By Chauncey Alcorn, CNN Business JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new initiative is dubbed “Empowering Change.” It’s designed to help banks that are majority-owned or directed by people of color provide JPMorgan-backed money market funds to large
MoreOpinion by Bhaskar Chakravorti Covid-19 has disproportionately devastated the Black community. Black Americans are dying from the coronavirus at nearly twice the rate of White Americans — and have been hospitalized nearly three times as often, according to data from the US Centers for Disease Control and Prevention. Black Americans, who make up a disproportionate
MoreOpinion by Persis Yu On the campaign trail, President Joe Biden promised to cancel at least $10,000 of federal student loans for all borrowers in response to the Covid-19 crisis. Over 60 lawmakers and 17 state attorneys general have called on him to go further and cancel up to $50,000 administratively. When Biden was asked
MoreBy Chloe Melas, CNN Matt James, the star of ABC’s “The Bachelor,” is breaking his silence on the controversy that has enveloped this season of the series. James, who is the show’s first Black lead bachelor, addressed Chris Harrison’s announcement that he would step aside as the host of the franchise for an undetermined length
MoreBy John Blake He was a shy man who didn’t lead marches or give dramatic speeches. But Howard Thurman was a spiritual genius who transformed history. Thurman was a pastor and professor and mystic whose groundbreaking book, “Jesus and the Disinherited,” was a condemnation of a form of Christianity which Thurman said was far too
MoreBy Matias Grez, CNN Naomi Osaka powered her way to a second Australian Open title with a comprehensive straight sets victory over grand slam final debutante Jennifer Brady. The match had all the makings of an epic final during a tight first set, but Osaka’s class and experience ultimately proved too much as she raced
MoreBy Toyin Owoseje, CNN College gymnast Margzetta Frazier received the call of a lifetime after going viral with a spectacular floor routine set to some of pop star Janet Jackson’s greatest hits. Earlier in February, the University of Californian athlete took the internet by storm and scored an impressive 9.925 out of 10 at UCLA’s
MoreBy Jennifer Hansler and Richard Roth, CNN The Senate confirmed Linda Thomas-Greenfield to be the next US Ambassador to the United Nations Tuesday. The vote was 78-20 and her confirmation comes less than a week before the United States’ presidency at the UN Security Council for the month of March. Following her swearing-in, she will
MoreBy Nick Paton Walsh, CNN Scientists working for the Pentagon have successfully tested a solar panel the size of a pizza box in space, designed as a prototype for a future system to send electricity from space back to any point on Earth. The panel — known as a Photovoltaic Radiofrequency Antenna Module (PRAM) —
MoreBy John Bonifield The United States can expect to see a total of 240 million doses of Covid-19 vaccine by the end of March, drug companies told a House subcommittee Tuesday. Pfizer and Moderna — the two companies with Covid-19 vaccines authorized for emergency use in the United States — have pledged to make a
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