1 in 10 Americans Don’t Carry Paper Money Anymore

It could be a portent of the long-foretold cashless society, or just a sign of consumer confidence, but nearly one in 10 Americans no longer...

Center for Global Policy Solutions and the Network on Race and Ethnic Inequality at...

The preoccupation with Donald Sterling, the wealthy Los Angeles Clippers owner who was slapped with an NBA ban after a recorded conversation revealed that...

Student Loan Debt – It’s Not Just Impacting Finances Anymore

  Mellody Hobson is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and...

New Study Finds, Graduates with More Debt Are Less Happy

Student loan debt isn't just hurting college grads financially, it's also having a negative impact on their overall well-being. College graduates without any student loan...

Why Women Will Be More Impacted by America’s Retirement Crisis than Men

Mellody is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and...

Wells Fargo Launches Wells Fargo Works for Small Business

Wells Fargo  is introducing Wells Fargo Works for Small BusinessSM, a broad initiative to deliver resources, guidance and services to help more small businesses achieve financial...

7 Ways to Save for a Summer Vacation

This winter, phrases like "polar vortex" and "snowmageddon" became part of the American vernacular, and with good reason: The Free Press reports that many...

AG Eric Holder to Banks: There Is No Such Thing as Too Big to...

Foreshadowing possible criminal charges against banking giants Credit Suisse and BNP Paribas, Attorney General Eric Holder offered an ominous warning Monday, saying, "There is...

5 Investing Mistakes to Avoid

Investors are their own worst enemies sometimes. As market participants, we often struggle with the pitfalls of fear and greed. These two emotions have...

4 Financial Tasks You Should Start Doing Right Now

As much as people grumble about doing their income taxes, most manage to file on time. In part, this may be because April 15...

It Is Reported that One of the Reasons the Unemployment Rate Fell Is because...

U.S. employers added a robust 288,000 jobs in April, the most in two years, the strongest evidence to date that the economy is picking...

How African-Americans Are Affected by the Minimum Wage

At $7.25 per hour, the current full-time minimum wage worker earns a mere $15,080 in one year. That’s $4,000 below the federal poverty line and that’s...

Protecting Your Credit After the Death of a Spouse

The death of a spouse for many survivors will become a financially paralyzing event; because even with extraordinary planning, it can be emotionally difficult,...

Tanisha A. Sykes Gives Students a Lesson in Money and Power

ESSENCE Senior Editor, Tanisha A. Sykes, give students at the Disney Dreamers Academy some tips from her money and career toolkit. At the 2014 Disney...

Successful Atlanta Businessman Kermit Payne Explains Why You Need to Take an Active Role...

Editor’s note: This is part 4 in a five-part series on growing and maintaining wealth. Readpart 1, part 2 and part 3. Most people think the road to...

Not Too Many Black Businesses Are Being Awarded Small Business Loans

A recent Wall Street Journal  story detailed the inability of Black-owned businesses to be approved for SBA-backed loans made through America’s most prolific small...

25 Million “Middle Class” Families in America Live Paycheck to Paycheck

More than 25 million middle class American families are living paycheck to paycheck. They have decent salaries. Many own homes and have retirement accounts. But...

10 Money-Saving Things Everyone Should Know How to Do by 30

The big 3-0 has heft: Most 20-somethings fear it, 40-somethings miss it and 60-somethings realize that they're way wiser than they ever were back...

New Study Finds African-Americans with Financial Worries Have Lower Health Scores

Feeling stress about finances leads some Black adults to rate their health more poorly, finds a new study in the American Journal of Health Behavior....

America’s ‘Middle Class’ Is Slowly Eroding

The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of their global...