“Raising a Child Shouldn’t Break the Bank”: California Is Helping Families Save on Childcare Costs   

Bo Tefu and Antonio Ray Harvey | California Black Media   California families are paying less for subsidized childcare under new fee schedules introduced since 2019, according to information from the Public Policy Institute of California (PPIC).  The state has expanded subsidized childcare, introduced free transitional kindergarten for 4-year-olds, and increased access to before- and after-school…

Raising a Child Shouldn’t Break the Bank: California Is Helping Families Save on Childcare Costs

Black Household Wealth Plummeted 25% in Three Years, New Data Shows

By BlackPressUSA Newswire MICHIGAN CHRONICLE — A new analysis of Federal Reserve data reveals that median wealth for Black households dropped 25% between 2022 and 2025, falling from $49,100 to $36,800. This decline occurred while White, Hispanic, and Asian households experienced increases in their median net worth, further widening the national racial wealth gap. Median…

Supervisors adopt resolution supporting Legacy Village housing project

The San Bernardino County Board of Supervisors unanimously adopted a resolution on Oct. 20 in support of the San Bernardino Community College District’s Legacy Village housing project and conditionally committed $28 million from the Foster Youth Campus Reserve toward its development. An aerial view of a sprawling suburban landscape at sunset, featuring a large, U-shaped…

San Manuel Investment Authority Acquires Fairmont Scottsdale Princess

HIGHLAND, Calif. — Oct. 1, 2026 — San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation (Nation), through its affiliated entities, announced today its acquisition of Fairmont Scottsdale Princess in Scottsdale, Arizona.  “We are delighted to welcome the staff and guests of Fairmont Scottsdale Princess into the portfolio of…

FTC Takes Action Against Payment Processor Humboldt Merchant Services for Knowingly Facilitating Payment Processing for Sham Merchants

Under proposed order, defendant will be required to pay $12 million, stop payment processing for certain categories of merchants Payment processing company Humboldt Merchant Services will pay $12 million and be permanently banned from processing payments for merchants with a heightened risk of potential fraud to settle allegations that Humboldt processed payments for merchants that…

Federal Trade Commission building with columns, flags, pedestrians, and passing traffic

Medicare Open Enrollment is Coming Soon – Here’s How HICAP Can Help

Medicare Open Enrollment runs from October 15 through December 7. Because Medicare plans and coverage options can change each year, it’s important for beneficiaries to review their coverage and make sure it still meets their needs. Across California, the Health Insurance Counseling and Advocacy Program (HICAP) provides free, unbiased Medicare counseling to help older adults,…

HUD Takes Action to Make Housing More Affordable

WASHINGTON – Secretary Turner took action to make housing more affordable by rescinding burdensome guidance that made building, buying, and renting a home more expensive. HUD issued new guidance applying the Fair Housing Act’s statute of limitations to claims alleging violations of the Act’s design and construction requirements. This replaces a flawed Obama-era legal interpretation…

Trump Admin Halts Harriet Tubman $20 Bill Redesign

By BlackPressUSA Newswire The Trump administration has halted plans to place abolitionist Harriet Tubman on the $20 bill, ending a decade-long effort that began under President Barack Obama’s administration and was revived under President Joe Biden. Treasury Secretary Scott Bessent said last Monday that the department is “not at present” moving forward with the redesign,…

Credit Union Helps Students with Finances

THE CHAMPION NEWSPAPER — Delta Community Credit Union’s Cool Cash Money Camps provided financial education to about 400 students in metro Atlanta during June. These camps, launched in 2014, offer summer workshops in both in-person and virtual formats, helping youth understand financial concepts through interactive lessons. By BlackPressUSANewswire About 400 students attended Delta Community Credit…

Alpha Kappa Alpha Sorority, Inc. Celebrates New North Atlantic Regional Director

By BlackPressUSA Newswire Dr. Tonja L. Ringgold, an educator and Life Member of Alpha Kappa Alpha Sorority, Incorporated® (AKA), was installed as North Atlantic Regional Director during the organization’s 72nd Biennial International Convention on July 23 in Las Vegas. Dr. Ringgold will serve a two-year term overseeing one of the Sorority’s largest and most historic…

As the 2026 Midterms Approach, Economy Is Front and Center 

Democrats hold a modest edge on the generic ballot, while their voters are more attentive to the campaign  WASHINGTON, D.C. (July 23, 2026) –  By a wide margin, voters most want to hear congressional candidates talk about economic issues, with many specifically citing prices and affordability, according to a new Pew Research Center survey. But…

California makes a subtle but impactful change to how it finances preschools

BETTY MÁRQUEZ ROSALES California is modifying how it pays for preschool by moving the entire California State Preschool Program under the same constitutional funding guarantee that supports students in transitional kindergarten through community college. It might appear to be a simple shift from one funding bucket to another. But some education advocates say the decision…

Fractional CFO Services Are Unlocking Capital for Black Businesses

By Amy Kang As a Black-owned business, fractional CFO services can help you unlock capital by giving you the financial expertise, clean books, and investor-ready reports. These items are important, especially if you’re looking to impress lenders and investors. The right fractional CFO turns disorganized finances into reports that give you access to loans, grants,…

Understanding the Division of Assets in Divorce Process

By Billie Pollisotto The division of assets in divorce involves identifying marital property, determining its value, and distributing it according to state laws and individual circumstances. These assets can range from family homes and bank accounts to retirement funds, investment portfolios, business interests, and outstanding liabilities, making it important to understand how property is divided…

California students must soon learn personal finance to graduate. Here’s how it will be taught

By Lasherica Thornton, EdSource On a recent Friday morning, Fresno Unified high school students learned about the rise and fall of major companies in the stock market — from Walmart’s longevity to Apple’s surge past oil companies and Amazon’s emergence as a $1 trillion company. Earlier that week, students at the Farber Educational Center, an…

Ranking Member Maxine Waters Calls for Urgent Briefing from Top U.S. Financial Institutions on Emerging Cybersecurity Threats Identified by Mythos 

WASHINGTON, D.C. – June 8, 2026- Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Chief Executive Officers of leading U.S. financial institutions, including JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley, Wells Fargo, and Goldman Sachs, demanding an immediate briefing on how they are addressing…

Woman Who Won $15M Discrimination Lawsuit Against Fresno Fights Back as City Tries to Decrease Her Award

McKenzie Jackson | California Black Media  Lawyers for La-Kebbia “Kiki” Wilson, a Black woman who won a $15 million racial discrimination lawsuit against the City of Fresno in March, fired back at the city’s motion for a new trial with a pointed response, calling it a distortion of the facts.  Wilson’s attorneys, Gary G. Goyette…

The Financial Investment Moves More Young Black Investors Are Exploring in 2026

By Shikha D Wealth-building strategies that Black investors need to consider are real estate, stock market investing, long-term strategies, and entrepreneurship.  The investing world is rapidly changing to fit the growing needs of new investors. The great news is that in 2026, more and more Black investors are taking an active role in managing their…