Obama Scrambles To Revive Economic Optimism
WASHINGTON (AP) — President Barack Obama is seeking to reassure voters he’s determined to create jobs while his administration is trying to protect an architect of the increasingly unpopular banking...
View ArticleECB President: Greece Must Put Finances In Order, EU
BERLIN (AP) — Greece and other euro-zone countries with excessive budget deficits must do everything they can to put their finances in order, the president of the European Central Bank said in an...
View ArticleTax The Rich? Ore. Voters Scratching Their Ballots
PORTLAND, Ore. (AP) — If any Americans are willing to fork over more to state governments in 2010, it might just be those of Oregon, where voters are deciding the fate of two proposed tax increases...
View ArticleObama Endorses Task Force To Battle Deficits
WASHINGTON (AP) — President Barack Obama has endorsed a bipartisan plan to name a special task force charged with coming up with a plan to curb the spiraling budget deficit. The bipartisan 18-member...
View ArticleBank Of China To Sell Up To $5.8 Billion In Bonds
BEIJING (AP) — Bank of China plans to sell up to 40 billion yuan ($5.8 billion) in bonds to replenish its capital and meet government standards following a record surge in lending last year amid...
View ArticleIran Budgets For $60 Price For Crude Oil
TEHRAN, Iran (AP) — Iranian President Mahmoud Ahmadinejad on Sunday presented to parliament a large annual budget of $368 billion based on an oil price of $60 per barrel, nearly double the price from...
View ArticleAxelrod: Obama’s State Of Union To Focus On Jobs
WASHINGTON (AP) — President Barack Obama’s chief political adviser says the president will focus on job-creating plans in his State of the Union address Wednesday night. Strategist David Axelrod says...
View ArticleObama On Banks: A Bit Pragmatic Amid The Populism
WASHINGTON (AP) — President Barack Obama is pressing an overhaul of Wall Street regulations with a push-and-pull strategy — reasserting his desire for a consumer agency that Republicans despise while...
View ArticleGas Prices Slow To Follow Oil Lower
When oil prices jumped last month, retail prices were slow to follow. Now that crude prices are tumbling, the same thing is happening in the opposite direction. Gasoline prices have fallen less than a...
View ArticleTop Senate Democrat Lays Out Deficit Curbs
WASHINGTON (AP) — The top Senate Democrat wants to make it more difficult to run up the deficit with new tax cuts or expansions of federal benefit programs. Majority Leader Harry Reid’s plan would make...
View ArticleH&R Block, Yodlee Team To Create Tax Prep App
NEW YORK (AP) — Tax preparation company H&R Block Inc. and personal finance management application developer Yodlee Inc. on Wednesday said they are teaming up to make it easier to use online data...
View ArticleCardinal Financial 4th-qtr Earnings Nearly Double
TYSON CORNER, Va. (AP) — Cardinal Financial Corp., a financial holding company, said Wednesday that its fourth-quarter earnings nearly doubled as its interest income rose along with income from fees...
View ArticleLawmakers Upset Over Obama’s 2nd Anti-Vegas Remark
LAS VEGAS (AP) — Nevada lawmakers lashed out at President Barack Obama on Tuesday after he made another reference to Las Vegas while explaining how people should make tough choices on spending. The...
View ArticleOil Falls On Bernanke Stimulus Exit Plan
NEW YORK (AP) — Energy prices fell as the dollar rose after Federal Reserve Chairman Ben Bernanke mapped out a plan for pulling in government stimulus money when the economy recovers. Bernanke said the...
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Let’s Talk About Money
If there’s one thing magazine editors love—more than writing and creating content—it’s talking. Whether it’s here in the hallways of Black Enterprise debating the latest news events or huddled around a...
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Test Your Financial IQ!
It’s no secret that the Great Recession has changed life in America. Americans have faced a meltdown in household wealth, diminished retirement expectations, and dwindling home values, among other...
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6 Common Lies Debt Collectors Will Tell You
(Image: Thinkstock) If you’ve ever had to deal with debt collectors, you know that many of them can be extremely persistent, rude and even downright obnoxious. But how do you know if a debt collector...
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Financial Advice for 2011 College Graduates (Beyond ‘Get a Job!’)
If you or your child has just graduated from college, your number one goal may be getting a j-o-b. Of course, that’s a lot easier said than done, with unemployment rate around 9% and even higher–a...
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7 Money Lessons Teens Learned from the Recession
You’ve probably talked to your teens about money management numerous times. And you’ve probably felt they just didn’t get it. Well, a new study shows the Great Recession turned out to be teens’ most...
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Will the Consumer Financial Protection Bureau Do Any Good?
On July 21, 2011, consumers will officially have a new watchdog in the form of the Consumer Financial Protection Bureau. This development was the result of consumer advocates making their case for an...
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