By Russell GloorAMAC and AMAC Foundation Dear Rusty: I am a woman, turning 65 this October (2025). It seems that deciding when to claim Social Security is complicated. I would like more information to navigate through this maze. Thank you. Signed, Ready to Claim Dear Ready: Deciding when to claim Social Security can be challenging, […]
Category: Money
Bank of America hosts three-day financial literacy event in West Baltimore
Bank of America recently held a three-day event, educating locals on financial literacy and wellness programs. The event took place at the Bon Secours Community Resource Center from Sept. 30 to Oct. 2.
‘3 by 30’ aims to create 3 million Black homeowners—but barriers persist
By DaQuan LawrenceAFRO International WriterDLawrence@afro.com Black homebuyers are 1.7 times more likely to be denied a mortgage than all other racial groups in the nation, according to a recent study by LendingTree. Considering the historical trend of housing disenfranchisement and disproportionate racial homeownership, the AFRO spoke with policy experts about the implications of the phenomenon, […]
Building sustainable Black businesses through training and teamwork
Black entrepreneurs face systemic challenges that can delay or derail full-time business ownership. Experts Omar Muhammad and Devon Corbin emphasize the importance of early paying customers, strategic partnerships and belief capital—the confidence founders have in their vision. Through comprehensive training and collaboration, they believe Black business owners can overcome barriers and build lasting economic empowerment in their communities.
BEYA and WOC launch Quantum Computing Executive Leadership Learning Track
The Becoming Everything You Are (BEYA) STEM Conference has launched the Quantum Computing Executive Leadership Learning Track, led by Terrence R. Head, to prepare executive leaders and senior technologists for the rapidly evolving quantum era.
How to Pay When Buying From Someone You Don’t Know: Keep These Tips In Mind to Help Avoid Scams
Consumers should be aware of the risks associated with different payment methods and take steps to protect their money from scammers, such as using secure payment methods, being cautious when sending money to unfamiliar individuals, and taking advantage of credit and debit card protections.
Planning for your small business future
Planning for an ownership transition is essential for entrepreneurs to ensure the success of their business and create wealth-building opportunities for current and new owners.
47th president’s personal fortune surges as critics point to historic monetization of presidency
Since his reelection, Trump has doubled his net worth, expanded his business empire, and used the presidency to capitalize on a level of influence and impunity that has redrawn the boundaries of acceptable conduct in Washington.
GBC and SelectUSA host second annual Baltimore Region Investment Summit
The Greater Baltimore Committee co-hosted the Baltimore Region Investment Summit with Select USA on May 15 to showcase the region’s growing infrastructure, business opportunities and appeal to national and global investors.
Transforming market downturns into opportunities for retirement
In the wake of market volatility, Engage Wealth CEO Byron Deese urges near-retirees and young professionals to reassess their retirement strategies. From 401(k) reallocation to Roth IRA options, real estate and diversified investments, Deese highlights practical steps to protect and grow retirement savings during uncertain times.
Baltimore residents demand fair budget, aid for immigrants at taxpayers’ night
By Tashi McQueenAFRO Staff Writertmcqueen@afro.com The Baltimore City Council held its fiscal year (FY) 2026 Taxpayers’ Night on May 15. Taxpayer’s Night is an annual opportunity for the community to voice their thoughts and concerns about Mayor Brandon M. Scott’s (D) proposed budget before the council decides whether to accept the mayor’s budget as is […]
Rent vs. own in today’s economy: Is now the best time to buy?
Homeownership can be a long-term wealth-building strategy, but renting may be more affordable in certain areas and offer more flexibility, while owning a home provides stability and the potential for equity.

