Business|News>National

By ShoppeBlack – Two Black owned banks, City First in Washington, DC and Broadway Financial Corporation in Los Angeles, CA announced today that they have entered into a transformational Merger of Equals agreement to create the largest Black owned […]

By Victor Omondi -Different states have begun mobilizing and submitting proposals to FEMA for the enhanced federal unemployment benefits that President Trump Approved on August 8. Initially, FEMA issued guidance to mitigate the confusion concerning […]

By Diana Olick, CNBC – This Black borrower has an outrageous story about his mortgage refinance. “I started to realize maybe, maybe I need to not disclose my race.” When the coronavirus struck the U.S. in […]

by Derek Major – Former Los Angeles Lakers guard and team president Earvin “Magic” Johnson announced his life insurance company will provide $100 million for women- and minority-owned small businesses as part of the Paycheck Protection […]

By Damian Paletta, washingtonpost.com Treasury Secretary Steven Mnuchin on Thursday would not commit to carrying out the Obama administration’s plan to put Harriet Tubman on the $20 bill, saying he had not made a decision […]

Back in 2013, when the founders of the Smithsonian’s National Museum of African American History and Culture were seeking donors, they were encouraged to reach out to a man named Robert F. Smith. And that […]

by Ann Bucher The makers of the RushCard have reportedly agreed to settle a class action lawsuit filed over a botched upgrade of the pre-paid debit card that allegedly left RushCard holders without access to their […]

By Freddie Allen Senior Washington Correspondent WASHINGTON (NNPA) – Most economists agree that the Great Recession, sparked by the housing market crash, officially ended in 2009, but the fallout from the crisis will continue to […]