Roland Martin talks with the Washington Post‘s Michelle Singletary about The Pew Study which showed 40% of women are the primary breadwinners in the home.
By Roland S. Martin Editor-in-Chief RolandMartinReports.com Shortly after I graduated from college in 1991 a fraternity brother of mine asked me how I could be happy that the woman I was engaged to marry was making more money than me. “Easy,” I said. “When she gets a raise, I get a raise. When I get a [...]
Nationally syndicated personal finance columnist Michelle Singletary keeps it real with Roland and the crew about the common mistake couples make of spending too much money on their weddings!
Source: MarketWatch / CBS News More than 26 percent of working-class Americans who rent apartments spent over 50 percent of their income on housing in 2011, up from just 22.8 percent in 2008, according to a new report. The study by the Center for Housing Policy found median housing costs of working renters rose nearly [...]
White House Correspondent April Ryan talks with Alfred Edmond Jr. of Black Enterprise about “Financial Literacy Month”. Edmund also provides you with some financial tips to keep your pockets in order!
Source: Leslie Patton / Bloomberg About 400 workers from McDonald’s Corp. (MCD), Wendy’s Co. (WEN) and Yum! Brands Inc. (YUM) are striking today in New York City as they call for higher wages. “By far, it will be one of the biggest actions that fast- food workers have taken in this country,” Jonathan Westin, executive director of advocacy group and organizer New York Communities [...]
WASHINGTON WATCH: Errors In Your Credit Report Can Cost You Money; Keep You From Getting A Job (VIDEO)
A recent study by the Federal Trade Commission revealed that, of those surveyed, 26 percent had at least one error on their credit report. Those errors can cost you money, destroy your ability to lease an apartment, or buy a home, or get that job you really want. Most people don’t check their credit reports [...]
Source: Blake Ellis / CNN Money Millions of Americans have mistakes on their credit reports, some of which are serious enough to lower credit scores and result in worse credit offers, a new government study finds. As many as 42 million Americans have errors on their credit reports, according to a Federal Trade Commission study [...]
Source: Dan Froomkin / The Huffington Post WASHINGTON — The share of the nation’s wealth held by the less affluent half of American households dropped precipitously after the financial crisis, to 1.1 percent, according to new calculations by Congress’s nonpartisan research service. By contrast, the share of total net worth held by the weathiest 1 percent of American [...]
Source: Danielle Douglas / The Washington Post Capital One, the fifth largest bank in the country, said Wednesday it reached an agreement with regulators to pay $210 million to resolve charges that it misled and pressured customers into purchasing unnecessary products. The McLean bank has agreed to refund $150 million to 2.5 million consumers enrolled [...]