Revenues generated by the nation’s 1.2 million Black-owned businesses rose 25 percent between 1997 and 2002 to $88.8 billion in 2002, while the number of such firms grew by 45 percent in the same fi
Finance & Economy
Inheritance has become a hotly debated issue as baby boomers prepare for retirement and their parents face their twilight years. According to the Federal Reserve Bank, approximately $200 billion is pa
BY David Hinson
Political events, social changes and natural disasters can affect certain financial markets for better or for worse. And since these events can affect individual investment portfolios as well, it’s
BY Reggie Stiteler
You need no reminder to hold on to your tax records in case the Internal Revenue Service questions your returns. But just how long do you need to save those old records that clutter up your closets an
BY Julian Block
Your credit score, a rating of your creditworthiness, affects whether your application for a mortgage or other loan will be accepted. It also helps lenders decide at what level to peg interest rates.
BY Deirdre O'Shea
The economic state of Americans aged 50 years and older generally improved from a decade ago, but the picture is bleak in the most recent years, according to the American Association of Retired Person
The cost of doing business may mean smaller raises and bonuses for U.S. workers in 2006. A survey of chief financial officers found that fewer than 29 percent will give bigger salary increases in 2006
BY Edmund K. Joyce
In a step that brings Caribbean nations closer to full economic integration, members of the Caribbean Community, or Caricom, formally launched a single market in January that allows goods, services an
BY Salome Kilkenny
Operate a business that lost money this year? Or start a new venture that ran in the red? Either way, an often overlooked relief provision allows you to use a loss from the active conduct of a busines
BY Julian Block
For most Americans, the pension is one of the main sources of income during the golden years of retirement. According to the Economic Policy Institute, pensions rank second only to Social Security as
BY David Hinson