Finance

Education Department cancels $5.8 billion in loan debt for Corinthian College students

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New law would allow 100% interest on payday loans; Louisiana governor vetoes what critics call a trap

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Without a will, heirs’ property attracts land-grabbing predators, but an ex-USDA worker is helping protect Black farms 

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Economy bigger priority than punishing Russia: AP-NORC poll

Americans are becoming less supportive of punishing Russia for invading Ukraine if it comes at the expense of the U.S.…
/ May 24, 2022

It’s more than the money: how debt-related stress affects body and mind

When you're in debt, it can impact other aspects of life including your physical and mental well-being say finance experts.
/ May 20, 2022
Lessie Benningfield Randle, Viola Fletcher, Hughes Van Ellis, theGrio.com

New York donors give $1M to Three Tulsa Race Massacre survivors

Business for Good co-founders say Viola Ford Fletcher, Lessie Benningfield Randle and will share the donation.
/ May 18, 2022

How will rising interest rates and inflation impact the wallets of Black Americans?

The Federal Reserve's latest move will cause interest rates to rise for credit cards, some student loans, new home mortgages…
/ May 10, 2022

Food banks, community gardens help Black families cope with inflation 

The highest inflation rise since 1981 comes on the heels of the COVID-19 pandemic, which has killed tens of thousands…
/ May 10, 2022

Anti-discriminatory bank law getting update to address harm of redlining

The three major U.S. banking regulators said they plan to rewrite outdated regulations and encourage lending to poor and racial…
/ May 6, 2022

What’s that Fed hike mean for you? Higher credit card interest, pricey car loans, expensive mortgages

The half-point short-term rate hike that the Federal Reserve announced could produce much higher borrowing costs for households.
/ May 5, 2022
Evanston Reparations Committee

Illinois residents receive $25K grants for housing reparations

The 16 reparations recipients in Evanston chose between mortgage payment assistance, upgrades to their homes, and buying one.
/ May 4, 2022

Fed to fight inflation with fastest rate hikes in decades

The Federal Reserve hopes to slow the highest inflation in 40 years by making it more expensive to borrow money.
/ May 2, 2022

Investors threaten homeownership in Black Orlando neighborhoods, residents say

Home prices in metro Orlando are said to be on the rise after real estate investors purchased nearly half of…
/ April 29, 2022

Minnesota’s first Black-owned bank opens in Minneapolis 

Detroit-based First Independence Bank plans to address Minnesota's racial disparities in income and wealth. 
/ April 27, 2022
Wes Felix and Allyson Felix theGrio.com

Allyson Felix’s brand Saysh just secured a major investment

The lifestyle brand founded by Allyson Felix and brother Wes Felix garnered millions in series A financing led by a…
/ April 27, 2022