Category: Black Education

Crypto venture capitalists and founders are counting on the incoming administration and a new pressure campaign to repair relationships with big banks.

The U.S. dollar rose and could rise further if inflation data are higher than expected, Brown Brothers said.

U.S. stock futures were muted, split between small gains and losses as traders await consumer-price index data.

Copper and aluminum both fell and MUFG said base metals are likely to trade sideways in the short-term given tariff risks.

Treasury yields were higher and could rise further if inflation data are higher than expected, Brown Brothers said.

U.S. natural gas prices rose as cold temperatures sweep across the Midwest toward the Northeast.

The Vienna-based cartel cut the forecast for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker global consumption.

By Gary Fineout Nearly a year ago, the political future of Ron DeSantis appeared to be buried in the snow alongside the highways of Iowa he had spent weeks criss-crossing, ahead of a second-place thumping at the hands of Donald Trump in that state’s crucial caucuses. Now, Trump’s trip back to the White House is helping revitalize DeSantis’ fortune, giving him an opportunity to further cement his legacy in Florida — or even hand the governor a prestigious spot in his administration running the Pentagon. Either path could put him in a place for another run for president in 2028, The post DeSantis’ political future widens as Trump dangles Defense chief job appeared first on HBCU News.

Courtesy of Voorhees University In a remarkable display of community support and tradition, the Epsilon Omega Chapter of Kappa Alpha Psi Fraternity, Inc. made a memorable contribution to Voorhees University during the halftime of the highly anticipated homecoming basketball game. The chapter donated 13 brand-new flat-screen televisions to their cherished alma mater, enhancing the campus experience for students and faculty alike. The presentation was a celebratory moment, marked by the presence of active brothers from the campus and alumni who returned to join in the festivities. As the brothers revealed their generous donation, the crowd erupted in cheers, recognizing the The post Voorhees University Receives Television Donations from Kappa Alpha Psi Fraternity, Inc. appeared first on HBCU News.

By Sara Weissman Next year, Howard University is expected to gain Research-1 status, the coveted Carnegie Foundation classification for doctoral universities with very high research activity. HBCU leaders and experts say Howard’s ascendance would be a win for the entire sector as more historically Black institutions strive to make it into the upper echelons of research. Currently 10 other HBCUs have R-2 status, connoting high research activity; a couple are already hot on Howard’s heels, falling just shy of meeting the criteria for next year. R-1 status has become a badge of honor in the higher ed world, known to The post Howard Expects to Gain R-1 Status. Other HBCUs Will Follow. appeared first on HBCU News.

Courtesy of Morgan State University Morgan State University’s Entrepreneurial Development and Assistance Center (EDAC) has secured funding to enhance two of its impactful outreach initiatives aimed at advancing the center’s mission. Specifically, the Small Business Administration (SBA) has awarded EDAC $1.5 million to support the Returning Citizens Inspired to Develop Entrepreneurial Ventures (RIDE) Entrepreneurship Center and $700,000 for the Government Certifications Contracting and Matchmaking Solutions Center. Both programs are designed to empower aspiring entrepreneurs by providing essential resources and assistance to help participants effectively navigate the complexities of the business landscape. This funding was made possible through the FY24 Omnibus Spending Bill with the The post SBA Awards $2.2 Million to Morgan’s Entrepreneurial Development and Assistance Center to Establish New Entrepreneurship Outreach Initiatives appeared first on HBCU News.

By Sylvan Lane The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked slightly higher to 4.2 percent, marking a significant improvement from a weak October jobs report. The U.S. added just 24,000 jobs in October, according to revised figures released Friday. Economists expected the U.S. to add roughly 200,000 jobs in November and for the jobless rate to hold at 4.1 percent, according to consensus estimates. The November jobs report comes a week before the Federal Reserve The post US adds 227,000 jobs in November, rebounds from October slump appeared first on HBCU News.