morehouse college

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...

Aww Damn: Black Billionaire Who Promised To Pay Tuition Debt of Morehouse Students Admits To Tax Fraud

Source: Paras Griffin / Getty Robert Smith, the Black billionaire who promised to pay the student loan debt of Morehouse College graduates in 2019, is in deep trouble with the Internal Revenue Service. According to the Department of Justice, Smith used third party accounts to conceal his income and commit tax evasion from 2000 to 2015. The DOJ stated that Smith, who is the CEO of Vista Equity Partners, intentionally did not report over $200 million of partnership income. The shocking revelation came after Smith, who is a billionaire and the richest Black man in America, recently entered into a non-prosecution agreement (NPA) with the Department of Justice and the Internal Revenue Service, agreeing to cooperate with federal investigators and pay nearly $140 million in taxes and penalties. T...

Mayor Bottoms, Police Chief Fire Atlanta Cops For Using Excessive Force On Spelman & Morehouse Students

Source: Elijah Nouvelage / Getty A pair of students who attend Spelman College and Morehouse College respectively found themselves embroiled in an incident with Atlanta police in a potentially dangerous encounter. With the bodycam video displaying the officers’ tactics in handling the students, two of the officers were let go from their positions today. CBS 46 reports that Taniyah Pilgrim, who attends Spelman, and her friend Messiah Young of Morehouse were driving home from a protest after the city instituted a curfew this past Saturday. A reporter from the outlet recorded the moment where Atlanta police swarmed the vehicle Pilgrim and Young were riding in and smashed out the windows of the car, tased Young, and dragged both Pilgrim and Young out of the vehicle. In a police report, one of ...