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Secretary of Transportation
Real estate entrepreneur Richard Taylor was appointed in 1988 to the Board of Directors of the Federal Reserve Bank of Boston; and in 1990 he became Deputy Chairman, both first appointments for an African-American in Boston. The Federal Reserve is 'the banker's bank,' controlling the money supply
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Source: African Americans in Boston: More Than 350 Years
Platform links loan borrowers to lenders
Platform links loan borrowers to lenders
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Source: Business Daily
FirstCaribbean reports big loss due to COVID
(Jamaica Gleaner) CIBC First Caribbean Interna-tional Bank, which operates in Jamaica and throughout the region, recorded a net loss of US$110 million for the April second quarter, due to the impact of COVID-19 on its
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Source: Stabroek News - Guyana's Most Trusted Newspaper
The conspiracy to defraud brought to light
The $400-million Manchester Municipal Corporation fraud trial ended on Friday, May 15, 2020 with the conviction of main accused 35-year-old Sanja Elliott, the corporation's former deputy superintendent of road and works; his wife, Tashagaye Elliott Goulbourne; two former employees of the
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Sponsored by Illinois Math and Science Academy
'Train Up a Child': North Carolina Father Goes Viral for Teaching 8-Year-Old Son Financial Literacy
Twenty-eight-year-old Kyren Gibson and his 8-year-old son, Kyng, have recently taken the internet by storm, thanks to a video in which Kyng flawlessly recites the definitions of financial terms that many often struggle to grasp even into
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Source: Visit Atlanta Black Star For African-American | Black News and Information
Sponsored by National Association of Asian American Professionals (NAAP) Boston Chapter
Lagos coronavirus: 3,093 cases; planned chloroquine trials
Total cases = 3,093
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Source: Africanews | Latest breaking news, daily news and African news from Africa
IDT rules in favour of BOJ in vacation leave dispute
The Industrial Disputes Tribunal (IDT) has sided with the Bank of Jamaica (BOJ) in a long-standing dispute with the Bustamante Industrial Trade Union (BITU) over a change in the bank’s vacation leave policy, over which the union has expressed strong
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Source: Jamaica Gleaner
Stimulus payment for 4 million Americans to arrive by prepaid debit card
DALLAS – Instead of direct deposit or even a paper check, four million people will find their stimulus payment arrive in the form of a prepaid debit
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Source: Dallas Post Tribune – Serving the Black community without fear or favor since 1947.
FID targets assets after five convicted in $400m Manchester municipal fraud trial
THE WAY is now clear for the Government to begin the legal process of seeking to take possession of properties and other assets valued at more than $220 million that have been traced to former Manchester Parish Council official Sanja
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Source: Jamaica Gleaner
Malawi: State Drops Charges Against 4 Suspected Reserve Bank of Malawi Fraud
The State has dropped criminal charges against four central bankers suspected to have connived with former Reserve Bank of Malawi (RBM) manager, Charles Ezra July Mchakulu and three others, to steal K340 million from the central
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Source: allAfrica.com
Helping the Hurting During COVID-19: A Conversation with Byna Elliott
What did my heart good was the data around our first set of 10,000 clients revealed 27 percent of the funding went to businesses in high minority communities and 22 percent were in low to moderate-income communities (LMI) that we know are traditionally
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Source: Michigan Chronicle - Powered by Real Times Media
Sponsored by Society of Hispanic Professional Engineers (SHPE) Boston Professional Chapter
Magic Johnson to Provide $100M in Capital to Fund PPP Small Business Loans
NBA legend turned social entrepreneur Magic Johnson has committed to providing $100 million in capital to fund small business loans through the SBA’s Paycheck Protection Program
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Source: La Focus Newspaper
Nigeria: Buhari Amends Executive Order On Offshore Assets Declaration
President Muhammadu Buhari has signed an amendment to the Executive Order 008 of 2018 on Voluntary Offshore Assets Regularisation Scheme
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Source: allAfrica.com
BODO: Kenya needs a much larger economic stimulus package
The kazi-kwa-vijana is a programme that largely fulfills John Keynes’ prophesy: in bad economic times, a government might as well bury banknotes in jars underground, then employ thousands of (young) people to dig them
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Source: Business Daily
COVID-19's Economic Fallout Is Hitting The Black Community Hard, Too
“Institutional racism and historical discrimination have meant that Black workers have fared worse in the labor market, even in good times,” said Elise Gould, a senior economist at the progressive Economic Policy Institute who co-authored a report this week looking at the devastating toll COVID-19
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Source: HuffPost - Breaking News, U.S. and World News | HuffPost-0
Federal Lawsuits Allege Systemic Bank Lending Biases In COVID-19 Small Business Relief Program
While this legal process unfolds, the Center for Responsible Lending (CRL) estimated that as many as 95 percent Black-owned businesses stood no chance of securing a program
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Source: The New Journal and Guide
Freedmen's Bank closed
Freedmens Bank closed. Black depositors had some $3 Million in the bank, which had an imposing headquarters in Washington and branches in various cities President Frederick Douglass said later that the Freedmens Bank had been the Black mans cow and the white mans milk.
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Source: Blackfacts.com
Sponsored by Center for Critical Race and Digital Studies
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Africa: First U.S. Representative to African Development Bank Supports AfDB President Adesina
Letter PDF
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Source: allAfrica.com
Silver lining for businesses in dark cloud of pandemic
John Gitonga, a second-hand clothes retailer at Nairobi’s Gikomba open-air market, says the virus has bitten off a chunk of his
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Source: Business Daily
Uganda: Soroti Hospital Stuck With Shs230m for Renovation
Mr Simon Kisabagirye, the principal hospital administrator, said they had planned to rehabilitate the medical ward (ward three) with a new roof but halted the process upon consultation with the municipal council
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Source: allAfrica.com
Nigeria: Buhari Vows Nigeria's Unflinching Support for Adesina
Abuja — President Muhammadu Buhari yesterday assured the embattled President of African Development Bank (AfDB), Dr. Akinwumi Adesina, of Nigeria's unwavering commitment to his second term
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Source: allAfrica.com
Uganda: Manufacturers Demand Radical Economic Reforms
Speaking during an online discussion, early this week, Mr Richard Mubiru, the Uganda Manufacturers Association (UMA) economic policy committee board member, said manufacturers are working at an optimum of about 30 per cent, which calls for radical revival
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Source: allAfrica.com
Nigeria: Buhari to Adesina - I'll Stand By You As I Did in 2015 Despite Your PDP-Govt Role
President Muhammadu Buhari says Nigeria will stand solidly behind Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank
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Source: allAfrica.com
Sponsored by Center for Critical Race and Digital Studies
Reality TV Star Charged With Bank Fraud Over Misuse of Paycheck Protection Funds
Maurice Fayne, who stars in Love & Hip Hop: Atlanta, has been arrested on federal bank fraud charges arising from a Paycheck Protection Program (“PPP”) loan that he obtained in the name of Flame
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Source: La Focus Newspaper
Sponsored by BARBinc
Manchester Fraud Trial | Former municipal officials found guilty, mom and teller freed
Sanja Elliott – conspiracy to defraud, obtaining money by false pretences, engaging in a transaction that involves criminal property, possession of criminal property and an act of
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Source: Jamaica Gleaner
On The Money: Protests highlight COVID-19's economic toll on African Americans | Senate confirms Trump watchdog for coronavirus funds | USTR launches probes into countries' digital taxes
THE BIG DEAL—Protests highlight COVID-19's economic toll on African Americans: Protests around the country over the deaths of George Floyd and other black Americans at the hands of police come as communities of color suffer staggering losses to the coronavirus pandemic and the economic crisis it
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Source: The Hill
Manufacturers hard hit as earnings drop
You would expect to find him bubbly and dusting his suit to attend a manufacturing industry sales party, now that the Covid-19 pandemic has taken away the cheap imports nightmare that has hurt the sector for
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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME
India, Bangladesh cyclone death toll hits 95
India and Bangladesh began a massive clean-up Thursday after the fiercest cyclone since 1999 killed at least 95 people, leaving a trail of destruction in its
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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME
Africa: Pres. Weah, Others Chat On Economic Interventions During COVID-19 At UBA Africa Day 2020
The series, in its second year, brought together African and World leaders to discuss 'Domestic policies, regional development, and possible threats facing Africa's Global achievement of the SDGs amidst the COVID-19 pandemic amongst
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Source: allAfrica.com
Sponsored by New York University
KRA takes Ndii to court in Sh2.8 million tax row
KRA takes Ndii to court in Sh2.8 million tax row
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Source: Business Daily
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Joe Biden 2020 for President Campaign Commits Major Ad Dollars to Black-Owned Media - New Orleans Data News Weekly
In 2020 Voting Is More Important Than Ever - New Orleans Data News Weekly
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