By Kathy Wray Coleman, Associate Publisher, Editor, Cleveland Urban News.Com and the Kathy Wray Coleman Online News Blog.Com

LONDON, England-Cleveland Glenville High School Graduate Terrell Gausha (pictured) lost a one-point decision in the second round at the 2012 Summer Olympic Games on Thursday to Indian matinee idol Vijender, whom sports pundits predicted the winner .

A middleweight division fighter, Gausha, 24, was among the 16 amateur boxers out of the original 32 to advance to the quarter finals.

A former Golden Gloves champion who began boxing at the age of 10, Gausha, who is Black, won the first round of the boxing competition by knocking out Armenia's Andranik Hakobvan in the third round.

He is a product of the Cleveland Municipal School District, the city of Cleveland's predominantly Black school system.

Kathy Wray Coleman, associate publisher and editor

Tel: Cleveland Urban News.Com.216-659-0473

Email: editor@clevelandurbannews.com

Marc Churchill, marketing Director, copy editor

Tel: Cleveland Urban News.Com.216-679-0473

Email: copyeditor@clevelandurbannews.com

Gwendolyn Pitts, field reporter

Tel: (216) 659-0473

Email: pitts@clevelandurbannews.com

Johnette Jernigan, staff reporter

Tel: Cleveland Urban News.Com. 216-659-0473

Email: jernigan@clevelandurbannews.com

Karl Kimbrough, sportswriter

Tel: Cleveland Urban News.Com. 216-659-0473

Email: kimbrough@clevelandurbannews.com

Rhonda Crowder, staff reporter, marketing associate

Tel: (216) 659-0473

Email: crowder@clevelandurbannews.com

By Kathy Wray Coleman, Associate Publisher, Editor, Cleveland Urban News.Com and the Kathy Wray Coleman Online News Blog.Com

AKON, Ohio- President Barack Obama (pictured) will visit Akron, Oh. on Wednesday where NBA great LeBron James (pictured) is a native, a city some 35 miles south of Cleveland that has a  Black residential section with constituents that are now  part of Congresswoman Marcia Fudge's 11th congressional district.

He will also make a stop in Mansfield, Oh. as part of his campaign tour.

Obama for America campaign officials did not say in a press release to Cleveland Urban News.Com on the upcoming visit whether James will join the president in Akron, though the basketball star did campaign for Obama in 2008, the year he won election as America's first Black president.

The president comes to the Cleveland area for a third time this summer.

By Gwendolyn Riase (pictured), Contributing Writer (Editor's note: The below article is that of Gwendolyn Riase and not necessarily the opinion or position of Cleveland Urban News.Com or the Kathy Wray Coleman Online News.Com. Her comments are her opinion and are not meant to serve as any legal, financial or other advice)

CLEVELAND, Ohio-Most of us keep a sharp eye out for potholes on the road. It can really cost you big bucks to replace your tires, rims and hubcaps. These are literal potholes. But there are also financial “potholes” that will devour you and all your money without a watchful eye for them, as well. Here are two to consider:

Lump Sum Settlements – Let’s say you sued someone and won a sum of money that is to be paid monthly or yearly until it is paid to you in full. Or you have an inheritance or win the lottery. You may have a large sum of money coming to you, but you’ll only be paid in small amounts (yearly or monthly) over a number of years. Some companies are willing to offer you a large lump sum of money now so you don’t have to wait before you’re paid in full. Of course, the lump sum is a much smaller amount than what is due to you.