For many Americans, bad credit is viewed only through the prism of higher interest rates, lower borrowing limits and excess fees on credit cards, automobile loans and home mortgages. Marketers sell th
Finance & Economy
Does the National Collegiate Athletic Association unfairly harm and exploit the Black community? Boyce Watkins, Ph.D., assistant professor of finance at Syracuse University, argues that over a 40-year
BY Salome Kilkenny
I’ve received lots of letters and e-mails from people who are confused about how to determine what their income tax bracket is. They are understandably confused; for 2005, there are six brackets: 10
BY Julian Block
If you’ve been expecting the boom in American home values to fizzle any day now and you’re convinced that double-digit appreciation rates just can’t keep
African-American consumers decide where to shop based on how a company treats them, is involved in their community and portrays them in advertising, according to a study by Yankelovich Inc. and Burr
As a rule, the Internal Revenue Service adamantly opposes taxpayers taking a deduction for commuting costs between home and work. The agency considers those outlays to be nondeductible personal expens
BY Julian Block
On April 20 President Bush signed into law the Bank-ruptcy Abuse Prevention and Consumer Protection Act. This legislation makes sweeping changes to the U.S. bankruptcy law, it extremel difficult to us
In its April Short Term Energy Outlook, the U.S. Department of Energy (D.O.E.) notes that high demand for oil worldwide is keeping crude oil prices high and increasing the competition for gasoline imp
BY Salome Kilkenny
Q: I own some paintings and other collectibles that have substantially increased in value since I purchased them. If I give them to my daughters, do I have to declare the profits?A: Neither gains nor
BY Julian Block
Ever thought of starting a business in New York but abandoned the idea? In a lackluster economy, small businesses are often an engine of growth, creating many of the jobs and commercial activity that
BY Isa Abdur-Rahman, Esq.