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Finances

(Photo by Mario Tama/Getty Images)

Feds' loan changes hamper black college enrollment

Brock Vergakis, Associated Press
ATLANTA (AP) - Thousands of students couldn't afford to go to college this school year because the U.S. Department of Education made changes to a popular loan program...
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John S. Wilson (courtesy of Morehouse College)

New Morehouse president to focus on 'character' and 'capital'

Kunbi Tinuoye
theGRIO REPORT - Dr. John S. Wilson Jr. has an outstanding resume. So much so he was headhunted after a rigorous nationwide search to take on the role as president of Morehouse College...
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The First AME Church is suing its former pastor and his wife, accusing them of financial mismanagement. For the first time, the pastor's wife Denise Hunter publicly denies the allegations against the couple. Angie Crouch reports from South LA for the NBC4 News at 6 p.m. on Jan. 11, 2013.

Black church sues ex-pastor, his wife

theGrio
VIDEO - Los Angeles’ most prominent black church, First AME Church is suing its former minister and his wife, along with seven trustees and employees of the church's non-profit arm, accusing them of financial mismanagement...
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Gary Dourdan attends the 'Mud' Premiere during the 65th Annual Cannes Film Festival at Palais des Festivals on May 26, 2012 in Cannes, France. (Photo by Andreas Rentz/Getty Images)

Ex-'CSI' star Gary Dourdan files for bankruptcy

Chris Witherspoon
theGRIO REPORT - Former CSI star Gary Dourdan seems to be in the midst of a financial crisis. According to TMZ the 45-year-old actor has filed for Chapter 11 bankruptcy...
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Toni Braxton

Filing for bankruptcy? Avoid Toni Braxton's alleged mistakes

Ann Brown, Madame Noire Business
Her recent "scandals" could actually happen to anyone if they don’t know the rules or they try to do a runaround the laws. If you are filing, check the bankruptcy laws in your state.
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Rep. Jesse Jackson, Jr., D-IL, speaks to reporters following a Democratic Caucus on August 1, 2011 at the US Capitol in Washington, DC. With time running out before the August 2 deadline to reach an agreement on the debt ceiling, Congress is working to strike a deal that would avoid a potential federal default next week. AFP PHOTO / Karen BLEIER (Photo credit should read KAREN BLEIER/AFP/Getty Images)

Was Jackson Jr. 'in da club' while convalescing?

theGrio
theGRIO REPORT - Embattled Congressman Jesse Jackson Jr., who is still under investigation for ethics violations, has now been accused of bar-hopping while he is supposed to be receiving treatment for severe depression...
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(AP Photo/Charles Dharapak, File)

Report: Feds looking at Jesse Jackson Jr.'s finances

theGrio
CHICAGO - Federal investigators are looking into possible inappropriate expenditures related to one of Rep. Jesse Jackson Jr.'s Congressional spending accounts, according to a published report...
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President Barack Obama (C) signs an executive order in the East Room of the White House February 26, 2010 in Washington, DC. Obama delivered remarks and signed an executive order for the White House Initiative on Historically Black Colleges and Universities during the event. (Photo by Win McNamee/Getty Images)

How will new HBCU money be managed?

David A. Love
theGRIO REPORT - With the collapse of Morris Brown College — due to financial mismanagement, corruption, financial aid theft and foreclosure—and the overall precarious fiscal state of HBCUs, some are wondering if these schools can be trusted to properly manage their finances...
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Detroit Mayor Dave Bing talks during an interview with the Associated Press in Detroit, Thursday, June 14, 2012. Bing says the Motor City is in the late portion of its comeback effort, down double digits and he has the ball. (AP Photo/Paul Sancya)

Mixed reaction to Michigan emergency manager ruling

Jay Scott Smith
DETROIT – With Friday’s 4-3 ruling by the Michigan Supreme Court that Public Act 4, the state’s controversial Emergency Manager law, would be up for a repeal vote on the November ballot and opponents of the law trumpeted it as a victory for democracy...
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George Zimmerman at trial. (AP image)

Judge wants to know more about Zimmerman finances

theGrio
SANFORD, Fla. (AP) - A judge is considering whether to raise or revoke the bond for George Zimmerman after his lawyer told the judge a website raised $200,000 for the defense...
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