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The FDIC is preparing to hand Citigroup a failing grade on its living-will plan, the latest rebuke for the megabank that has struggled to stay in the government’s good graces.

Information technology was the S&P 500’s best-performing sector, with chip makers having a particularly good day.

Central banks around the world expect global reserves of gold to increase over the next year, while pessimism toward the dollar has grown, according to a World Gold Council report.

Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.

A real-estate billionaire’s policies set off an eight-year battle over the payout.

A business that has long stood in the shadows of pretty much everything else in Citi’s portfolio makes up half of its total profit. An investor day Tuesday highlighted its hidden value.

The chip maker led by CEO Jensen Huang ended Tuesday as the most valuable listed U.S. company and helped push the S&P index to a fresh high.

Courtesy of Morgan State University Morgan State University’s Office of Safety, Health and Environment (OSHE) was recognized with the Health and Safety Award of Excellence by the State Employee Risk Management Administration (SERMA). The award was presented at the annual SERMA Conference, held in Baltimore, Maryland, on May 23, 2024. Upon accepting the award for his eight-member staff, Dwayne L. Jackson, associate director of OSHE, said, “Receiving this award sends a strong message to our employees that safety is not just a one-time occurrence but rather a change of mindset: continuing to be proactive in all we do in order to The post Morgan State’s Office of Safety, Health and Environment Receives SERMA National Award of Excellence appeared first on HBCU News.

Courtesy of Texas Southern University Janai Minga didn’t choose Texas Southern University. “I really say Texas Southern University chose me,” she said. Minga was looking for two things coming out of high school: an HBCU and the best pharmacy program. A lifelong cheerleader, an audition for TSU cheer in 2017 helped her find both. “I drove all the way down from North Carolina, 17 hours, with my dad. But it was an adventure. When I got here, I tried out and made the team and I said this is the school. I love Houston. I love TSU. I love the The post Former Miss Texas Southern and Newly Minted PharmD Heading to Philadelphia to Begin Pharmaceutical Journey appeared first on HBCU News.

By Alexis Clark Tennessee State University is offering over 20 summer camps for all ages to keep children engaged for the next three months. This is great news for Metro parents as more than 86,000 students, from pre-school to high, will be out of school for summer. Children will have plenty of opportunities to enjoy academic and athletic camps at Tennessee State University. The camps include athletics, the arts, and educational enrichment activities that will also help them retain what was learned during the school year. From NABA Inc.’s Accounting Career Awareness Program, which aims to empower high school students The post TSU Offers New Summer Camps For All Age Groups appeared first on HBCU News.

By Sarah Beth Guevara Howard University becomes the first Historically Black College or University (HBCU) to partner with the Pentagon for military technology research featuring a five-year, $90 million contract. The research center is the first Department of Defense university research center sponsored by the Air Force and will focus on tactical autonomy, according to president of Howard University Wayne A.I. Frederic. The vice president of research at Howard University, Bruce Jones, said that the $90 million contract is the largest research contract signed by a HBCU in history. “Howard has always made history, and it’s always been dedicated to The post Howard University becomes first HBCU to partner with the Pentagon appeared first on HBCU News.

By CherRae Dickerson Coppin State University received a personnel preparation grant from the Office of Special Education Programs (OSEP) within the U.S. Department of Education. This $1.2 million grant will fund Project Special Educators Qualified to Uplift Exceptional Learners (SEQUEL), which aims to improve literacy, math, and social-emotional outcomes for school-age children with disabilities, particularly those who are children of color or multilingual. Project SEQUEL will provide 20 diverse rural scholars with the coursework and experiences necessary to earn a B.S. in Special Education and initial certification to teach students with disabilities in grades 1-8. This initiative will not only The post Coppin State University Awarded $1.2 Million to Train Diverse Special Educators in Maryland appeared first on HBCU News.