OECD countries log worst quarterly contraction in GDP since the financial crisis

Among the “major seven” member states, France and Italy, which both implemented stringent coronavirus lockdown measures in the first quarter, saw the most significant damage to GDP. US Top News and Analysis COMMUNITY NEWS UPDATE: Click today to request your … Read more…

5.20.20 Getting debt relief from financial institutions is hard right now; Second home communities will hurt for a while

The phone lines could be tied up at your bank or lender as MANY people are seeking relief. Clark tells you what to do. Second home communities will likely have a tough time for a while. Prices will likely go … Read more…

How Dasha Kennedy, Founder Of The Broke Black Girl, Turned Her Money Woes Into A Chance To Teach 65,000 Black Women About Financial Literacy

Source: McArthur25 Photography / McArthur25 Photography For some people, it’s in some of the hardest of times that they can find their greatest inspiration. Take financial coach Dasha Kennedy for example. A few years ago, the 32-year-old St. Louis native … Read more…

How Dasha Kennedy, Founder Of The Broke Black Girl, Turned Her Money Woes Into A Chance To Teach 65,000 Black Women About Financial Literacy

Source: McArthur25 Photography / McArthur25 Photography For some people, it’s in some of the hardest of times that they can find their greatest inspiration. Take financial coach Dasha Kennedy for example. A few years ago, the 32-year-old St. Louis native … Read more…

Kaiser Foundation Health Plan and Hospitals Q1 2020 financial update

PRESS RELEASE Contact: Marc Brown marc.t.brown@kp.org 510-271-6328 Kaiser Permanente’s mission is to provide high-quality, affordable health care services and to improve the health of its members and communities it serves. As a nonprofit health care system, Kaiser Foundation Health Plan, … Read more…

Financial Times reporter resigns after accusations of spying on rivals’ Zoom calls

A Financial Times reporter has resigned after he was accused of eavesdropping on Zoom calls at rival UK newspapers in which executives revealed layoff plans to staffers. Mark Di Stefano had been suspended earlier in the week when London’s The … Read more…

Indigenous tourism companies are calling on Ottawa for more financial relief | Your Morning

Your Morning SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating … Read more…

MSC Industrial Suspends Quarterly Financial Guidance Amid COVID-19 – Quick Facts

While reporting financial results for the second quarter on Wednesday, MSC Industrial Supply Co. (MSM) said it will not be providing its quarterly financial guidance until the period of heightened uncertainty passes amid the ongoing coronavirus (COVID-19) pandemic. RTT – … Read more…

Asian consumers expect a 6-month financial hit from coronavirus, but are still spending on these things

Asian consumers are tightening their belts as they prepare for a coronavirus-induced hit to their finances. But growing confidence in China suggests there could be light at the end of the tunnel, according to a new study. Wealth SPECIAL NEWS … Read more…

Setu raises $15M to help developers connect with banks to offer Indians 'sachet-sized' financial products

India’s push to digital payments in the last three years has seen tens of millions of people get comfortable with exchanging money online for the first time. Setu, a two-year-old startup, said on Wednesday that it has raised $ 15 … Read more…

New Report: If Financial Inclusion For Black Americans Was Fully Achieved, Financial Services Firms Could Collect An Extra $60 Billion In Annual Revenue

The nation’s financial services industry could collect tens of billions of dollars in extra annual revenue if black Americans had access to the sector’s entire products and services. That revelation came from The Case for Accelerating Financial Inclusion in Black … Read more…

Trump floats payroll tax cut, other financial relief amid coronavirus outbreak

President Donald Trump on Monday said he will be meeting with Senate and House Republicans on Tuesday to discuss “a possible tax relief measure” that would provide “a timely and effective response to the coronavirus.” Health and Science U.S.HEALTHCARE UPDATE: … Read more…

Laker Anthony Davis partners with First Entertainment to teach community financial literacy

Pending. An official ambassador for a brand that aligns with his goals and ambitions? Check. Davis is partnering with First Entertainment Credit Union as part of an overall partnership between the … news entertainment – BingNews BEST ENTERTAINMENT UPDATE:

Singapore has the financial buffer to help the economy if virus outbreak drags on, minister says

The Singapore government has set aside 5.6 billion Singapore dollars ($ 4.02 billion) to help businesses, workers and households weather the economic hit from the spread of the new coronavirus called COVID-19. Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS UPDATE: … Read more…

YouTuber Jake Paul Launches Entrepreneur How-To Platform, Financial Freedom Movement

YouTuber Jake Paul wants you to be financially free, for $ 19.99 a month.  At a rally on Saturday, the content creator — along with influencer friends and around 50 teenage and tween-age fans, some chaperoned by parents — launched … Read more…

Tesla acknowledges ‘health epidemics’ as new risk in financial filing amid coronavirus outbreak

After estimating that the novel coronavirus (COVID-19) outbreak in China would only cause their business a week-and-a-half production delay, Tesla now acknowledges “health epidemics” as a material risk in their annual financial filing. Tech BEST DEAL UPDATE:

2019 financial results for Kaiser Foundation Health Plan, Hospitals

PRESS RELEASE Contact: Marc Brown marc.t.brown@kp.org 510-271-6328 OAKLAND, Calif. — Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their respective subsidiaries (KFHP/H) reported 2019 annual financial results. Total operating revenues for 2019 were $ 84.5 billion, compared to $ 79.7 … Read more…

Lessons learned by Virtuo’s CEO from launching his first business in the financial crisis

Karim Kaddoura, CEO of car rental app Virtuo, talked to CNBC about what he learned from setting up his first business, Neowebcar, during the financial crisis. BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Father and Son’s Financial Literacy Curriculum Teaches Black Youth to Invest in the Stock Market

A financial literacy curriculum designed by a father-son duo is helping students at one high school learn how to invest in the stock market. Virginia esquire Kevon L. Chisolm and his 11-year-old son, Kamari Chisolm, announced the launch of Black … Read more…

‘You don’t just build a bank overnight’: Banking start-up Starling is taking financial services by storm

Digital-only bank Starling is being watched by some of the biggest banks – and they’ll probably try to copy its model, according to CEO Anne Boden. Small Business BEST DEAL UPDATE: A way to Pay off Credit Cards

New Report Shows There’s an African American Financial Literacy Gap

The TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) released a new report documenting a financial literacy gap among African American adults. The TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) provides a barometer of U.S. adults’ readiness to make sound financial … Read more…

IMF says trade war will cut global growth to lowest since financial crisis a decade ago

The U.S.-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on Tuesday. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Beto O’Rourke quits presidential race amid financial strains and lagging popularity

The former congressman from Texas shone in a 2018 Senate race in Texas but was unable to carry his fundraising prowess and campaign swagger into the presidential contest. Politics SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

London Will Remain Financial Center of Europe Despite Brexit, Tikehau’s Chabran Says

Bloomberg Markets and Finance SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet … Read more…

President Trump’s “tweet here, or a tweet there” is no way to treat financial markets says Christ…

60 Minutes SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating … Read more…

Amid trade war, China moves to remove limits on foreign ownership in the financial industry

Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities. World News & Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…

Financial Guru Dr. Lynn Richardson Shares Money Tips for Generational Wealth

If you’re interested in creating generational wealth, you’ve probably heard of Dr. Lynn Richardson. She’s a financial guru, ordained minister, and best-selling author of financial self-help books.   Richardson has also been featured on The Steve Harvey Show as a … Read more…

Rap Competition Offering $1,000 Prize to Boost Financial Literacy of Young African Americans

Do you have rap lyrics strong enough to inspire others to invest in stocks and win a cool grand? Find out by entering Stock Market Tracks, a new investing-themed rap competition geared to boost the financial literacy of young African … Read more…

Judge says Deutsche Bank, Capital One can give Trump financial records to House Democrats

Deutsche Bank and Capitol One can turn over financial documents related to President Donald Trump and his businesses in response to subpoenas from House Democrats, a judge said. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your … Read more…

Medical Financial Hardship: Estimated 137 Million Americans Struggling | NBC Nightly News

NBC News SPECIAL NEWS BULLETIN: http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release … Read more…

Trump sues in bid to block congressional subpoena of financial records

In a federal filing, the president claimed the House Oversight Committee is abusing its powers to damage him politically. Politics SPECIAL NEWS BULLETIN: http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and … Read more…

Don’t Let Just Anyone Handle Your Money: Use Caution When Choosing a Financial Adviser

African Americans may do well to check out a financial adviser’s credentials thoroughly before hiring one to manage their investments. New data shows what you need to know before choosing a financial adviser. Some 48% of Americans mistakenly believe all … Read more…

Federal ethics agency refuses to certify financial disclosure from Commerce Secretary Wilbur Ross

The government's top ethics watchdog refused to certify a financial disclosure report from Commerce Secretary Wilbur Ross, it was disclosed Tuesday. Politics BEST DEAL UPDATE: Save 50% Today! Get 24/7 Access to Your Credit Scores & Reports with TransUnion

4 Ways to Help Loved Ones Dealing with Financial Hardships

After experiencing the longest government shutdown in history, many federal workers and contractors who experienced financial hardships are still trying to recover. The government shutdown tested people’s financial preparedness, and many unfortunately failed. Also, with another possible shutdown looming, many … Read more…

Your Money, Your Life: Episode 5 – ‘Biggest Threat to Financial Wellness’ with Ash Cash

Too much debt is the biggest threat to financial wellness. Financial motivator Ash “Cash” Exantus, co-founder and CEO of MindRight Money Management, explains why your mindset and lifestyle determines how you manage debt, and offers valuable actions you can take … Read more…

“Budgetnista” Helps Create Financial Literacy Law for Kids in New Jersey

Last Thursday, acting New Jersey governor Sheila Oliver signed a new law requiring financial literacy education for New Jersey’s middle school students. New Jersey assembly woman Angela V. McKnignt and personal finance expert Tiffany “The Budgetnista” Aliche were both key … Read more…

If you are suffering from ‘stress brain,’ you might be making some bad financial decisions

To safeguard or drive financial portfolio gains, it's key to pay attention to how stress caused by everyday life affects our financial decision-making. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

Your Money, Your Life: Episode 1 – “Achieving Financial Freedom and Leaving A Financial Legacy”

“Your Money, Your Life” is our new money podcast sponsored by Prudential. Black Enterprise’s own Alfred Edmond Jr. hosts this special series with a lineup of great guests including The Breakfast Club’s Angela Yee; DeForest B. Soaries Jr., Founder of … Read more…

Trump claims he has ‘no financial interests in Saudi Arabia’ — but he makes lots of money from it

President Donald Trump's new tweet denying a financial stake in Saudi Arabia comes amid a growing furor over suspicions that the country's rulers ordered the killing of Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul. Real Estate BEST … Read more…

Trade tensions could trigger another global financial crisis, but investors appear complacent: IMF

The International Monetary Fund warned on Wednesday that "a further escalation of trade tensions, as well as rising geopolitical risks and policy uncertainty in major economies, could lead to a sudden deterioration in risk sentiment." Top News & Analysis COMMUNITY … Read more…