The Chicago Defender’s 2008 class of Newsmakers is a stellar group. John Rogers, the founder and CEO of Ariel Capital Management, has built his company into one of the most respected money managers in the business, and he is still growing.
The bursting of the real estate bubble has created an oversupply of vacant and abandoned homes. Housing values have tumbled and today, it’s a buyer’s market. I asked Linwood Smith, a real estate agent with McMullan Realty in Cleveland is this
There are only so many choices a high school graduate can make if college is not an option. One choice, aside from joining the military, is learning a trade. That’s what Project Upgrade, a 14-year-old program, aims to do with its students.
WASHINGTON–Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, while investment banks drew loans at a brisk — though slightly lower — pace, further evidence of the credit stresses ho
An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years.
The Chicago Urban League announced its sophomore nextOne class at an Oct. 8 luncheon. Started by the organization in 2007, nextOne is a nine-month initiative that offers business counseling and technical assistance to Chicago’s established Black ent
Concerns about the current U.S. economic crisis and its impact on the automotive industry were a high priority at Rainbow/PUSH’s 9th Annual Automotive Symposium held in Detroit on Oct. 1-3. Automotive manufacturers and minority suppliers spent a mor
This year will go down in the record books as a major inflection point in our country’s economic history. There have been major financial institution failures. These failures and the credit freeze precipitated the unprecedented and highly controvers
NEW YORK– Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose
