Today, National Bankers Association (NBA) President & CEO Nicole Elam Esq. and Chairman Robert James II released the following statement regarding Silicon Valley Bank (SVB) and Signature Bank. “In light of recent industry events, the National Bankers Association wants to assure consumers that your money is safe with minority banks. Minority depository institutions are very […]
Category: Afro Briefs
Posted inNational News
Two U.S. banks collapse within week
By Tashi McQueen, AFRO Political Writer, tmcqueen@afro.com Two significant financial institutions, Silicon Valley Bank (SVB) and Signature Bank, failed to weather a run on its assets over a five-day period beginning March 8 causing them to be abruptly shut down by state and federal officials. President Biden responded to the crisis quickly in the morning […]
Posted inHealth
Let’s take the mystery out of menopause
By: Mylika Scatliffe, AFRO Women’s Health Writer There is a lot about menopause that is mysterious, but it doesn’t have to be a mystery. Most of the time when the average American thinks about menopause, they conjure images of a woman experiencing vasomotor symptoms of the condition – the hot flashes and the night sweats. […]
Posted inBaltimore News
50th Annual ‘Night in Kappa Vegas’ Gala held at Martin’s West
By AFRO Staff, Photos by Aaron McNeil Photography The Kappa Alpha Psi Foundation of Metropolitan Baltimore (KAPFMB) and the Baltimore Alumni Chapter of Kappa Alpha Psi Fraternity recently held the 50th Annual Night in Kappa Vegas Gala fundraising event. The men packed out Martin’s West in Baltimore with more than 1400 guests who joined them […]
Posted inBaltimore News
Increase in youth violence leaves young people across the nation in grief
By Aria Brent, AFRO Staff Standing over the body of Deanta Dorsey, shot and killed on Jan. 4 in Baltimore, the friends he made in his short lifetime could only weep. Roughly a dozen children held each other up at his casket as the true tragedy of the teen’s death came into sharp focus: these […]
Posted inNational News
After Breonna Taylor shooting, feds find police discrimination
by Dylan Lovan, The Associated Press The U.S. Justice Department found Louisville police have engaged in a pattern of violating constitutional rights and discrimination against the Black community following an investigation prompted by the fatal police shooting of Breonna Taylor. Attorney General Merrick Garland made the announcement Wednesday. A Justice Department report found the Louisville/Jefferson […]
Posted inNational News
State governments key in supporting undocumented immigrants during COVID-19 pandemic
By Megan Sayles, AFRO Business Writer, msayles@afro.com When the COVID-19 pandemic began to hinder employment in the U.S., the federal government worked quickly to roll out financial relief programs and expand unemployment benefits for Americans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But, families who live in the U.S. illegally were omitted […]
Posted inWord In Black
We aren’t worrying enough about declining student literacy
By Maya Pottiger, Word in Black Doomscrolling, or the habit of skimming through consecutive depressing news stories for extended lengths of time, has become something of a national pastime — and it’s easy to tune it all out or wonder if things really are as bad as they seem. But when it comes to student […]
Posted inNational News
Survivors of deadly Mexico kidnapping being treated at Texas hospital
By Alfredo Peña, Fabiola Sánchez and Travis Loller, The Associated Press A road trip to Mexico for cosmetic surgery veered violently off course when four Americans were caught in a drug cartel shootout, leaving two dead and two held captive for days in a remote region of the Gulf coast before they were rescued from […]
Posted inAfro Briefs
Exxon Mobil sued as 5 nooses displayed at Louisiana facility
By The Associated Press Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman’s nooses were displayed at its facility in Baton Rouge, Louisiana, the U.S. government said in a lawsuit. According to the government, in January 2020, a Black employee found a hangman’s noose at his worksite at the […]
Posted inBUSINESS
Financial Literacy 101: getting your credit back on track
By Megan Sayles, AFRO Business Writer, msayles@afro.com After three decades of financial industry work, Heather Philp, senior vice president of credit card product management at Wells Fargo Bank, has seen it all. While some things in the finance industry have changed– many things stay the same. Financial literacy will always be key to effectively managing […]
Posted inAfro Briefs
2 kidnapped Americans found dead in Mexico, 2 others alive
By The Associated Press MEXICO CITY (AP) — Two of four Americans abducted in Mexico last week when their van was caught in a shootout were found dead, a top Mexican official said Tuesday. The two others have been found alive, with one wounded. Tamaulipas Gov. Américo Villarreal did not provide details on the extent […]
