The mobile payment service has unveiled a project dubbed "That's Money," which features ads—starring Williams, rapper Kendrick Lamar and investor Ray Dalio—that illustrate the many uses of the platform.
While the increased awareness has been a welcomed development for HBCUs, there is still a wide gap in getting students to these schools and completing their degrees, with money being the driving force behind these issues.
Brooklyn-bred mogul Jay-Z has invested in a Black-led finance app.
11-year-old Caden Harris is transforming a bus into a mobile financial literacy center for youth.
Marsai Martin has launched a digital series centered on the fundamentals of money management.
Songstress Ciara and her husband NFL player Russell Wilson surprised a group of Seattle-based middle school students with money management tips for Financial Literacy Month.
“Racism isn’t going anywhere anytime soon,” says organizational psychologist Dr. Courtney McCluney, industrial and labor relations professor at Cornell University. “Companies tend to have a reactive response, to save face, where they rush to set up committees, hire chief diversity officers,” and promote Black employees to executive positions—sometimes the firstin the company’s history. But it's never going to stop, she adds, “we’ve had 400 years embedded in this model of living, so we have to get rid of this sense that we can solve racism tomorrow and think more long term.”
Ash "Cash" Exantus has one professional goal. "I want to close the wealth gap for people of color," he says.
Joe Biden's presidential campaign has begun to roll out its a new massive advertising blitz worth more than a quarter of a billion dollars, with the first commercial targeting Black voters. Watch it here.
At the height of his success, R. Kelly was worth in excess of $100 million, easily. And now, financially suffocated by lingering bills and other debts, the disgraced singer’s money has all but stopped.
Sheena Allen, 29, has launched CapWay to help underserved communities learn more about the importance of financial literacy.
Uh oh. According to TMZ, Nelly owes the IRS over $2 million in unpaid taxes. “He’s also got state tax trouble — earlier this year, the Missouri Department of Revenue said the St. Louis rapper owed $149,511 in unpaid state taxes from 2013,” TMZ reports. “He originally owed a mere $113,533 … but interest is a bitch.” […]
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