Business

CFPB Makes Move to Support Payday Lenders During Black History Month

When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas […]

Opinions

Trump Double talking at the second state of the Union Address

      For over eighty minutes, President Trump preached to the American public and legislators with lofty words, which made you think, that he is a leader with integrity. Our president has made some mistakes, but based on his second State of the Union Address, he has seen the light. He now believes by working with a bipartisan collaborative team, the divisions in the country will suddenly disappear. […]

National News

Why the New York City Council Proposal to Ban Menthol Cigarettes is wrong

     Seventy-eight percent of the cigarettes consumed in the Black community are menthol-flavored. As the selling of menthol products become prohibited within Black communities, do we honestly believe that people will stop smoking them? It doesn’t take the brilliance of Albert Einstein to recognize the financial opportunity of smuggling in a new supply of menthol products from another state or country. The perfect smuggling model is already in place that of smuggling lower-taxed cigarettes. […]

National News

Black Chronicle re-issued for Historic 400 year celebration

Ben Wilson’s Black Chronicle Book I 1778-1956, a Black history publication whose time has come, will be re-issued for the yearlong 400-year celebration of African American history beginning in January of 2019. HR1242, a bill signed into law in 2018 honoring this celebration, will also honor the many contributions made by African Americans to the building of the USA, despite Chattel Slavery, Jim Crow and 2nd class citizenship. […]

Advice

First African-American chemistry Ph.D. honored with landmark during Black History Month

St. Elmo Brady, the first African American to earn a Ph.D. in chemistry, is being honored by the American Chemical Society (ACS) with a National Historic Chemical Landmark. The designation will be celebrated on Feb. 5 at the University of Illinois at Urbana-Champaign, which awarded Brady his doctorate in 1916. The event coincides with February’s Black History Month.  […]