billion

Federal Judge Pauses $4 Billion Federal Relief Program For Black Farmers As White Farmers Cry Discrimination

A federal judge in Wisconsin ordered a temporary stop to the $4 billion federal loan relief program addressing decades of inequities farmers of color have experienced after a group of white farmers fi...

Black Economist Seeking Accountability From SEC On $65 Billion in Black Lives Matter Pledges By Companies

Pursuing some accountability, a Black economist has filed a petition with the Securities and Exchange Commission (SEC) to require companies to report on Black Lives Matter (BLM) pledges. The request b...

Germany to Pay $1 Billion in Reparations to African Country

Germany is giving reparations to Namibia, a country in southern Africa, after formally recognizing that its colonial troops committed genocide at the beginning of the 20th century. Reported by The Wal...

Black American Borrowers Obtain Over $14 Billion In PPP Loans, While Others Miss Out As Funding Unexpectedly Ends

Black or African American borrowers this year got over $14 billion of Paycheck Protection Program  loans. Under that category, 714,501 loans worth around $14.1 billion were approved as of May 16, U.S....

Biden Administration Says It Can Raise $700 Billion If The IRS Targets Tax Cheats

President Joe Biden wants to crack down on rich taxpayers hiding a big chunk of their income from the Internal Revenue Service (IRS). President Biden wants to target rich tax cheats to help fund his A...

Byron Allen’s Big Mac Attack: Suing Company for $10 Billion For Racial Discrimination

Byron Allen, the founder of Allen Media Group, which owns Entertainment Studios Networks, Inc, the parent firm of theGrio and the Weather Group, LLC, is suing McDonald’s for racial discriminatio...

Large Banks Are Fighting President Biden’s $4 Billion Debt Relief For Black Farmers

In March, President Joe Biden provided $5 billion for Black farmers, now large U.S. banks are fighting the relief package saying the government initiative helping Black farmers, who’ve been igno...

BET Founder Bob Johnson Proposes $30 Billion Tax Incentive For Those Who Invest In Black Businesses

BET and RLJ Cos. founder Robert Johnson has proposed a program that will revolutionize the way Black businesses gain access to capital. The Better Opportunity and Outcomes for Socially Disadvantaged T...

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