incubator Program in D.C.

The entrepreneurial spirit remains alive and well in the District — this time thanks to Macy's Inc. who recently unveiled a fourth location of the highly-successful DC Fashion Incubator at Macy's Metro Center.

Report: Blacks, Latinos Twice as Likely to be Denied Mortgages

White and Asian borrowers are more likely to be approved for a conventional loan than black and Hispanic borrowers, according to a recent report.

Mortgage Officials Fined, Imprisoned for Fraud

Perpetrators in a mortgage fraud scheme that targeted black consumers in the Los Angeles area have been sentenced to federal prison and fined. On Oct. 24, United States District Judge S. James Otero sentenced Paul Ryan, a former mortgage loan ...

BUSINESS EXCHANGE: Blacks Must Put Own Needs Before Politicians'

If you always do what you've always done, you will always get what you've always got.

Black Woman Thrives in D.C.'s World of Cigars

Negest Dawit, a savvy businesswoman from Ethiopia, steered her 1998 Mercedes Benz past a vacant building on 9th Street near downtown D.C. and gazed into her future. That was 10 years ago.

Black Uber, Lyft Customers Wait Longer for Rides, Study Finds

A recent study released by the National Bureau of Economic Research concluded drivers on the ride-sharing apps Uber ad Lyft are more likely to discriminate against passengers with black-sounding names compared to riders who appear white.