(ThyBlackMan.com) The number of black-owned businesses grew much faster than the national rate during the five years before the recession began, according to data released Tuesday by the U.S. Census Bureau. The ranks of black firms shot up more than 60 percent from 2002 to 2007, compared with the overall national ...

(ThyBlackMan.com) In an agreement formally announced today, Magic Johnson Enterprises — in partnership with the Yucaipa Cos. — has invested in Vibe Holdings, LLC. This investment will make the NBA legend chairman of the media company that owns Vibe magazine, in addition to other well-known brands like the television franchise ...

(ThyBlackMan.com) Progress of a whole generation is just gone… The Great Recession has been hard on almost everyone, but it’s been really tough on black households, who have seen much of the economic progress of the past generation disappear… Despite high-profile success stories such as Barack Obama or Oprah Winfrey, ...

(ThyBlackMan.com) In my days working as a Legal Assistant at a Bankruptcy Prevention Law Firm, I witnessed some of the dirtiest deeds done by Debt Collectors. In this article, I’ll reveal two of these despicable deeds, so hopefully you won’t be destined to be a victim of them. 1. Suing ...

(ThyBlackMan.com) Cam Newton is a mega-star quarterback at Auburn University. His game is like no other, and there are quite a few experts who think he could win the Heisman Trophy. But his chances at the trophy have been undermined by recent allegations that a sports agent asked for money ...

(ThyBlackMan.com) I went to see the film, “The Social Network” during my visit to New York City this week. I was in town filming my project with MSN called ‘The Invested Life‘ and interviewing some Obama Administration officials during pre-election coverage with Rev. Al Sharpton, so I was ready for a ...

(ThyBlackMan.com) I received an e-mail from someone by the name of Van. I think that Van works for CNN and his job is to promote the netowrk’s latest ‘Black in America’ special. This special is referred to as ‘Almighty Debt,’ which digs into the financial condition of the African American ...

(ThyBlackMan.com) – Almighty Debt: A Black in America Special (AIRS OCT. 21 on CNN), told through the 7,000-member First Baptist Church of Lincoln Gardens, New Jersey, explores how an institution central to African-American communities for generations is helping them survive the worst financial crisis since the Depression. Every leading indicator ...

(ThyBlackMan.com)  – Almighty Debt: A Black in America Special (AIRS OCT. 21 on CNN), told through the 7,000-member First Baptist Church of Lincoln Gardens, New Jersey, explores how an institution central to African-American communities for generations is helping them survive the worst  financial crisis since the Depression. Every leading indicator – ...

(ThyBlackMan.com) I’ve been working on a project with MSN called “The Invested Life” over the past several months. One of the things that came up on a regular basis was dealing with the passing of a loved one, and how this might affect us all financially. The person I worked ...

(ThyBlackMan.com) The recent news that senior citizens and others won’t be getting an increase in their Social Security checks in 2011 caused groans among all recipients. But not receiving a Social Security cost-of-living adjustment will hit African Americans and Latinos particularly hard. That’s because African Americans and Latinos rely on ...

(ThyBlackMan.com) CreditCards.com has a nice article out on 9 Credit Score Myths That Do More Harm than Good. Some of the myths they debunk include: • Closing out old, inactive accounts will help your score • Opening (but not using) accounts will help your score • Paying off old debts ...