Bank of America will hike its minimum wage to $20

Bank of America is raising its minimum pay to $20 an hour for its more than 205,000 employees.

Wells Fargo unloads retirement-plan unit for $1.2 billion

Wells Fargo is saying goodbye to its retirement-plan business as the bank continues to grapple with a penalties, legal fees and a backlash over its scandals.

OneUnited Bank Announces 9th Annual "I Got Bank" Youth Financial Literacy Contest

For National Financial Literacy Month, OneUnited Bank, the nation's largest black-owned bank, is proud to announce its 9th Annual "I Got Bank!" Financial Literacy Contest where ten children will win a $1,000 savings account. The contest represents the best essays ...

MoneyLIVE - Financial Literacy and Scholarship Event for Students

Alliance Financial Ministries, Inc. will host its 7th annual one-day student financial literacy event. This FREE event is for high school students who desire to learn about and prepare for their financial future. MoneyLIVE is a fun interactive, event designed ...

How to Prep Financially When Changing Jobs

The average American will hold 11.7 jobs between the ages of 18 and 48, according to The Bureau of Labor Statistics. If a job change is on your horizon, remember that a new salary and benefits package bring new financial ...

Let's Tax About It

Tax refunds are being issued, so, what's next? Team Style Mag sits down with top industry experts Jacqueline Muhammad, EA (CEO of Society of Wealth LLC) and Shani Curry St.Vil (Personal Finance Expert and creator of Purse Empowerment) as they ...

Tax Season Tips to Avoid Scammers and Robocalls

It’s tax season. The time of year when phone scammers get particularly aggressive trying to trick you out of your hard-earned money. And scam calls and robocalls are a growing problem for everyone. Here are a few tricks to help ...

READ: Trump's 2020 budget proposal

President Donald Trump delivered a 2020 budget to Congress on Monday that cuts spending across the board yet still isn't projected to balance for 15 years, even with ambitious economic growth forecasts. The President's blueprint also revisits the political fight ...

Interviewing while Black: How race affects salary negotiations

We talk a lot about the gender pay gap in the United States. Rightfully so. It is shameful that women made only 80.5 cents for every $1 earned by their male counterparts in 2017, according to data from the Institute ...

Wells Fargo to Host Holiday Mobile Pop-Up Food Bank at Discovery Green

Wells Fargo and Feeding America are joining together to fight hunger this holiday season. Wells Fargo is hosting a holiday mobile pop-up food bank at Discovery Green as part of its second annual Holiday Food Bank Program. Community members can ...

Wells Fargo Launches Control Tower SM, New Digital Experience for Customers Nationwide

Many Americans have memberships and subscriptions they pay for, but do not use; say having a digital organizer would be beneficial

JPMorgan settles with black financial advisers who alleged discrimination

JPMorgan Chase will pay $24 million to settle a potential lawsuit from black financial advisers who say they were mistreated at the bank because of their race.

Look out Apple! Amazon may soon be worth $1 trillion too

Apple may soon have some company in the trillion dollar club. Amazon is worth about $940 billion. Shares of Amazon popped 2% Monday to hit a new all-time high. The stock only needs to go up another 7% for the ...

Need student loans? FAFSA now has an app

Americans will finally be able to apply for federal financial aid on their phones.

Apple profit soars; Tariff threats; Tesla earnings

Apple profits: Apple sold essentially the same number of iPhones last quarter as it did a year prior, but sales and profits soared as it made more money from higher-priced devices