Category: Black Education

Australian money manager Perpetual sold off some government bonds and cut its cash holdings in its flagship fixed-income fund following the Federal Reserve’s recent decision to reduce its balance sheet at a slower pace.

A high cost to borrow is also resulting in higher yields for investors in some mortgage bonds.

Private-label products are gaining in quality and market share in the U.S., following a playbook mastered in Europe.

Federal Reserve and FDIC say banks need to improve emergency plans to reorganize in bankruptcy.

The benchmark index is up 15% this year.

Here are some of the major companies whose stocks moved on the week’s news.

Derivative strategies in ETFs allow investors to chase stock returns while also offering protection against a potential market downturn.

The chip maker’s valuation is nowhere near those seen in dot-com boom, but recent gains have erased the stock’s discount relative to its projected earnings. Expect more volatility.

Your “spidey sense” is no match for the new wave of scammers.

By Kelli Sharpe Tennessee State University is bringing artificial intelligence to the masses. Starting June 5, 2024, the university will host the A.I. FOR ALL: Open Education Summit , at the Avon Williams Educational Site. The two-day technology event will explore the heart of innovation, with the goal of show casing how artificial intelligence is within reach for everyone. During the opening session, TSUs AI robotic dog Blue and his pup greeted the crowd. The AI dogs will be making appearances throughout the summit. Some of the topics will include Ethics and Policies for A.I., A.I. Tools for Every Stage of Education, The post TSU Hosts Groundbreaking A.I. Summit appeared first on HBCU News.

Courtesy of Texas Southern University KTSU 90.9 FM is adding legendary radio presenter Lawrence “Funky Larry” Jones, affectionately known as “Uncle Funky,” to the station’s esteemed lineup. With a broadcasting career spanning over 50 years, including more than 30 years in Houston, Uncle Funky brings his iconic voice, rich experience, and deep community connections to KTSU. In discussing his new venture, Uncle Funky shared, “This is a God assignment. I’m here because of God’s grace, and my gifts and talents fit the vision of Mr. Walker and the family at KTSU. I was called to come and bring 51 years The post KTSU Adds Legendary Broadcaster Uncle Funky Larry Jones appeared first on HBCU News.

Courtesy of North Carolina Central University North Carolina Central University (NCCU) is welcoming a new chancellor. Karrie Dixon will be the HBCU’s 13th chancellor starting July 1. “North Carolina Central has a rich legacy and history, and the role that it plays in the community is strong,” Dixon said in an announcement meeting on Thursday, according to The News & Observer. “I just want to leverage that and build partnerships across Durham.”  She said her new role is a “dream come true.” “NCCU embodies grit, innovation, leadership, purpose and legacy, and I am committed to building on our rich traditions and ensuring that The post North Carolina Central University Announces New Chancellor Karrie Dixon appeared first on HBCU News.