Ways to Close the Nation's Wealth Gap

Today, middle class households feel the same financial stress that low- and moderate-income families have borne for years, says new research by the Corporation for Enterprise Development.

D.C. Unemployment Rate Drops to 7.4 Percent; 9K Jobs Lost

The District of Columbia Department of Employment Services reported Tuesday that the preliminary January job estimates show a decrease of 9,100 jobs, for a total of 739,500 jobs in the District.

States Shrink and Shift Higher Education Costs to Families

As the nation's trillion-dollar student debt continues to rise, a new analysis of public higher education's funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt.

BUSINESS EXCHANGE: Out of the Closet onto the Altar

While African-Americans have willingly accepted President Barack Obama political overtures toward the nation's gays, Africa's political and religious leaders have rebuked Obama and the gay lobby in ways we should take note.

Harris Tapped to Lead Executive Leadership Council

Carla Harris, vice chairman of the Wealth Management and senior client adviser at Morgan Stanley, has become chair of the Executive Leadership Council, an organization comprised of current and former black chief executive officers, senior executives and board members of ...

CFPB to Mortgage Servicers: The Shell Game Is Over

In a Feb. 19 speech before the nation's largest association representing real estate finance, Steven Antonakes, Deputy Director of the Consumer Financial Protection Bureau (CFPB), updated the Bureau’s recent achievements before addressing how new mortgage servicing standards will be implemented.

BUSINESS EXCHANGE: Welcome to the Republicans' Soirees

Republican National Committee Chairman Reince Priebus acknowledges that Republicans had not been doing enough outreach in previous years to reach out to African-Americans.

Ben's Chili Bowl Set for Va. Grand Opening; Bill Cosby to Help Celebrate

Ben's Chili Bowl, the iconic D.C. restaurant patronized by luminaries ranging from Martin Luther King Jr. and Ella Fitzgerald to Bill Cosby and President Barack Obama, will open the doors Thursday to its new location in Northern Virginia, its first ...

BUSINESS EXCHANGE: Why You Should Question Minimum Wage Bills

Black Americans should be dubious of the latest public policy snake oil that Democratic politicians and union leaders are promoting.

Rebuilding Wealth Lost During Great Recession

The Center for Responsible Lending and key allies chose February to convene a symposium that addressed communities of color and consumer financial services.

Nation's Housing Recovery Eludes Black America

Black America’s barriers to building wealth are the focus of a recent research report jointly authored by the National Urban League and Zillow, Inc., the largest home-related marketplace on the web.

BUSINESS EXCHANGE: Why Blacks Should Care About the Debt Ceiling

Here's how the latest episode of the debt ceiling drama will end: Congress will raise or suspend the country's borrowing limit, probably for as much as a year.

Consumers of Color Pay More for Dealer-Financed Loans

New research by the Center for Responsible Lending finds that consumers of color still report paying higher interest rates on dealer-financed car loans than other consumers.

BUSINESS EXCHANGE: Calling Out Card-Carrying Black Republicans

What's your opinion of Timothy Eugene Scott? Surely, you know who he is.

AmeriHealth Caritas CEO Michael A. Rashid to Retire

AmeriHealth Caritas announced today that, after nearly 20 years with the company and four years as its president and chief executive officer (CEO), Michael A. Rashid is retiring from these roles.