Business

Making Olympic History in Paris, Mayor Bass Keeps Eye on 2028 Games in L.A.

When Bass arrived at LAX on Monday afternoon, she joined Angelenos and other well-wishers to celebrate the Olympic Flag’s official return to Los Angeles for the first time in 40 years. The delegation included L.A. City Council President Paul Krekorian, Councilmember Traci Park, Councilmember Katy Yaroslavsky, LA Metro CEO Stephanie Wiggins, LA84 Foundation President and CEO Renata Simril, and Priscilla Cheng, Senior Vice President for Government Relations at LA28. All three Councilmembers sit on the Ad Hoc Committee for the 2028 Olympic and Paralympic Games. Councilmembers Park and Yaroslavsky serve as Chair and Vice-Chair, respectively, and President Krekorian was a member of the Ad Hoc Committee when the host city contract was signed.

Published

2 years ago

August 17, 2024

Oakland Post

California State University Dominguez Hills President Thomas Parham shares a moment on X after witnessing Mayor Karen Bass wave the Olympic flag in Paris. Aug 9, 2024 (screenshot)

By Lila Brown, California Black Media

Los Angeles Mayor Karen Bass made history at the 2024 Olympic Games in Paris this week when she became the first Black woman mayor to ever receive an Olympic flag at the closing ceremony of the two-week-long global competition.

On Aug. 11, Mayor Bass received the Olympic flag as part of the handover ceremony from Paris Mayor Anne Hidalgo, who is also the first woman to serve as mayor of France’s capital city.

“When we do that exchanging of the flag, we will be sending a message to girls all across the world that they can do anything,” Bass said Aug. 10, before the ceremony. “They can run for the gold, and they can run for office, or hopefully they’ll do both.”

Bass said the time she spent in Paris will help her and her team prepare to host the 2028 games in Los Angeles, a top priority for her administration.

“We must continue our urgent work ensuring that Angelenos benefit from the preparation for the Games, as well as in the decades following,” said Bass, before leaving for Paris last week.

“Together, we will showcase Los Angeles — not just the popular tourist destinations, but each of our beautiful neighborhoods and communities. We will leverage the Games to help local small businesses, create local jobs and create lasting environmental and transportation improvements throughout Los Angeles.”

In Paris, during a tour of the media center, Bass answered questions posed by reporters.

“One of the things that I really hope we can replicate in Los Angeles is the 25% commitment that will go to smaller businesses,” she said, responding to a question asked by California Black Media about Los Angeles’s plans to ensure small and minority businesses participate equitably in the procurement process.

“Even the venues here allowed restaurants to have an opportunity. Our focus is on small businesses because we know small businesses hire Angelenos,” Bass added.

Bass also promised that there will be diversity at every level — from the executive of the International Olympic Committee, the U.S. Olympic & Paralympic Committee and even the Los Angeles 2028 Local Organizing Committee.

To achieve this goal, the Mayor’s Office is hosting roundtables with business associations to receive their input on how best to engage their members and other stakeholders regarding procurement and contract opportunities.

Bass said her office and city departments are also working closely with LA28’s Community Business Working Group, which will develop the plan and specific goals for small and local businesses as a key part of their procurement strategy.

When Bass arrived at LAX on Monday afternoon, she joined Angelenos and other well-wishers to celebrate the Olympic Flag’s official return to Los Angeles for the first time in 40 years.

The delegation included L.A. City Council President Paul Krekorian, Councilmember Traci Park, Councilmember Katy Yaroslavsky, LA Metro CEO Stephanie Wiggins, LA84 Foundation President and CEO Renata Simril, and Priscilla Cheng, Senior Vice President for Government Relations at LA28. All three Councilmembers sit on the Ad Hoc Committee for the 2028 Olympic and Paralympic Games. Councilmembers Park and Yaroslavsky serve as Chair and Vice-Chair, respectively, and President Krekorian was a member of the Ad Hoc Committee when the host city contract was signed.

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Oakland Post: Week of March 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of March 18 – 24, 2026

Published

1 week ago

March 22, 2026

Oakland Post

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Advice

Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

Published

2 weeks ago

March 17, 2026

Oakland Post

Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC