investing

WATCH: Black Money Matters Ep.1

Financial Wisdom coming from Special Guest Diedra Porche, Managing Director at JP Morgan Chase’s Market Leadership Team, Los Angeles . Hosted by Danny Bakewell Jr., EVP of the Los Angeles Sentinel & LA Watts Times.

Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

The Community Reinvestment Act was enacted in 1977 as a direct response to redlining, an unethical practice whereby banks and other lending institutions made it extremely difficult, if not impossible, for residents of poor, inner-city communities to borrow money, get a mortgage, take out insurance or access other financial services. Redlining did not take into consideration an individual’s qualifications or creditworthiness.

Weather Channel Has New Boss in Byron Allen, purchases network for $300 million

  The comedian and media mogul purchased the weather programming network recently.   Well, it’s turning out to be one of the biggest “who knew” questions of the year when it comes to comedian Byron Allen. Bet you didn’t know that besides making people laugh for years, he’s also an entrepreneur, media mogul and the CEO of his own company, Entertainment Studios, Inc. Founded by Allen in 1993, Entertainment Studios is a global media production and distribution company with 8 HD networks, dozens of syndicated shows, over 5,000 hours of HD programming, a film distribution company, a podcast network, and

Making the Case for Investing in HBCUs

UNCF’s iconic, “A Mind is a Terrible Thing to Waste,” advertising campaign remains the gold-standard for shining light on the urgency of investing in Black colleges and universities.