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Student, Auto Loan Debts Rise While Foreclosures, Bankruptcies Drop

A new report by the New York Federal Reserve Bank seems to be saying that America's household credit and debt are about as uneven as the nation's economic recovery.

BUSINESS EXCHANGE: Payday Loans Business Opportunities

Blacks may want to explore the "cash now" industry's fast-growing business financing trough: Payday loans, check cashing, factoring and invoice discounting.

Uniontown Bar Brings Nightlife to Anacostia

It's a frigid Friday night, and the entertainment centers of the city — Chinatown, U Street, Georgetown, H Street, Capitol Hill, Adams Morgan and Barracks Row — are flourishing. In the Southeast neighborhood of Anacostia, however, the streets are dead. ...

Exelon, Pepco Raise Stakes in Merger Proposal

Exelon Corporation and Pepco Holdings Inc. have sweetened the pot in their $6.8 billion-plus merger proposal, raising the amount of projected benefits for the District of Columbia.

BUSINESS EXCHANGE: White Privilege

No matter how you look at it, whites have privileges beyond the bounds of blacks.

New Website Helps Brides, Grooms Contain Wedding Cost

Getting married can be expensive. But for those seeking wedded bliss, there's some good news.

Entrepreneur Launching D.C. Job Search Site

A new mobile-friendly website for job seekers in the District will launch next month and the site's owner said it will prove to be the easiest way to match employment candidates with potential employers.

$480M Corinthian Student Loan Forgiveness Helps Some But Not All

Thousands of students who are now or formerly enrolled at one of 52 Corinthian Colleges across the country will soon feel $480 million of financial relief on their private student loans.

BUSINESS EXCHANGE: Airing Republicans' 'Dirty Laundry'

No matter how much American Blacks stay away from the Republican Party, now it seems that Blacks in that party are adopting "stay away" piques towards each other.

Pepco Merger with Exelon Moving Forward

Opposition to the proposed utility company merger between Pepco Holdings, Inc. and Exelon has been well-documented and a protest on Thursday, Feb. 5 by numerous environmental advocacy organizations again received its share of media attention.

Young People Embrace Financial Literacy

In a society that has seen widespread economic and financial turmoil not seen in decades, financial literacy has gained added currency, officials say.

Local Black-Owned Salon Survives Gentrification

Veteran beautician and business owner Wanda Henderson defied the odds last summer when she reopened her salon and spa in a newly erected mixed-use development along Seventh Street in the Shaw neighborhood in Northwest.

Don’t Take Away the Ladder to Success for Aspiring Minority Small Business Owners

Every day my husband and I make decisions that affect the lives of 450 people and their families.

BUSINESS EXCHANGE: The Black All-American

Julius Caesar “J.C." Watts Jr. is proving that there is life after Congress and charting a course Black youth can emulate.

Bahamian Official Calls for Renewed Partnership

In his remarks at the National Newspaper Publishers Association’s Mid-Winter Conference 2015 on Jan. 29, the Hon. Philip Davis, Deputy Prime Minister and Minister of Works and Urban Development, told the delegates that as journalists and publishers, their role as ...