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Foreclosure, Mortgage Fraud Settlement Announced
WASHINGTON — U.S. states reached a landmark $25 billion deal Thursday with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. SEE ALSO:...
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GO BROTHA! African Business Man Makes Millions Without Business Plan!
Muhammed Jah (pictured) of The Gambia told the BBC in a recent interview of a friend who went to the airport in the late 1990s to pick up a consultant who was in the country teach his department the...
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Obama To Talk Tax Cuts In Iowa
WASHINGTON — President Barack Obama and Republican rival Mitt Romney are clashing in a reinvigorated election-year debate over tax fairness, with both sides claiming their position is best for a...
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Surprised? Prison Companies Make Big Money Off Illegal Immigrants
MIAMI — The U.S. is locking up more illegal immigrants than ever, generating lucrative profits for the nation’s largest prison companies, and an Associated Press review shows the businesses have spent...
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Unemployement Rate Rises To 8.3 Percent; Black Rate Ticks Down Slightly
WASHINGTON — The U.S. economy generated jobs last month at the fastest pace since February, a sign it is resilient enough to pull out of a midyear slump and grow modestly even as the rest of the world...
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Is Social Security Still A Good Deal?
People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers than they will receive in benefits after they retire. It’s a historic...
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9-Year-Old Boy’s Lemonade Stand Raises 3K For Detroit!
Joshua Smith, a 9-year-old boy from Detroit, Mich., has made national headlines over his ambitious efforts to help his hometown rise out of its ever-sinking debt. He started off with a goal of selling...
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Obama Raises $75 Million, $26 Million Below Romney
WASHINGTON — President Barack Obama and the Democratic National Committee raised $75 million in July for the president’s re-election campaign. RELATED: Obama To Sign Veterans Measure, Then Campaign The...
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Obama Supports Bill To Exempt Olympians From Taxes
WASHINGTON — The White House says President Barack Obama supports a measure that would exempt U.S. Olympians from taxes on their prizes. RELATED: Olympians Could Owe The IRS Thousands In Taxes On...
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Warren Sapp Auctioning Off Jordan Sneaker Collection To Pay Off Debts
Former NFL defensive lineman Warren Sapp is cashing in on his collection of 240 Air Jordan sneakers to help satisfy some of his debt, according to TMZ. Sapp is part of an unfortunate list of recent...
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Trayvon’s Mother To Sue Insurance Company Of Townhome Community Where Son Died
A series of recent developments in the Trayvon Martin case reveal that the parents of the slain teen are not sitting idly while their son’s killer, George Zimmerman, awaits his fate. RELATED: Trayvon...
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NFL’s Plaxico Burress Owes IRS $59K
NFL’s Plaxico Burress (pictured) has to cough up $59,000 in back taxes from his Super Bowl win with the Giants or the state can seize his assets, according to TMZ. SEE ALSO: Gabby Douglas Slammed For...
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1st African American Designs U.S. Mint Coin 66 Years Ago Today
Pioneering sculptor Isaac Scott Hathaway (pictured) was chosen as the first African American to design a U.S. Mint coin on this day 66 years ago. SEE ALSO: Marcus Garvey Opened UNIA Convention In...
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Mike Tyson To Star In Broadway Biopic
NEW YORK — Pounding out the details of his personal life on a Broadway stage doesn’t seem to faze Mike Tyson. The former heavyweight champ says that’s what he’s used to doing, “and at least now I don’t...
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What Tax Bracket Am I In?
What tax bracket am I in? It’s a question many Americans are asking themselves right about now, even though tax day—April 15, 2013—is a long way away. Below is a chart of the projected tax brackets for...
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Investment Clubs: Your Ticket to Financial Freedom?
Members of an investment club joined Roland Martin Tuesday on “NewsOne Now” to share how investment clubs work and how they’re useful for black Americans. Donna Long and Angela Wilson-Wade of the...
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Here’s Why ONLY Saving Won’t Help You Retire
Did you know that four out of five black households have no retirement savings? Financial guru Deborah Owens says it was dire statistics like that encouraged her to write her book “Nickel and Dime...
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Where There’s A Will, There’s 3 Ways To Finance The Start-Up Of Your Dreams
Source: Blend Images – REB Images / Getty When mergers and acquisitions lawyer Nicole Valentine launched her New York City-based Synergy Business Development company last year, she turned to none other...
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Russell Simmons Opens Up About The RushCard Glitch
RushCard suffered from a technical shutdown last month, preventing many customers from being unable to access their own money for days. But Russell Simmons, the creator of the pre-paid Visa card, has...
View ArticleStudy Shows Blacks Value Community Involvement More Than Whites
A new study revealed that when it comes to finances African Americans are more likely to support their family, friends, and the local communities that they reside in more than Whites, Black Enterprise...
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