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Wealthiest Blacks In America
"The Black Economy" determined a list of the 10 wealthiest Blacks in America. Isis Pages likes the list simply because there is a stark difference between wealth and being rich. You can possess considerable amounts of cash but have very little tangible assets, typically resulting in a lower net worth. Where as you could be cash poor but have a considerable amount of investments in tangible assets and be considered wealthy. The biggest reason for this outcome is that cash does not appreciate in value. Typically assets like Stocks, Bonds, Real Estate, etc., increase in value. So the amount of appreciating assets one may have could isgnificantly impact thier net worh. Without further adue, here is the list:
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| By The Black Economy & Isis Pages Staff |
Oct 12, 2008 |
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10 Ways To Survive A Recession
Are we in a recession? That’s the consensus right now. But we won't know that until the economic numbers are in telling us what we already know and feel. Recession or not, it's getting harder to afford the increased cost of living. I asked Isis Pages readers for help, and the readers came through in a big way!
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| By IP Staff |
Oct 12, 2008 |
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Tensions High After Taser Death in Winnfield, LA
When healthy Baron "Scooter" Pikes suddenly died soon after he was arrested and tasered, there is a sense of something terribly wrong in the little backwoods town of Winnfield, Louisiana. Corruption and cover-ups are just the beginning of this story.
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| By Annonymous |
Jul 23, 2008 |
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Our People Should Use Economic Stimulus Payments Wisely
This summer many African Americans will receive a check from the federal government as part of an effort to stimulate the national economy.
Before these checks arrive, think about what will be the best use of this money for you and your family. Spending the money on a new Coach purse, a new pair of Gucci loafers, a couple pari of Seven jeans, a few Tiffany accessories, or even a night on the town may not be the best choice.
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| By Mr. Money |
Apr 20, 2008 |
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Do You Know Your Interest Rate???
Check your holiday credit card bills closely...
Some credit card companies are raising interest rates on good customers even if they pay down their balances, on time, every month. The reason they cite is that the customer's credit rating has fallen elsewhere.
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| By Associated Press |
Dec 5, 2007 |
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Black Friday - Does it match the Hype?
Traditionally, next Friday is the beginning of the Christmas shopping season. It is also one of the busiest shopping days of the year. No doubt many of you will brave the crowds to take advantage of great deals.
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| By Stephen Carter |
Nov 19, 2007 |
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Rumors of Merril Lynch's CEO Stepping Down
Rumors that Stanley O'Neal, Merrill Lynch & Co's CEO may be stepping down quickly following the announcement that the company will take 8 Billion dollar hit in the 3rd quarter due to the sub-prime market.
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| By Stephen Carter |
Oct 30, 2007 |
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Break the bank: Go online
Internet-only banks have finally come of age. Are you ready for better service, higher rates and fewer fees?
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| By |
Aug 5, 2007 |
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Private Subs Plumb Deep Pockets
In the world of 150-foot yachts, private helicopters and lightening fast speedboats, there is a new toy so exclusive that buyers are actually invoking non-disclosure agreements. undefined
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| By |
Aug 4, 2007 |
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LeBron: The next Buffett?
Forget whether LeBron James is the next Michael Jordan. The more interesting question is whether he can be the next Warren Buffett. James, the 22-year old star of the Cleveland Cavaliers, has been hyped as the game's next superstar since he was in high school.
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| By Chris Isidore |
Jun 27, 2007 |
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Not so risk-free
Rising bond yields could spell trouble for the economy and the markets
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| By Economist |
Jun 14, 2007 |
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Credit checks: A civil-rights issue?
Studies haven't found a link between poor credit and job performance, but more employers are checking, and minorities are getting squeezed. Insurers are slammed for checking, too.
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| By |
Apr 17, 2007 |
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Rich man, poor man
A poisonous mix of inequality and sluggish wages threatens globalisation
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| By Economist |
Jan 18, 2007 |
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