Congressional Democrats on Thursday called for US President Joe Biden to order up to $50,000 of student loan cancellation. The proposal was led by Senate Majority Leader Chuck Schumer and Senator Eliz...
Warehousing is an intermediate stage in a collateralized debt obligation (CDO) that includes the purchase of loans or bonds that can serve as collateral in a CDO transaction. It is the accumulation an...
Billionaire, chairman and CEO of Vista Equity Partners Robert F. Smith is donating $50 million to the Student Freedom Initiative at Historically Black Colleges and Universities (HBCUs).The Student Fre...
Small-and medium-sized businesses in the United States have been some of the hardest-hit companies—especially black-owned businesses— since the wake of the coronavirus pandemic this year. Economic...
Every year, tens of billions of dollars are given in student loan, with several available student loan options, there is no doubt that some of them are scammers trying to get your money. While it coul...
Kodak shares plummeted almost 28% on Monday following an announcement made by a federal agency to suspend the $765 million loan that was supposed to be given to the former film company to produce COVI...
Despite the ongoing protest against racial injustice in the United States and the impact of the coronavirus pandemic on black-owned businesses, many black-owned small businesses are still finding it d...
When the coronavirus pandemic hit the United States, little did business owners and corporations know that it is going to have a drastic effect on their businesses and finances. In fact, the pandemic ...
On Tuesday, Well's Fargo reported that it would support the launch of the Black Business Fund to capitalize on seven CDFIs and award $13.5M grants to Expanding Black Business Credit (EBBC) initiative....
Credit: CNBC Video of United Airlines Layoff Plan On Wednesday, July 8, United Airlines (UAL) revealed its plan to continue with the laying off of airline workers as a result of t...