Black business leaders win big with explosive growth in SPACs
Jarvis Stewart admits he knew only a little about Special Purpose Acquisition Companies (SPACS). While SPACS have been the rage on Wall Street in recent years, Stewart’s exposure to the financial markets was gained mainly through his longtime friends, which include Christopher Williams, Chairman of Siebert Williams Shank & Co., one of America’s largest minority-owned investment banks and Daniel Black, Managing Partner, The Wicks Group, a New York-based private equity firm. So, when he received a call just a year ago from an old client, a Canadian CEO
NBA Star Chris Paul Launches Month-Long Initiative to Draft One Million Kids Into a Path of Financial Freedom and Generational Wealth.
NBA Star Chris Paul and Goalsetter, a Black-owned kids and family finance app that provides a next-generation, education-first banking experience for U.S. kids and teens, today announced a full-court press initiative to “draft” 1 Million Black and Brown kids to become the next generation of savers and investors, kicking off during Black History Month. The initial round of the “Drafted” campaign will tip off on February 1 with NBA star and NBPA president Chris Paul “drafting” 100 kids who participate in his Club 61 Leadership Alliance from his
Biden supports releasing the Harriet Tubman $20 bill ASAP
By Roz Edward The newly installed Biden-Harris administration is looking for “ways to speed” the release of $20 bills featuring Tubman. The historic currency change would have been a huge boost to recognizing and celebrating the achievement of African Americans, in June of 2019, Trump administration dashed the hopes of millions when racially divisive and demeaning forces went to work in that doomed administration to squash the releasing the much-anticipated Harriet Tubman $20 bill. Trump era Treasury Secretary Steve Mnuchin announced then that the administration was delaying the release of
Money: Top Tips for Organized Tax Filing
(StatePoint) 2020 was a particularly stressful year — but filing its taxes doesn’t need to be. With the following tips, you can stay organized and cool-headed throughout the process. File Early File early so you check this major to-do off your list and relax. The good news is that the sooner you file, the better. This is true no matter what your circumstances are. If you owe money, you’ll have that much more time to plan your payment. If you’re due for a refund, filing sooner means you’ll have
Help your kids get financially fit in the new year
By Kavita Kamdar | Head, Chase First Banking, Atlanta Voice Multiple studies have shown that the earlier kids develop healthy money habits, the better our prospects of having strong financial health into adulthood. According to research, we start grasping money basics when we are 3. This gives us a great opportunity to introduce conversations about ways to save, think about spending, and the value of money early in our kids’ lives. It used to be that children learned about money when shopping out with parents, but as more transactions happen
How to invest with confidence
by Damon Carr You panic when there’s news of a down market. You assume that your investment portfolio is doing well when there’s news of a thriving economy. You may be one of those people that shy away from investing or you invest ultra conservatively because you’re afraid that you’ll lose all your hard-earned money. You may be one of those people who hired an investment advisor and hope that the advisor is leading you in the right direction. I’m not going to give you a hot stock tip.
See your lifetime earnings with My Social Security
Did you know you can see your work history online all the way back to your first job? Your earnings history is a record of your progress toward your Social Security benefits. Social Security keeps track of your earnings so they can pay you the benefits you’ve earned over your lifetime. This is why reviewing your Social Security earnings record is so important. If an employer didn’t properly report just one year of your earnings to us, your future benefit payments could be less than they should be.