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African American Wealth Gap Quadruples

African American Wealth Gap Quadruples

The wealth gap between white and African-American families has increased more than four times between 1984-2007, according to a new study. In addition, middle-income white households now have far more wealth than high-income African Americans.

2010 Entrepreneurs Conference: Get Money!

There is one thing that the Black Enterprise Entrepreneurs Conference + Expo will not be short on and that is potential business owners hoping to find capital to start or...

Rewriting the Financial Playbook

Malcolm Johnson has had a good handle on his money since retiring seven years ago from professional football. The former wide receiver’s NFL career spanned three years with the New York Jets, Cincinnati Bengals, and Pittsburgh Steelers, and one year with the Ottawa Renegades of the Canadian Football League. Johnson, 32, wasn’t a top earner, but he made about $250,000 per season to play the game he loved. Upon leaving professional sports, Johnson’s severance was a lump sum of $30,000.

Cutting Edge: 9 Tweeters for the Cost-Conscious

I like to consider myself a connoisseur of “free.” Not just of free, but of the bargain, the discount, all things low cost and - let’s not forget the ultimate in free-ocity - the giveaway.

Cutting Edge: Beware of Selling Your Investment

It was the final semester of my senior year in college and I was in the midst of trying to nail down a job when I received a surprise letter from the IRS (dun-dun-DUNNN!). Apparently, I owed Uncle Sam about $400.

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