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Money

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Detroit may go broke by June 15

Jay Scott Smith
theGRIO REPORT - The city of Detroit will run out of money by June 15 if a lawsuit challenging the validity of the consent agreement the city signed with the state of Michigan in April is not withdrawn...
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FREMONT, CA - MAY 31: Repubican presidential candidate and former Massachusetts Gov. Mitt Romney and with his senior advisor Eric Fehrnstrom (L) walk off a bus before speaking to reporters outside the shuttered Solyndra solar power company's manufacturing facility May 31, 2012 in Fremont, California. The company filed for bankruptcy in 2011 after receiving $535 million in federal loan money. (Photo by Justin Sullivan/Getty Images)

Romney outraises Obama in May

Perry Bacon Jr.
ANALYSIS - The news that Mitt Romney raised more money than President Obama over the last month is the latest in a series of recent challenges for Obama's reelection and another illustration this campaign will be much more difficult than his 2008 contest against John McCain.
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The powerball jackpot is $164 million dollars.  (Photo by Tim Boyle/Getty Images)

Atlanta Powerball jackpot jumps to $164 million

theGrio
If you live in the Atlanta area and you're thinking about playing the lottery, make sure to choose your Powerball number....
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Karl Rove, far left, is a key strategist behind a network of groups who are trying to defeat President Obama. (Photo by Tom Pennington/Getty Images)

Obama's $1 billion problem

theGrio
theGRIO REPORT - Conservative groups, including a network of political groups advised by former Bush strategist Karl Rove, could raise more than $1 billion to take on President Obama and congressional Democrats, Politico reported on Wednesday...
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Running back Jamal Lewis is just the latest pro sports great to file for bankruptcy in the face of financial woes. (Photo by Kevin Terrell/Getty Images)

Broke and bankrupt black athletes

Marquise Francis
SLIDESHOW - Former Super Bowl winning running back Jamal Lewis, formerly of the Baltimore Ravens, has joined a growing list of black professional athletes who have filed for bankruptcy on their way to being broke. ...
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LOUISVILLE, KY - MAY 05:  Singer Mary J. Blige attends the 138th Kentucky Derby at Churchill Downs on May 5, 2012 in Louisville, Kentucky.  (Photo by Michael Loccisano/Getty Images)

Mary J. Blige charity sham exposed

theGrio
Mary J. Blige promised to empower women with her Charity. Instead she has back taxes a default bank loan and she hasn't paid the musicians...
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British Prime Minister David Cameron (L) shakes hands with Mayor of Newark, Cory Booker at  City Hall on March 15, 2012 in Newark, New Jersey. British Prime Minister David Cameron visited Newark on the final day of his three day visit to the United States.  (Photo by John Moore/Getty Images)

Are Booker, black Dems too influenced by big money?

James Braxton Peterson
OPINION - While much of the attention is on the conservative side, we cannot lose sight of the fact that money makes moves in politics on both sides of the aisle...
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Sean Combs attend the 'Lawless' Premiere during the 65th Annual Cannes Film Festival

Man tweets Diddy 'pay your bills'

Dominique Zonyéé
theGRIO REPORT - Diddy tweeted that he would spend $2 million at a strip club, but a former employee says pay me instead...
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Oprah Winfrey attends the Spelman College Commencement at Georgia International Convention Center on May 20, 2012 in College Park Ga.  (Photo by Rick Diamond/Getty Images)

Oprah gives $10,000 to City Council candidate

Dominique Zonyéé
theGRIO REPORT - Michael Tubbs, 21, was shocked to receive a check for $10,000 from Oprah Winfrey. Tubbs met Winfrey when she visited Stanford University in April and had the opportunity to chat with her about his plans to for City Council of his hometown in Stockton, California...
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George Lucas' new adventure: Affordable housing

Demetria Irwin
theGRIO REPORT - Legendary film maker George Lucas' latest weapon isn't a sleek lightsaber or a blast of Force lightning, but rather, affordable housing...
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