Ten States In 2013 Are Scheduled To Raise Minimum Wage
Ten states raised their minimum wage at the start of 2013. On Tuesday, Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont and Washington raised wages between 10 and 35 cents. The increase will put an extra $190 to $510 per year into the pocket of the average minimum-wage worker, according to Reuters. African-Americans make up about 15.1 percent of the [...]
Radio-One’s Cathy Hughes Talks Abortion And Staying Focused
At 16 years of age Cathy Hughes, founder of Radio One, was kicked out of the house by her mom when she became pregnant. She didn’ let her misfortune become a part of her downfall, she just trudged along and vowed to do something with herself and for her son. Years later, after graduating from [...]
Jasmine Guy Hits Ex-Husband For Back Child Support Payments
Famed “Different World” star, Jasmine Guy, is suing her ex-husband, Terrence Mitchell Duckett, for $39,663 in back child support. According to TMZ, Guy filed legal docs in L.A. County Superior Court recently. Duckett was ordered by a judge to pay $1,469/month in child support for the couple’s daughter when the couple divorced in 2008. In the documents, Guy [...]
Money Can’t Buy Happiness? Research Reveals Otherwise
Perhaps one of the greatest fibs ever told is that money can’t buy one happiness. While there may be truth to the statement in the literal sense, research proves it is absolutely fictitious in theory. According to a report released by the Pew Research Center, upper- and upper-middle class Americans describe themselves as happier, less [...]
MyTenSense: This is the stupidest financial advice ever!
It’s hard to find a financial advisor you can trust because they get a nice commission when you roll your 401k and investments over to them and many of them seem to be unfazed when you try to reach them to inquire on why your investments are losing value. So how can you tell if [...]
My Ten Sense: Shame on Montel Williams for endorcing “bad credit loans”
Montel Williams received noteriety for his late 1980s tour, Mountain Get Out of My Way, that motivated teenagers to overcome obstacles, and he was rewarded with his own talk show, The Montel Williams Show, that ran from 1991 to 2008. But now Montel is contributing to the demise of so many Americans by endorsing “bad [...]
Three Black College Students Create “Instagram For Fashion”
One weekend, Darian Demetri, Kris Jordan, and Eric Chisolm were hanging out, like most college students do, when they realized that they were all entrepreneurs but had nothing to preneur. They quickly began brainstorming about what was missing from society that they could create and profit from. That night, the idea for Faddest.com was born. [...]
My Ten Sense: Back to school money lessons for high school and college students
I’m always willing to use my mistakes to help others. So I freely admit I’ve had a car repossessed. I almost went to jail three times for writing bad checks, and I climbed out of poor credit to build my first house. I wish I knew as a teenager or college student what I know [...]
Flavor Flav A Deadbeat Dad; Faces Prison Time For Not Paying Child Support
Flavor Flav is about to become a real public enemy for failing to pay child support. The clock-wearing rapper and former reality TV star — whose real name is William Jonathan Drayton Jr. — faces a 180-day jail sentence for failing to pay more than $111,186 to an Albany woman who gave birth to three [...]
20 Yrs with HIV, NY Times Celebrates Magic Johnson’s Continuous Contributions
A curtain falls on one act and rises on another. Such has been the continuous narrative for Magic Johnson, who 20-plus years after receiving what was feared to be an immutable death sentence is not only alive but seemingly larger than life. Through the years, Magic Johnson has had a social impact, long after he [...]
Go Head Girl! Mom Spends 10 Years in Prison, then Builds Multi-Million Dollar Empire
Wahida Clark made her money and found her success the hard way. As a wife and mother, she ended up going to prison for money laundering and mail fraud. RollingOut.com tells the story of how Wahida had to leave her daughters for 91/2 years to go to federal prison, along with her husband. Relatives [...]
Will Smith Supports Obama By Saying “I Have No Problem Paying Higher Taxes”
- One of Hollywood’s biggest and best-paid stars is supporting President Barack Obama’s call for higher taxes on the country’s top earners. Will Smith said while promoting “Men In Black III” last week that he supports the move. “I’m very supportive of that idea,” Smith told The Associated Press in an interview. “America has been [...]
How Will Bank of America’s “Mortgage to Lease” Program Affect African Americans?
Bank of America has announced a program that will let homeowners facing foreclosures stay in their homes as renters. The “Mortgage to Lease” program will start as a limited pilot program for up to 1,000 homeowners in Arizona, Nevada and New York selected by the bank. The bank said if the effort succeeds, [...]
The Temptations File Class Action Royalty Suit Against Universal
There are more than a dozen of these types of lawsuits pending in courts, including eight that were filed in the past 12 months. The latest challenge, similar to what has come already, seeks to punish UMG for attempting to get away with paying pennies on the dollar when artists believe they should [...]