Operation Hope and Shopify in a recent announcement said they have teamed up to create 5 million jobs for Blacks over the next five years.Operation Hope is a leading financial education and economic e...
EBIT / Interest (sometimes known as the Interest Coverage ratio) is one of the key financial ratios used in assessing the creditworthiness of a corporation both by rating agencies and in debt-financed...
The rate of interest is the amount charged on any debt by the creditor to the borrower. An interest rate is expressed in percentage points (%) or in basis points (bps) and is usually charged on an ann...
A rating is an assessment of credit-worthiness assigned to a bond, corporation or country. The idea behind a rating is that it gives investors an idea of how likely an entity is to repay its debts.The...
A repo agreement is a contract between two parties, which says that one party will buy assets from the other, and the other will then repurchase them at a given point in time for slightly mo...
The IRS on Monday released annual inflation adjustments for 2021, including tax tables, tax rate schedules, and accost-of-living adjustments, and other tax changes. Each year, the internal revenue s...
This is great news, a couple of black-owned banks will be part of the syndicate that will refinance a $35 million loan for Atlanta Hawks. The move will allow black owned businesses in the banking sect...
What is Petro? By definition, Petro is a cryptocurrency proposed by Venezuelan President Nicolas Maduro in December 2017. The value of petro would be based on the country’s oil, natural gas, an...
Starbucks recently joined the train of companies and organizations that have pledged to financially support Black businesses, nearly nine months after the Black Lives Matter movement.The company on Tu...
(Bloomberg) -- In the battle between short-seller Citron Research and an army of Reddit-charged day traders, (GME) GameStop Corp.’s seemingly endless rally to an all-time high has given the stock’...