finance
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Netflix Invests $100 Million in Black-Led Financial Institutions
Netflix announces $100 million investment in Black-led banks to “help close the wealth gap.”
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UnitedMasters Launches Deal With Coinbase to Let Artists Get Paid in Cryptocurrency
Steve Stoute, UnitedMasters CEO, says that this deal puts musicians in the best position to benefit from the many changes in the financial sector.
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HBCUs Use Federal Funds to Cancel Students’ Debt
Eliminating Black students’ college debt can significantly narrow the racial wealth gap, and HBCUs are making plans to do just that.
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Is Student Loan Debt Hurting Black Homeownership? HUD Secretary Says Yep!
Marcia Fudge linked a decline in Black homeownership to student loan debt while touting HUD plans to remove barriers between Black people and mortgage lenders.
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Wilberforce University Cancels Student Debt for Graduating Class
Wilberforce University, an Ohio-based HBCU, announced on Saturday that it would cancel the student loan debt of the 2021 graduating classes. Damn, all my university gave me when I graduated was a flash drive. I mean yeah, I got a lot of mileage out of that flash drive, but still. According to CNN, university President…
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Black Woman Arrested After Charles Schwab Deposited $1.2 Million in Her Account and She Refused to Give It Back
Quavo took the Bentley back. Don’t act like you didn’t call him petty when you learned that after Saweetie broke up with one-third of the Migos and his petty-ass took the Bentley back from his then-boo. Well, keep that same energy. Charles Schwab & Co. reportedly deposited some $1.2 million into Kelyn Spadoni’s account and…



