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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

ALLENTOWN, Pa. (AP) — Activists in Pennsylvania are pressing their demand for police accountability after bystander video emerged over the weekend of an officer placing his knee on a man's head and neck area. The video was posted to Twitter by the group Black Lives Matter to Lehigh Valley.Activists say Allentown police appeared to violate their own use-of-force policy against neck restraints when an officer used his knee to bear down on the man's head. Ben Crump, the lawyer for George Floyd's family, also shared the video on Twitter.Police launched an internal probe and promised to release additional video of Saturday's incident, according to a statement. A protest dubbed "Demands Will Be Met" was scheduled for Monday night, with demonstrators planning to march to Allentown City Hall and police department headquarters. 838

Alexandria Ocasio-Cortez just went from bartender to Congress woman. But the youngest member of the House of Representatives says she's having a hard time finding affordable housing on a working-class salary. Members of Congress have to live in their home state and Washington, D.C., where homes are small and expensive. Rent ranges from ,500 to ,800 a month.For New York's Ocasio-Cortez, that means paying rent in two of the most expensive cities in the country.“To live in two major cities at 29 years old, it's not easy for anybody to do until she gets that income that she's waiting for once her job starts,” Steve Gaich, a relator in D.C., says.After winning her election, Ocasio-Cortez told the New York Times, "I have three months without a salary before I’m a member of Congress. So, how do I get an apartment? Those little things are very real."Other members of Congress have admitted to sleeping on cots and couches in their congressional offices, while some share apartments and homes.“I think the sticker shock does take people back sometimes, and they don't realize I’m paying 0 a month for a full house in Kansas or in Iowa, and 0 might get you a shared room in a house in D.C.,” Gaich says.Members of the House make 4,000, and Ocasio-Cortez admits she'll be fine once she starts receiving a paycheck. But is it enough for the average American to afford to serve in Congress?  “I don't think you have to be rich to run for Congress. I think she has shown that's an example of someone that's not that wealthy and doesn't have a lot of support coming financially, so I think she's definitely paved the way for a lot of other normal average working, modest income people to be able to run for Congress,” Gaich says. 1757

Actress Ashley Judd has sued Harvey Weinstein, alleging the disgraced former film executive made inflammatory statements about her that hurt her career, according to court documents obtained by CNN.Judd's suit alleges that Weinstein deterred director Peter Jackson, who oversaw the "Lord of the Rings" trilogy, and his producing partner Fran Walsh from working with Judd on the films, a move that not only "torpedoed" her opportunity to star in the Academy Award-winning franchise but also cost her additional work.She claims to have met with Jackson and Walsh in or around 1998 to discuss two different roles in the film, but the pair "dropped their pursuit" of her for the project after Weinstein told them the studio had "a bad experience" working with Judd, according to the lawsuit."The pathetic reality, however, was that Weinstein was retaliating against Ms. Judd for rejecting his sexual demands approximately one year earlier, when he cornered her in a hotel room under the guise of discussing business," the suit states.Jackson first revealed Weinstein's comments in an interview back in December 2017, months after Weinstein began facing a host of allegations.To date, the allegations against Weinstein range from harassment to rape, include the stories of more than 80 women and span several decades.Through a spokesperson, Weinstein, who co-founded Miramax and the Weinstein Company, has repeatedly denied "any allegations of non-consensual sex."A representative for Weinstein also denied the allegations that he smeared Judd's name."The most basic investigation of the facts will reveal that Mr. Weinstein neither defamed Ms. Judd nor ever interfered with Ms. Judd's career, and instead not only championed her work but also repeatedly approved her casting for two of his movies over the next decade," said a statement from Weinstein's attorney, obtained by CNN.Judd starred in "Frida," which was distributed by Miramax in 2002, and "Crossing Over," which was distributed by The Weinstein Company, in 2009.The statement from Weinstein's attorney also claims he "fought for Ms. Judd as his first choice for the lead role in 'Good Will Hunting' and, in fact, arranged for Ms. Judd to fly to New York to be considered for the role."Actress Minnie Driver was eventually cast in the role."We look forward to a vigorous defense of these claims," Weinstein's statement added. 2390

After Johnny Bobbitt Jr., a homeless man with just in his pocket, gave stranded motorist Kate McClure the money for gas last October, the woman and her boyfriend raised 0,000 to help him out.But the feel-good viral story recently devolved into a feud over how much money Bobbitt had yet to see.The case went to a New Jersey court on Thursday, where a judge ruled the couple needs to provide a full accounting of where the money has gone and said until then the remaining money needs to be turned over to Bobbitt's legal team and kept in a trust.According to CNN affiliates WPVI and KYW, McClure and Mark D'Amico had the money they raised on GoFundMe in their personal accounts, Bobbitt's lawyer said.The two sides differed as to how much had been disbursed. McClure's and D'Amico's attorney said they had provided Bobbitt with more than 0,000, WPVI and KYW reported. Bobbitt's lawyer, Chris Fallon, said the amount was about ,000.CNN called Ernest Badway, an attorney for the couple, who said he had no comment. In court he told the judge the couple "have said they will have a forensic accountant. They have said they are fine with the trustee. They have said they will open up the books. What more can they do?"He urged the public to withhold judgment until the accounting of the money was finished.The judge wants that done by September 10, WPVI reported.KYW reported the judge ordered the remaining money put in trust on Friday."What I would say to those people is thank you for your generosity," Fallon said outside court, "and we'll work hard to make sure that that money gets spent the way you all wanted it spent."Some of the money went to GoFundme administrative fees.In an interview earlier this week with The Philadelphia Inquirer, McClure said she and D'Amico did what they could to help Bobbitt, who has a drug addiction, according to Fallon. The couple told the newspaper they gave Bobbitt more than half the money but were withholding the rest until he gets a job and is drug-free.The-CNN-Wire 2029