Business

Fannie Mae Drops Credit Score Rule for DU Loans

Written By Lexx Thornton Fannie Mae announced a major policy change, effective November 16, 2025, that removes the mandatory minimum credit score for loans submitted through its automated system, Desktop Underwriter (DU). The current 620 minimum representative credit score for loans processed by DU will be eliminated. Instead of relying on a floor score, DU […]

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Shell Donates $5M to Boost Southern University STEM

The College of Business and the College of Sciences and Engineering at Southern University can soon see some positive changes. Shell donated $5 million to the university to help support student success initiatives in these areas. This significant donation helps fund the university’s System’s Strategic Pillar, specifically Student Success. Within the College of Sciences and Engineering, the

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U.S. Federal Minimum Wage to Jump to $10.50 per Hour Starting November 2025

Written By Lexx Thornton In a significant economic shift for millions of American workers, the U.S. government has officially declared a substantial increase to the federal minimum wage, raising it to $10.50 per hour, effective November 2, 2025.  This long-awaited adjustment, which represents the first change to the federal minimum wage since 2009, is nearly

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Aliko Dangote Hits $30B Net Worth Milestone in 2025

Written By Lexx Thornton Nigerian business mogul Aliko Dangote, Africa’s richest man, has achieved a new financial milestone, with his net worth climbing to $30 billion as of October 23. The figure marks a significant $2.16 billion gain since the start of the year, according to data from Bloomberg’s Billionaires Index and Business Insider.  Dangote’s

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UPS Slashes 48,000 Jobs in Massive Cost-Cutting Drive

Written By Lexx Thornton United Parcel Service (UPS) has implemented one of the largest single-year job reductions by a U.S. company since the pandemic, cutting approximately 48,000 jobs this year as the package giant executes a sweeping strategy to contain costs and boost its lagging stock price.  The Atlanta-based delivery behemoth disclosed the massive downsizing

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Active-Duty Troops Face Pay Halt by November 15th Amid Shutdown

Written By Lexx Thornton Active-duty military personnel will stop receiving pay by November 15th if Congress and the White House fail to reach an agreement to end the government shutdown, Treasury Secretary Scott Bessent warned.  The nearly four-week-long shutdown has already furloughed approximately 750,000 federal workers and forced hundreds of thousands of others to work

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US Economy A Tale of Two Recovery Speeds

Written By Lexx Thornton While official data paints a picture of robust national growth, a closer look at the American economy reveals widespread weakness, with nearly a third of states at high risk of recession, according to Moody’s Analytics Chief Economist Mark Zandi.  The current economic landscape is marked by a sharp divergence: the national

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Google Invests $150K to Empower Virginia HBCU Scholars

An investment has been made to support scholars at Virginia-based Historically Black Colleges and Universities (HBCUs). $150K Boost According to 13News Now, Google Data Centers’ Community Development and Engagement team has invested $150,000 in the Virginia Humanities HBCU Scholars Fellowship, which supports HBCU-affiliated writers, community scholars, faculty members, and doctoral candidates. This is accomplished through funding, academic publishing,

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Internet Chaos Costing Billions

Written by Lexx Thornton On Monday afternoon, Amazon Web Services (AWS) finally confirmed it had resolved a massive cloud hosting outage that had caused widespread disruption for millions of internet users globally.  The event, which Reuters called “global turmoil,” was reportedly the worst outage since last year’s CrowdStrike incident. As the world’s largest cloud provider,

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Johnson & Johnson Ordered to Pay Nearly $1 Billion in Talc-Mesothelioma Case

Written By Lexx Thornton A Los Angeles jury has ordered Johnson & Johnson (J&J) to pay $966 million to the family of a woman who died from mesothelioma, delivering one of the largest verdicts to date in the ongoing litigation over the company’s talc products. The jury found J&J liable after the family of Mae

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