It’s no secret that African Americans face unique challenges to their financial security that are unlike those of white households. An estimated 42 percent of African-American households use credit for basic expenses, such as rent, groceries and utilities, according to The Challenge of Credit Card Debt for the African American Middle Class, a report released last year by the NAACP. Moreover, 99 percent of blacks who started new businesses using credit are struggling to pay off those expenses, compared to just 80 percent of whites, the report says.
The good news is that it’s never too late to overhaul your financial situation. One of the first steps is changing your attitude toward money, according to Sabrina Lamb, founder and CEO of theWorldofMoney.org, an organization dedicated to the financial education of youth in the Tri-State New York area.
MOSCOW (AP) — The coach of Russian club FC Rostov apologized Monday for his remarks about "dark-skinned" players after some in his team threatened to strike.
Rostov coach Igor Gamula said Friday the club had "enough dark-skinned players, we've got six of the things" when asked about rumors Rostov could sign a defender from Cameroon.
5 W.Va., Ky., Tenn. counties off drug areas list
CHARLESTON, W.Va. (AP) — Five counties in West Virginia, Kentucky and Tennessee have been removed from a federal list of high-traffic drug areas.
A Federal Register notice filed Monday says a threat assessment indicated the counties no longer met criteria for high-trafficking drug areas.
The notice says Mason County in West Virginia, Cumberland and Clinton counties in Kentucky, and Clay and White counties in Tennessee have been removed from the High Intensity Drug Trafficking Areas program list.
The program makes federal resources available to local and state police that face growing illicit drug markets. It was established through the Office of National Drug Control Policy in 1988.
An Appalachia list was established in 1998 to combat trafficking in 68 Kentucky, Tennessee, and West Virginia counties.
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The importance of voting and the responsibility that black women have was the focus recently during an outreach event held in advance of the Nov. 4th election.
“We have a responsibility as black women, as the African-American community, to get out here and be responsible and know what’s going on in our government on the local and the state level, as well as the national level,” said Cherisse Scott, SisterReach founder and CEO.
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