Redemption and the Dream of Economic Equality
In an update to a story we first reported on two years ago, the 24th black-owned bank, Redemption Bank, Salt Lake City, UT, is no longer a dream, but a reality. The announcement was made, appropriately enough, on June 19th,…
Is Another Housing Bubble Heading Our Way?
A Wall Street Journal (WSJ) article (June 14, 2025) reported that there were almost half a million more sellers than buyers in April. That is just one of many recent reports that caused us to pose this question. As we…
Interest Margins to Brag About
The Federal Reserve left the Fed Funds interest rate unchanged again at its meeting last week, but we know it is just a matter of time before that changes. The most important thing (for us anyway) is how banks will…