By Luis Vasquez-Ajmac Urban News Service Show Kayla Rodriguez a jar of honey, and she will tell you it’s medicine. Against the odds is one way to describe the young, Latina entrepreneur in the predominantly white, male-dominated, global biotech industry. Kayla Rodriguez, a 28-year old of Puerto Rican descent, co-founded SweetBio, a start-up biotech company […]
Black Dollars Pour into Black Banks
By Michael H. Cottman Urban News Service Baltimore-based attorney Jelani Murrain plans to transfer his hard earned money to an institution of financial empowerment: A black-owned bank. “The fact that black people have dealt with financial discrimination is a matter of record,” Murrain, a father of three young children, told Urban News Service. Murrain, 38, […]
Affordable-housing dreams become Section 8 nightmares
by Drew Johnson Urban News Service Congress created Section 8 vouchers to offer very-low-income Americans “decent, safe and sanitary housing in the private market.” But recent examinations have found many such homes far from decent, safe or sanitary. Despite these promises from the Department of Housing and Urban Development’s website, this federal housing voucher program […]
Four Things You Should Know Before You Sign that Car Loan
by Charlene Crowell NNPA News Wire Columnist It’s that time of year again when days are longer, temperatures are higher and auto dealers advertise some of the most tempting deals. And while there’s nothing new about new car fever or the annual ad blitz, there’s a good deal of news on how consumers are choosing […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
“Where are the African American and Latina Mark Zuckerbergs and Cheryl Sandbergs?”
By Hill Harper NNPA News Wire Guest Columnist The question, which came from a participant in a minority business empowerment seminar, quieted the room. The answer is simple: “They’re out there. But they don’t have a data plan.” That seems glib. But truth comes best in a simple package. The digital divide is real. Millions […]
Income Inequality Remains Near Record Levels
The income gap between the rich and the poor remains near its highest level ever, according to a new report by the Wisconsin Budget Project and COWS at UW Madison. The wide chasm between the very highest earners and everyone else poses hardships for Wisconsin’s families, communities, and businesses. In 2013, 15.9 percent – nearly […]
Black Contractors: Democrats Take us for Granted
By Josh Peterson Urban News Service While Democrats scramble to secure the African-American community’s support post- Obama, black contractors complain that they are not getting their fair share of the party’s campaign spending. Among $514 million that Democrats spent on consultants during the 2010 and 2012 election cycles, only $8.7 million (just 1.7 percent) went […]
Russell Simmons Repays Rushcard Holders, Pushes for Credit Reforms
By Stacy M. Brown NNPA News Wire Contributing Writer Russell Simmons is just starting to regain a little normalcy in his life. He’s back at yoga and the hip-hop and business mogul is even able to run some errands without worrying about whether a disgruntled Rush- Card holder might verbally attack him or worse. Simmons […]
Black Banks Struggle to Survive, Part 2
By Patrice Gaines Urban News Service Leah Chase recalls a time when she couldn’t get a loan from a white-owned bank to expand her now-legendary New Orleans restaurant. “I remember my husband going to a bank we used for years,” said Chase, 93. “When we went to get a loan, we couldn’t … This was […]
Consumer Rights in the Realm of Debt Collection
By Bibek Das Many consumers may be familiar with abusive and harassing tactics which are sometimes used by debt collectors when attempting to collect a debt from a consumer. The Federal Fair Debt Collection Practices Act (“FDCPA”) contains several provisions that regulate the manner and tactics used by debt collectors in collecting debts from consumers. […]
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