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“Count your blessings”

As a kid, I remember listening to Arthur Godfrey, a 1950’s TV Star, crooning the song Count Your Blessing. Godfrey’s craggy voice forcefully belted out the refrain, “when I’m worried and I can’t sleep, I count my blessing ins

Ala. county faces biggest U.S. municipal bankruptcy

BIRMINGHAM, Ala.–Alabama’s largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation’s credit crunch and a colossal, corruption-riddled sewer project.

Local Black businesses make Black Enterprise 100 list

Black Enterprise magazine’s 100 List contained 10 Black-owned Chicago businesses this year. R.J. Dale Advertising & Public Relations Inc., E. Morris Communications Inc., Ariel Investments LLC, Capri Capital Partners LLC., Holland Capital Management

City’s Black banks stable despite soft economy

Customers at banks across the country are nervous these days because of the July 14 federal takeover of IndyMac Bank in California. IndyMac is the second largest financial institution to fail and is now being managed by the Federal Deposit Insurance Corpo

Dream of gas tax holiday expires

WASHINGTON–The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere.

Mid-year financial correction

It is hard to believe that the first half of 2008 is over, and it is time to get ready to finish the year.

Fed chief: Gov't needs more power when firms fail

WASHINGTON Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress that new regulatory powers are needed to insulate the national economy from damage if a big Wall Street firm collapses.

Toyota making U.S. manufacturing changes

DETROIT-Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth. Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota
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