WASHINGTON (AP) — How much will Bank of America’s expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar. Inflated figures make sensational headlines for the Justice Department, and $17 billion would be the largest […]
Ladies and gentlemen. We have a new member of the “I Owe the IRS” club. According to the JasmineBrand.com, Jasmine Guy has been hit with a tax lien totaling $27,523.86. In July, former “A Different World” star was notified that she failed to pay $13,721.26 in 2008 and $13,802.60 in 2012. Guy’s IRS ordeal comes […]
Apparently, money can’t buy a good accountant. Ne-Yo, real name Shaffer Smith, has filed a lawsuit against his one-time ”manager, confidant, trusted adviser and friend” Kevin Foster in Manhattan’s Federal Court in New York City, claiming the man swindled him out of $4.5 million. In court documents obtained by the New York Daily News, the […]
WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership […]
It’s wedding season, but before the happy couple can tie the knot, there is another not-so-romantic topic that all newlyweds or engaged couples need to…
Forbes has just released its most powerful hundred celebrities and guess who’s on top? That would be one Beyonce Giselle Knowles, clocking in at #1. And no, we didn’t say it’s the list of most powerful Black celebrities, this is a list that looks at celebrities overall. Forbes says Beyonce’s #1 because in the last […]
MAHWAH, N.J. (AP) — Two New York men are suing the New Jersey Lottery after they threw out a Powerball ticket worth $1 million. Salvatore Cambria and Erick Onyango, of Suffern, New York, argue in their federal lawsuit that the lottery didn’t quickly update its website with the winning numbers from the March 23 drawing. […]
They say money can’t buy happiness, but Ne-Yo has a few more things to add to that list. On his latest single “Money Can’t Buy” featuring Young…
Reggae/pop artist Sean Kingston has landed in some hot water. The “Take You There” singer is being accused of orchestrating a robbery of a club…
SEATTLE (AP) — Seattle activists celebrated a successful campaign to gradually increase the city’s minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between rich and poor. The Seattle City Council unanimously passed an ordinance Monday that would give the city the highest minimum wage in the […]
An anonymous someone in San Francisco is dropping white envelopes full of cash all across San Francisco. And D.L. Hughley is recognizing this benevolent someone as this week’s Human Being of the Week. The unknown man, with the Twitter handle @HiddenCash, has been hiding money throughout the city since Friday, leading scores of people on a scavenger […]
Rapper/singer Cee-Lo Green‘s wallet is feeling the consequences of not fulfilling his contractual obligations. The former “The Voice” judge signed on to perform in Arkansas…
