By: LaRey Wright The battle over how to federally fund Historically Black Colleges and Universities is leaving these institutions hanging in the balance. On October 1, the current funding for HBCU’s expired when Congress failed to extend it. These finances are used for faculty and curriculum development, campus infrastructure improvements and student services. Without proper … Continue reading
Tag Archives: finance
Stocks muddle along following US jobs report; bonds steady
Stocks held steady on Friday after a report showed that the U.S. job market strengthened last month, but not by quite as much as expected. Bond and commodity markets were also relatively quiet, with few big moves. KEEPING SCORE: The Standard & Poor’s 500 index was close to flat at nearly 2,580, as of … Continue reading
Bank of England: 10,000 financial job losses on Brexit Day 1
LONDON (AP) — Britain’s finance industry could lose 10,000 jobs on the first day after the country leaves the European Union, the Bank of England warned Wednesday, as it urged the government to swiftly reach a transitional deal to smooth out the process. Sam Woods, the central bank’s deputy governor for prudential regulation, told a … Continue reading
US stocks rise as tech and machinery companies lead the way
NEW YORK (AP) — U.S. stocks are making solid gains in Monday morning trading as machinery and technology companies move higher. Energy companies are up with the price of oil. KEEPING SCORE: The Dow Jones industrial average jumped 114 points, or 0.6 percent, to 18,238 as of 10:25 a.m. Eastern time. The Standard & Poor’s … Continue reading
US stocks climb for the second day as energy companies jump
NEW YORK (AP) — U.S. stocks are continuing to climb Wednesday as energy companies, banks and mining and chemicals companies all trade higher. Hewlett Packard Enterprise agreed to sell a business to Computer Sciences, and both stocks are jumping. European stocks are rising after a deal to get Greece more rescue loans. KEEPING SCORE: The … Continue reading
Spartan Echo exclusive: Interview with President Moore on tuition, fees, and costs
by Shareen Nicholson and Tiana Allen In an exclusive interview with the Spartan Echo on Monday, March 28, President and CEO Eddie N. Moore, Jr. discussed the increases in tuition and fees for the upcoming school year. On Mar. 18, the Norfolk State University Board of Visitors voted to set tuition and fees for the … Continue reading
IMF approves $17.5Bn credit program for Ukraine
KIEV, Ukraine (AP) — The International Monetary Fund agreed Wednesday to extend $17.5 billion in loans to Ukraine as part of a program designed to pull the country back from the verge of economic collapse. IMF managing director Christine Lagarde said in a statement that the new four-year extended arrangement will support economic stabilization and … Continue reading
S&P downgrades Greek credit rating amid concerns over cash
ATHENS, Greece (AP) — The pressure on Greece’s new government to conclude a deal with bailout creditors ratcheted up Friday as Standard & Poor’s cut its credit rating on Greece further into junk status and warned over the country’s possible exit from the 19-nation eurozone. Even though the ratings agency lowered Greece’s long-term rating … Continue reading
After pope visit, Philippines counts cost, talks up benefits
MANILA, Philippines (AP) — When the pope comes to town a big bill awaits the host country, but the mammoth crowds whipped up by the Roman Catholic Church leader also offer plenty of good business. In pope-adoring Philippines, which hosted the pontiff for a five-day visit that ended early this week, a massive logistical … Continue reading