In this episode of Financial Lovemaking, Dr. Boyce and S. Tia Brown discuss Mel Gibson’s Half billion dollar divorce. They also discuss various issues that relate to how couples should merge their love and money together. Click the image to watch!
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From Dr. Boyce Watkins
To the YourBlackWorld family: Some of you saw my recent critique of the RushCard, the new prepaid debit card issued by Russell Simmons. Some took my article about the RushCard and interview about the Rushcard on BBC World news and The New York Times to imply that I have serious problems with [...]
President Obama said Saturday he will ask all of his department and agency heads for specific proposals for cutting their budgets at his Cabinet meeting early next week as he searches for ways to streamline government spending.
Obama, who is attending the Summit of the Americas in Trinidad this weekend, said in his weekly radio and [...]
In a speech today, the Federal Reserve chairman Ben S. Bernanke talked about the need to “strike the right balance: to strive for the highest standards of consumer protection without eliminating the beneficial effects of responsible innovation on consumer choice and access to credit.”
Where exactly regulators think that “balance” lies has varied greatly over time. [...]
This study examined whether socioeconomic indicators including wealth, parents’ education, parents’ occupation, and parents’ income predicted the academic outcomes of African Americans and European Americans differently. Using a sample of 1,302 African American and 6,362 European American public high school students drawn from the first- and second-year follow-up of the National Educational Longitudinal Study of [...]
Dear Mr. Simmons: My name is Ryan Mack and I have followed your career for most of my life. I have been a long-time admirer of your work, a tremendous fan, and believe that millions are inspired by the paths that you have created in the field of Hip-Hop. More importantly, [...]
Dr. Boyce Watkins, one of the world’s leading Financial experts and Black Social commentators, spoke with BBC World news about the RushCard, which has been heavily adopted in Black communities.
Watkins wrote this commentary about the Rushcard and you can click the image below to listen in on the interview. Dr. Boyce Watkins is a [...]
Why Financial Predators Usually Have Black Prey
By Dr. Boyce Watkins
www.DrBoyceMoney.com
I talked to my good friend Ryan Mack, CEO of Optimum Capital Management, the other day. Ryan wrote an interesting piece about The Rushcard, a new prepaid debit card offered in a partnership between Russell Simmons and Unifund, a company that typically makes its money from [...]
This week I look at issues of respect from both co-workers and your nearest and dearest. I am 28-years-old and work in an office full of 45-56 year-old women. My issue is how to talk to them when they say things I do not like without being disrespectful. – Young & Angry [...]
by Charles Lewis Nier III
Responding to a controversy regarding incendiary remarks that surfaced in the media from his former pastor, Reverend Jeremiah A. Wright Jr., United States Senator and Democratic presidential candidate Barack Obama came to the City of Philadelphia to deliver a major address on the issue of race in the United States. In [...]
Gentlemen (and ladies), start your engines. Tax Day is less than a week away.
But as you race toward the finish line, be mindful of common tax-filing errors. Some mistakes could cost you money. Others could raise red flags at the IRS. Tax software will do math and point out tax breaks you might overlook, but [...]
By: Sarah Horner April 8, 2009 An article from MSNBC.com entitled, "Budgeting for Baby: What does it really cost?" outlines exactly how much having and raising a child will cost you. "If you’ve [...]
The syllabus is here. I suggest you read it very carefully, at least twice in order to fully understand the structure of this class. Our class isn’t easy, so please stay on top of the material so you don’t fall behind.
Posted by Matthew Miller
I came across the article from The Economist that Professor Watkins referenced in the class a few times. It deals with the liquidity and financing issues that banks and other corporations are dealing with now. I thought it would be good to share with the class. Full link is below.
SELDOM has corporate strategy [...]
Obviously, having a good credit is important, because a bad credit score can make it hard for you to get a loan. In a time of financial crisis, credit repairs might be tempting, but they do not always work.
Companies that provide credit repair services will ask you for a large payment upfront for the services, [...]
By：Hua Li
Networking is one of the important and most effective job-search strategies. Networking is defines as the process of developing contacts and exchanging information with others to further your career. Networking is about building relationship and it can be especially helpful if you are trying to enter a competitive field or if the job market [...]
By Kush
So apparently I have heard from several Syracuse University students that when it came to looking for jobs or internships locally there has been a handful of companies turning these students away and it wasn’t because of their grades or past experience but more so because of the fact that they went to or [...]
The airline industry is faring much better than many other industries in the country’s current financial crisis. Over the last few months, very major airline has cut capacity by somewhere around 10-15% due to the country’s financial situation and rising fuel costs. But with fuel now at essentially 1/3 the price it was at [...]
Teams are now looking to get the most bang for their buck based on true market factors. Everyday tickets for sporting events are resold at dramatically market up prices. As a result of the weak economy, professional teams will now institute price fluctuation in order to tap into some of the inflated profits that scalpers [...]
By Scott Lepkofker
Everybody keeps saying how now is the time to buy up shares of companies stocks that have dipped to all time lows. Some people are buying them up now, some are waiting for it to dip further, and others are doing a little of both. With that being said here are a few [...]
Tonight Oscar De La Hoya and MannyPacquiao will fight in Las Vegas. It promises to be an exciting fight, for those who can afford to see it. It is ashame that, like many Pay-Per-View showings, the biggest deal is being made of the price to watch it. Many people refuse to pay the $54.95 in order to [...]
This is a personal story that may relate to some of the fellow finance majors that are graduating or looking for internships. Unfortunately, the timing of my graduation with the shaky health of the finance industry resulted in a lack of full-time opportunity for me. My internship with JP Morgan Chase left me with good [...]
by: Mike Miranda
The job report released today further showed the difficult economic times we’re struggling through. The credit crisis and financial meltdown have caused many companies to implement cost cutting strategies to improve their financial outlook in the near future. The unemployment rate has risen to 6.7% which is the highest level the United States [...]
Merry Christmas!
As a Christmas gift to you, I’ve included some slides and solutions that might make your studying a bit easier:
Power point slides
chapter 9
chapter 10
chapter 16
Solutions to End of Chapter Problems
Chapter 9
Chapter 10
Chapter 16
As companies continue to cut costs in order to make up for the decrease in revenues, the unemployment rate in the U.S. has hit its 10-year high at 7.8%. Companies are laying off employees in divisions where revenues have decreased dramatically and divisions where revenue outlooks have been lowered. Some of the most recent cases [...]
By Pavitra
Mumbai, the financial capital of India and a major tourist attraction was attacked by militants on the night of November 26th, 2008. The city came to a halt for the next 60 hours as the soldiers battled the terrorists and rescued the hostages.
The damage was mind blowing; more than 195 people killed, more [...]
In the midst of the current financial crisis, the big three automakers (GM, Ford, Chrysler) are asking for more money for their bailout plan:
NEW YORK (CNNMoney.com) — Automakers submitted their turnaround plans to Congress Tuesday with the hopes of winning approval for a lucrative loan package they claim is necessary for their survival.
The plans included [...]
Post by: BMKRIGER
When reading, keep in mind that this is an small indicator of the world economy.
The Russian art market has exploded in recent years, booming as rich industrialists and financiers ploughed their growing fortunes into painting and sculpture.
Goncharova’s Still Life was one of the priciest works this week
But this bubble, like many others, now [...]
Brian Hubbell
EXPLORE YOUR FINANCING OPTIONS
The contrast between the most credit-worthy borrowers and those with black marks has never been so great.
Lenders are now demanding that weaker borrowers come up with a 10 to 15 percent down payment, whereas only six months ago lenders were happy to provide financing without any cash up front. They [...]
The $700 billion bailout plan that was instituted on October 3rd of 2008 will be subjected to it’s first audit starting Tuesday, December 2nd. The Government Accountability Office or the GAO will present a report to congress about the progress of the bailout plan. The bailout plan has had it’s problems. Many industries, such as the [...]
