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According to analysis by Lending Tree, Black borrowers are more than twice as likely to be denied credit than white Americans.According to the data, 57% of loan applications by Blacks making ,000 to 0,000 were rejected or approved for amounts lower than request, compared to just 22% for whites. Blacks making 0,000 or more annually had 31% of their applications rejected or approved for lower amounts than requested, compared to just 10% for whites.The analysis also found that Black Americans with college degrees experienced more debt. The study found that Black bachelor’s degree recipients had 20% more student loan debt than whites with bachelor’s degrees."It's encouraging that Americans are having these conversations more openly and with more vigor and purpose,” Tendayi Kapfidze, chief economist at LendingTree, said. “Highlighting these racial disparities shows that systemic issues have held back generations of our fellow citizens. It is ultimately to the detriment of everyone as the economy is deprived of our best efforts by denying opportunities to many capable people. The creation of these disparities was and is often government-sanctioned and enforced, and so they should be addressed via legislative remedies in addition to societal change."Compounding the challenges for Blacks to obtain lending, the data showed that the median net worth of Black families is one-tenth of those of white families.Lending Tree said it used 2018 Bureau of Labor Statistics data, 2020 Economic Policy Institute report, various Federal Reserve data, 2020 Federal Reserve Bank of St. Louis data, 2017 National Center for Education Statistics report, 2020 Pew Research Center report and U.S. Census Bureau to conduct its analysis.To read the full study, click here. 1783
A police chief in North Florida is receiving praise on social media after a tweet that called for any police officer to quit now if they are not willing to run toward gunfire.FULL COVERAGE:?Parkland school shootingThe tweet was made by Atlantic Beach Police Chief Michelle Cook after Broward County Sheriff Scott Israel said the deputy on duty during the Parkland shooting?at Marjory Stoneman Douglas High School on Feb. 14?failed to take action.Cook said in the tweet that she wouldn't even be mad if an officer decided to quit since "innocent lives depend on us to act."If you are a police officer and you think to yourself for even one second that you will not be able to run towards the gunfire...please quit now. We won't be mad. Innocent lives depend on us to act #dontletthemdown— Michelle Cook (@Wunulub) February 23, 2018 858

Actress Whoopi Goldberg is urging Disney to honor Chadwick Boseman by building a Wakanda theme park.Boseman portrayed Black Panther/King T'Challa in the Marvel blockbuster superhero movie "Black Panther."The character ruled over Wakanda, a fictitious kingdom in Africa.The actor's 4-year battle with colon cancer ended Friday, his family said in a statement.On Sunday, "The View" co-host posted on Twitter to call on Disney to not build "another Frozen land BUT what we could use is Wakonda (Sic)." 506
A White House official has spent about three months in the hospital recovering from severe complications following a COVID-19 diagnosis, including the amputation of his right foot and lower leg, according to multiple sources.Crede Bailey is the director of the White House security office and contracted COVID-19 in September. He was reportedly hospitalized shortly before the September 26 event at the White House officially nominating Justice Amy Coney Barrett, according to The Hill.A friend told Bloomberg Bailey’s family asked the White House not to publicize his condition, and President Donald Trump has not acknowledged Bailey’s illness.Bailey’s friends have set up a GoFundMe account to help pay for the White House official’s and his family’s “medical and healing expenses necessary as a result of Crede's COVID-19 illness and the life-altering results.”In an update posted on December 7, the fundraiser’s organizer, Dawn McCrobie posted a big update on Bailey’s condition.“Crede has recently been released from the ICU and is now at a full-time rehabilitation center where he is focused on gaining strength and learning to live a new normal. Crede beat COVID-19 but it came at a significant cost: his big toe on his left foot as well as his right foot and lower leg had to be amputated,” the update reads.McCrobie said Bailey will be fitted for a prosthetic leg in the next few months.The fundraiser has gotten more than the ,000 in donations they were originally seeking. In her updates, McCrobie says the money will be used not only for medical bills, but also to help renovate Bailey’s home to be more accessible for a wheelchair.Bailey oversaw the security office, which handles credentialing for access to the White House and works with the Secret Service on security measures. 1804
Amazon is postponing it's Prime Day sale because of the pandemic.The massive sales bonanza normally takes place in mid-July.Amazon told CNN that they would be holding Prime Day "later than usual."The company says it will share more details soon.Prime Day is Amazon's version of Christmas in July, and sales during the two-day event have consistently outpaced Black Friday sales.Prime members in India are in luck, however.Amazon announced prime day there is on for August 6 and 7.Everyone else will have to wait. 520
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