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01/08/2020

01/08/2020

Financial News Center ALLcreditFinancialServices.LLC

12/21/2019

EG Industries sells Marion operation to Piston Automotive - Columbus Business First

EG Industries sells Marion operation to Piston Automotive - Columbus Business First

Former NBA player buying Marion manufacturer

12/21/2019

NBA Legend Vinnie Johnson's Piston Group Acquires Marion Industries - Black Enterprise

NBA Legend Vinnie Johnson's Piston Group Acquires Marion Industries - Black Enterprise

Piston Group designs, engineers, assembles and manufactures a wide variety of automotive parts and systems.

12/21/2019

Forty Under 40 - Damian Mills

Forty Under 40 - Damian Mills

Damian Mills was 29 and general manager of a Dodge dealership owned by Asbury Automotive Group when he had the opportunity to buy a dealership under Ford Motor Co.'s dealer development program. The deal required a sizable equity investment and the pay was 65 percent less than the married father of t...

12/21/2019

Exclusive: New Report Predicts CBD Market Will Hit $22 Billion by 2022

Exclusive: New Report Predicts CBD Market Will Hit $22 Billion by 2022

Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode — and outpace marijuana

12/21/2019

Controversial Google Lawyer David Drummond Has Sold A Half BILLION DOLLARS In Stock Over The Last Decade

Controversial Google Lawyer David Drummond Has Sold A Half BILLION DOLLARS In Stock Over The Last Decade

Remember David Drummond? He's worked for Google and its parent company, Alphabet, since 2002, making him one of the most senior employees, as well as ...

12/15/2019

Letter to Employees | Chase.com

Letter to Employees | Chase.com

This letter was sent to JPMorgan Chase employees on December 13, 2019.

12/09/2019

Mercedes-Benz sued for discrimination, overcharging African American customers

Mercedes-Benz sued for discrimination, overcharging African American customers

A former sales manager at a Mercedes-Benz dealership in Lafayette is now suing the business for racial discrimination.

12/08/2019

After Earning $5m From The NBA, Vinnie Johnson Launched A Multi-Billion Dollar Automotive Empire And Earned A $400M Fortune

After Earning $5m From The NBA, Vinnie Johnson Launched A Multi-Billion Dollar Automotive Empire And Earned A $400M Fortune

Vinnie Johnson was the longtime sixth man for the NBA's Detroit Pistons. He was a perennial fan favorite. He played 10 seasons in Detroit and was a pa...

12/06/2019

Meet The New CEO of Bed Bath & Beyond One of The First Black Women To Lead A Fortune 500 Company - WASBST

Meet The New CEO of Bed Bath & Beyond One of The First Black Women To Lead A Fortune 500 Company - WASBST

Bed Bath & Beyond Inc. has announced that Mary Winston, a seasoned executive of the public company that recently joined the Board of Directors of Bed Bath & Beyond, has been appointed as Interim Chief Executive, effective immediately. Ms. Winston is a seasoned executive with extensive expertise in g...

11/30/2019

Auto Loan Balances Soar to $1.22 Trillion in 2017

Auto Loan Balances Soar to $1.22 Trillion in 2017

Consumer auto debt has continued to snowball, a reflection of continued optimism about the economy. But there could be a downside.

11/30/2019

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon can leave owners trapped.

11/21/2019

Is the poverty rate increasing in America?
One organization estimated that in 2015, 13.5% of Americans (43.1 million) lived in poverty. Yet other scholars underscore the number of people in the United States living in "near-poverty," putting the number at around 100 million, or nearly a third of the U.S. population.

11/21/2019

Poverty by Ethnicity

According to 2018 US Census Data, the highest poverty rate by race is found among Native Americans (25.4%), with Blacks (20.8%) having the second highest poverty rate, and Hispanics (of any race) having the third highest poverty rate (17.6%). Whites had a poverty rate of 10.1%, while Asians had a poverty rate at 10.1%.

11/21/2019

Children in Poverty

In 2018, 16.2% of all children (11.9 million kids) lived in Poverty USA—that’s almost 1 in every 6 children.

In 2015, the National Center on Family Homelessness analyzed state-level data and found that nationwide, 2.5 million children experience homelessness in a year.

11/21/2019

Poverty USA

Poverty USA

POVERTY FACTS The Population of Poverty USA In 2018, 38.1 million people lived in Poverty USA. That means the poverty rate for 2018 was 11.8%. Use our interactive map to take a closer look at poverty statistics in the United States. Who lives in Poverty USA? All those who make less than the Federal....

11/15/2019

Google plans to offer checking accounts next year

Google plans to offer checking accounts next year

In partnership with existing banks.

11/14/2019

Byron Allen owner of Entertainment Studios & The Weather Channel - outlines Entrepreneurship 🔑💰📈

Byron Allen owner of Entertainment Studios & The Weather Channel - outlines Entrepreneurship 🔑💰📈

Byron Allen owner of Entertainment Studios & The Weather Channel - outlines Entrepreneurship 🔑💰📈 #entrepreneurship #business #successstory BlackTree TV is th...

11/14/2019

U.S. Supreme Court weighs Comcast appeal in Byron Allen racial bias lawsuit

U.S. Supreme Court weighs Comcast appeal in Byron Allen racial bias lawsuit

U.S. Supreme Court justices on Wednesday expressed sympathy toward allowing come...

11/14/2019

Jay-Z Becomes Fifth Black Billionaire in the U.S. - Black Enterprise

Jay-Z Becomes Fifth Black Billionaire in the U.S. - Black Enterprise

Hip-hop mogul Shawn "Jay-Z" Carter has reportedly joined the billionaire's club with these four other black billionaires in America

11/14/2019

No. 1 Milk Company Declares Bankruptcy Amid Drop in Demand

No. 1 Milk Company Declares Bankruptcy Amid Drop in Demand

Got milk? Increasingly, Americans don't, and that led the nation's biggest milk producer to file for bankruptcy Tuesday. Dean Foods blamed a decadeslong drop in milk consumption that has seen people turn...

11/12/2019

#ALLcreditfinancialServices supports all our veterans

11/12/2019

#ALLcreditfinancialServices supports all our veterans

11/08/2019

Byron Allen Acquires 11 Television Stations for $290 Million - Black Enterprise

Byron Allen Acquires 11 Television Stations for $290 Million - Black Enterprise

Byron Allen's Allen Media Broadcasting to acquire 11 broadcast TV stations serving nine U.S. markets with network affiliations including ABC, CBS, and NBC.

11/07/2019

Apple Hits $1 Trillion, But It's Still Not The Most Valuable Company In The World

Apple Hits $1 Trillion, But It's Still Not The Most Valuable Company In The World

Today, Apple (APPL) became the first $1 trillion public U.S. company. Its stock jumped 2.8 percent to $207.05 (as of 9:15 a.m. Pacific time), taking its gain to 9 percent since this Tuesday, when it released its latest quarterly earnings.

11/07/2019

The Top 100 Best-Performing Companies In The World, 2019 > CEOWORLD magazine

The Top 100 Best-Performing Companies In The World, 2019 > CEOWORLD magazine

With a market value of $961 billion, Apple has been recognized as the best performing company in the world by market value for 2019, according to CEOWORLD magazine, while Microsoft ($946) and Amazon ($916 billion) placed second and third, respectively. Some of the most recognizable companies in the....

10/26/2019

Average Wall Street Salary Dropped to $399K Last Year

Average Wall Street Salary Dropped to $399K Last Year

Smaller bonuses last year contributed to a 5.6% drop in average Wall Street salaries, according to a report released Friday by New York state's comptroller.

10/26/2019

Goodbye Middle Class: 50% Of American Workers Make Less Than $33,000 A Year

Goodbye Middle Class: 50% Of American Workers Make Less Than $33,000 A Year

The truth is that most American families are deeply struggling, but you hardly ever hear this from the mainstream media...

10/25/2019

Property valuation of Rikers Island, Bronx, NY (tax assessments)

Property valuation of Rikers Island, Bronx, NY (tax assessments)

Property valuation of Rikers Island, Bronx, NY (tax assessments)

10/20/2019

In a Strong Economy, Why Are So Many Workers on Strike?

In a Strong Economy, Why Are So Many Workers on Strike?

At first glance, it may seem like a paradox: Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in Chicago, are striking to win better wages and benefits. But, according to those on strike, the strong growth....

10/18/2019

The Seven-Year Auto Loan: America’s Middle Class Can’t Afford Its Cars

The Seven-Year Auto Loan: America’s Middle Class Can’t Afford Its Cars

The availability of inexpensive debt on increasingly generous terms is supporting auto industry sales and profits. For consumers, it’s become a crutch to support their expectations.

08/21/2019

Banking with Chase | Refer-a-Friend Bonus

Banking with Chase | Refer-a-Friend Bonus

For new Chase customers: You can get $200 with a new checking account and another $150 with a new savings account with qualifying activities.

08/16/2019

Immigrants will be required to show credit scores, or fulfill other financial criteria, if they want to become U.S. citizens

Immigrants will be required to show credit scores, or fulfill other financial criteria, if they want to become U.S. citizens

Acting Director of the Citizenship and Immigration Services Ken Cuccinelli said: ‘We want to see people coming to this country who are self-sufficient.’

08/08/2019

HACKERS ARE NOW SENDING EMAILS TOO PEOPLE WITH CREDIT CARDS OR A BANK ACCOUNT , IF THESE EMAILS THEY ARE TELLING YOU , YOUR ACCOUNT IS ABOUT TOO BE CLOSE IF YOU DONT FOLLOW THE DIRECTION IN THE EMAIL, AS SOON AS YOU CLICK ON THE LINK I WOULD SAY LET US SAVE YOUR ACCOUNT NOW FIRST WE NEED YOUR ACCOUNT NUMBER, SSN AND PERSONAL INFO, THE EMAIL LOOK LIKE IT IS COMING FROM YOUR BANK BUT IT ISNT, YOU BANK WILL NOT ASK FOR PERSONAL INFO VIA AN EMAIL SO CONTACT YOU BANK ASAP.ONCE TOU GET THESE HACKERS INFO , YOUR ACCOUNT WILL BE HACKED AND THERE WILL COME FORM OF IDENTITY THEFT, BE CAREFUL PEOPLE

08/04/2019

Jeff Bezos Receives Backlash For Mega Yacht Purchase, Worth Reportedly $400 Million.

Jeff Bezos Receives Backlash For Mega Yacht Purchase, Worth Reportedly $400 Million.

People are not happy: "Amazon workers collapse from heat exhaustion in warehouses where the heat index exceeds 100° F so that Jeff Bezos can buy a new yacht."

08/03/2019

IBM Fired Up to 100,000 Older Employees to Make Room for Millennials, Lawsuit Alleges

IBM Fired Up to 100,000 Older Employees to Make Room for Millennials, Lawsuit Alleges

The company wanted to prove it wasn't “an old fuddy duddy organization,” said a former VP of human resources in a deposition.

08/03/2019

US job growth remains steady in July with 164,000 added

US job growth remains steady in July with 164,000 added

Wall Street expected the U.S. economy to have added 164,000 jobs in July.

08/03/2019

Men with beards are killing the razor industry

Men with beards are killing the razor industry

Procter & Gamble blames Gillette’s $8 billion writedown on a ‘lower shaving frequency.’

08/03/2019

De Blasio's Extreme Tax Plan Is Either A Political Stunt Or A Recipe To Ruin NYC, Experts Say

De Blasio's Extreme Tax Plan Is Either A Political Stunt Or A Recipe To Ruin NYC, Experts Say

“This plan is not just a tax on the ultra-wealthy, not just a tax on the wealthy, but a tax on the middle class… It’s extreme,” Timothy Ghriskey, the chief investment strategist for Inverness Counsel said.

08/03/2019

Ford creating new jobs to meet SUV demand

Ford creating new jobs to meet SUV demand

Ford is hiring more full-time workers to build best-selling SUVs.

07/25/2019

Home | Equifax Data Breach Settlement

Home | Equifax Data Breach Settlement

In September of 2017, Equifax announced it experienced a data breach, which impacted the personal information of approximately 147 million people. A federal court is considering a proposed class action settlement submitted on July 22, 2019, that, if approved by the Court, would resolve lawsuits br...

07/19/2019

House passes bill to raise minimum wage to $15 an hour

House passes bill to raise minimum wage to $15 an hour

The House of Representatives approved the Raise the Wage Act Thursday, which would boost the federal minimum wage for the first time in a decade.

07/07/2019

Fox News

Fox News

The bill would eliminate the $2.13 federal minimum wage for tipped employees in favor of a single $15 minimum wage across the board.

07/05/2019

ABC7NY

ABC7NY

The 65-footer, with a roughly 19-foot beam, is equipped with advanced technology, three staterooms and multiple entertainment lounges.