Posted inTimes Weekly News

Supply chain crisis hits home

Joliet has one of the largest inland ports in the nation. Center Point Intermodal Center (CIC) – Joliet/Elwood is the largest master-planned inland port in North America. Getting goods and services to consumers both nationally and locally is topping the news cycle right now and for good reason as the country is experiencing a serious supply problem.
The national supply problem is hitting home with shortages experienced in the Joliet area.

Posted inTimes Weekly News

COVID-19 scams target Blacks, other people of color FTC report reveals new and continuing financial fraud

Just as the annual holiday season of shopping and celebrating nears, a major federal financial regulator released new research detailing how communities of color not only are targeted by well-known types of predatory lenders, but new forms of fraud seek to exploit consumers in the throes of the COVID-19 pandemic. Published by the Federal Trade Commission (FTC), Serving Communities of Color summarizes the agency’s five-year effort focused on the financial ills imposed upon communities of color. Since 2016, FTC filed more than 25 actions alleging conduct that either targeted or disproportionately impacted communities of color. Cases challenged unlawful practices by auto sellers, for-profit schools, money-making opportunities, student debt relief schemes, and more.

Posted in#NNPA BlackPress, Business, Community, Economy, Financial Management, Homeownership, National, News, NNPA, NNPA Newswire, Press Room

PRESS ROOM: American Fintech Council Announces New Key Hires

NNPA NEWSWIRE — “The American Fintech Council is excited and grateful that each of these women are joining our effort to help build a financial services industry that is more inclusive and diverse,” said Garry Reeder, AFC CEO. “Their leadership will benefit the fintech industry and the consumers that we serve.”

Posted in#NNPA BlackPress, Advice, Coronavirus, COVID-19, Crime, Economy, Education, Family, Featured, Health, Lifestyle, National, News, NNPA, NNPA Newswire

PRESS ROOM: NeighborWorks America Launches StopHomeScams.org to Empower Homeowners and Renters

NNPA NEWSWIRE — “We believe this effort to prevent housing scams is particularly important during a time when far too many families, including people of color impacted by the economic downturn caused by COVID-19, are facing financial challenges,” said Eileen Fitzgerald, head of housing affordability philanthropy with the Wells Fargo Foundation.

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