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Monday, May 13, 2024

Passenger On Boeing Flight That Suddenly Dropped Says Pilot Told Him He Lost Control...

The pilot of a terrifying flight from Australia to New Zealand told those on board he temporarily lost control of his Boeing 787 after one of its instruments failed, a passenger said Monday, as authorities investigate what caused a sudden drop that threw travelers around the cabin, injuring dozens.

Visa And Mastercard Agree To $30 Billion Settlement That Will Lower Merchant Fees

Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decades long antitrust case brought upon by merchants.

Average Credit Card Debt Increased 10% To $6,501 In 2023

As of the third quarter (Q3) of 2023, consumers collectively owed more than $1 trillion on their credit cards.

Studies Show Black Women Struggle In Transition To Retirement

Retirement is what the majority of Americans look forward to after spending decades in the workforce. It comes with financial independence and newfound freedom.  However, Black women are not as supported as their white counterparts in retirement.

Buyer Beware: Unregulated ‘Buy Now, Pay Later’ Loans Can Lead To Greater Debt And...

America's debt addiction takes on a new twist—thanks to opaque, unregulated "buy now, pay later" loans that have swept retail in the past few years.

Electric Trucks Will Be A Boon For Black Communities

Freeways, ports, and other industrial areas are often seen on the horizon — or closer, in some instances — in Black communities. Living in close quarters to, say, factories or petrochemical plants or other fixed sources of pollution is hugely detrimental to public health in such neighborhoods.

What’s Behind Gavin Newsom’s U-Turn On Worker Heat Protections?

What’s behind Gavin Newsom’s u-turn on worker heat protections? Hint: It would cost billions of dollars to bring California’s prisons into compliance.

What Trends Are Showing About The Types Of Startups Getting Funding

What kinds of startups are trending? When inflation surged toward the end of the COVID-19 pandemic, central banks responded by raising interest rates, which caused companies to slash their investments.

To Bridge Racial Wealth Gap Americans Willing To Pay More

A new study identified Black-owned businesses and found Americans are willing to pay more to close the racial wealth gap.

AI Is Threatening Americans’ Jobs. Could Guaranteed Income Provide A Safety Net?

Global policymakers and business leaders are now increasingly warning that the rise of artificial intelligence will likely have profound impacts on the labor market and could put millions of people out of work in the years ahead (while also creating new and different jobs in the process).

Must Read

VOICES Heard: New Cancer Study Will Center Black Women

In a groundbreaking study, the American Cancer Society will investigate the link between breast cancer and race by exclusively tracking Black women.