How will rising interest rates and inflation impact the wallets of Black Americans?
Loading the player… Days after the Federal Reserve raised interest rates to slow down the economy and bring down prices for goods and services like food and gas, President Joe Biden on Tuesday assured the American public that the White House is working hard to respond to rising inflation across the country. “I want every
5 things athletes and entertainers who lost all their money did wrong, according to a financial advisor who knows
Financial advisor Eszylfie Taylor says some stars are too hands-off with their own money. Donald Miralle/Getty Images When you buy through our links, Insider may earn an affiliate commission. Learn more. A financial advisor to stars and athletes shares five common money mistakes famous people make. Some stars trust their team so much that they
8 Financial Tips For Young Adults
By Aysia Morton May 20, 2022 / 11:13 AM Financial realities might be a tidal wave when you’re a young adult. You’re given new duties, such as how much money you need to spend, save, or invest. It might be frustrating and difficult to understand. Even searching the internet for financial help can be daunting.
Will Medicaid take life insurance proceeds after I die?
Q. If I have an insurance policy that has no cash value and my son is the beneficiary, when I die and he receives the money, will Medicaid file a lien on that money? Would my son have to pay it? — Uncertain A. Many families are surprised that Medicaid will go after funds if
Common Mistakes That You Need to Avoid When Buying Life Insurance
For many families, the consequences of a sole breadwinner’s death can be devastating. Life insurance is a useful tool that provides financial security to a policy holder’s loved ones in the event of a tragedy. Whether it is paying the mortgage or paying for children’s college education, a life insurance plan can ensure that they
1 dead, residents return after Ridgewood, NJ senior home blaze
RIDGEWOOD — A resident at a senior living facility is dead as the result of a two-alarm fire on Saturday evening. Ridgewood police said the flames at the Ridgecrest Apartments broke out at one of the facility’s buildings around 7:30 p.m. It was put out within 20 minutes, officials said. Sgt. Kevin McKeon said the elderly victim was
California Bill Allowing Parents to Sue Social Media Companies Moves Forward
By Edward Henderson, California Black Media On June 8, community leaders, public health advocates and racial justice groups convened for a virtual press event to urge Gov. Gavin Newsom to support the Health Equity and Racial Justice Fund (HERJ Fund). The initiative supports community-based organizations addressing the underlying social, environmental and economic factors that limit
COMMENTARY: Gun Safety & Public Safety: We Should Not Tolerate Continued Inaction
By Edward Henderson, California Black Media On June 8, community leaders, public health advocates and racial justice groups convened for a virtual press event to urge Gov. Gavin Newsom to support the Health Equity and Racial Justice Fund (HERJ Fund). The initiative supports community-based organizations addressing the underlying social, environmental and economic factors that limit
Water Expert: Make Conservation a Family Project as California Drought Gets Worse
Juneteenth is a day like no other. It is both a celebration of freedom and a reminder of the work that still must be done to bring about a more equitable society. So, as we recognize Juneteenth this year, now is the time to harness what unites us and help bring about changes that benefit