finance

Roland Martin Discusses New Digital Show #RolandMartinUnfiltered

Award-winning journalist, author, TV host and multimedia entrepreneur Roland S. Martin will launch #RolandMartinUnfiltered, a daily digital show, on Tuesday, September 4, 2018. The show will report on news and current events that are important to people of color, covering a wide range of topics including politics, social justice, sports, education, business, finance, entertainment and pop culture.

Supplier Success Appoints Glenda Gill as Vice President

In her new role, Gill will work with diverse suppliers to connect them to low-cost capital, in addition to directing Supplier Success’ philanthropic efforts. Supplier Success has pledged to allocate 80% of its profits to projects that benefit the public good.

Civil Rights, Consumer Advocates Call for End to Discriminatory Auto Loans

In recent months, this column has reported on a series of settlements reached between banks and finance companies with the Consumer Financial Protection Bureau and the Department of Justice. All of the actions were taken to resolve claims of discrimination in auto lending. To date, over $200 million in fines and restitution have been made to car buyers of color who paid higher interest rates than white borrowers – a violation of the Equal Credit Opportunity Act. Additionally and as a condition of the settlements, defendants were required to change their lending practices by significantly reducing the amount of additional

Gaps in Teacher Effectiveness Hurt Young, Minority Students

Minority and low-income students are less likely to have consistent access to effective teachers between preschool and the third grade than students from high-income households, according to a new report by the Center for American Progress (CAP), a Washington, D.C-based think tank. Rachel Herzfeldt-Kamprath, a researcher at CAP and a co-author of the report said that research on brain development shows that kids are learning a lot during that time period and gaining foundational skills that they build on throughout the rest of their academic careers. “So, having continuity across that time period is really important so that the skills

ESPN Personality Gives Back to Alma Mater, Winston-Salem State

Stephen A. Smith, co-host of ESPN show “First Take” has committed to donate $50,000 every year for five years to his Alma Mater, Winston-Salem State University (WSSU), according to the Winston-Salem Journal. Smith made this commitment during the WSSU fundraiser breakfast, 400 people attended the event and the university raised $33,000 from the breakfast. Winston-Salem is a historically black college (HBCU) that was founded in 1892. Smith attended on a basketball scholarship, though injuries hindered his playing time, and graduated from the university in 1991. His service to the university made Smith a member of the Big House Gaines Hall