Three Black-Owned Banks Tapped By Citigroup to Take Part in Rare $1.2 Billion Loan Offering
By Paula Seligson Three Black-owned US banks have bought a piece of a $1.23 billion syndicated corporate loan, a rare move in a market typically […]
Insurance Company Wants Offset to Pay Up: Rapper Sued Over 2020 Car Collision That Allegedly Left Woman With ‘Severe Bodily Injuries’
Mercury Insurance Company is suing hip-hop star Offset for auto-negligence after his car was involved in an accident in Encino, California, on Nov. 11, 2020. […]
Black Women Held to ‘Harsher Standards’: Four Black Women Firefighters Sue District of Columbia For $10 Million In Race and Gender Bias Lawsuit
Four Black female firefighters have filed a joint lawsuit against the District of Columbia, chasing race and gender bias. They claim the District of Columbia […]
Lawsuit: Former Employee Says Actress Tracee Ellis Ross and Joy Mill Entertainment Failed to Pay Her $300K in Wages
A former personal assistant is suing actress and entrepreneur Tracee Ellis Ross and her company, Joy Mill Entertainment. Court documents reveal that Ross’ former assistant […]
‘Huge Proponent of Financial Independence’: GOAT Serena Williams Gears Up for Life Off the Tennis Court, Works to Grow Serena Ventures Brand to Invest In Black Businesses
Serena Williams has been playing tennis professionally for 27 years, having made her debut in 1995, and now the 40-year-old champ is looking forward to […]
‘Nobody Should Be Touching Any of His Money’: R. Kelly Could Have to Turn Over Thousands from His Reported $28K Commissary Account to Pay Toward His $140K In Court-Ordered Fines
Disgraced R&B singer R. Kelly may be in for another financial blow. There is a current tug of war between the Bureau of Prisons and […]
‘We Believe That Many of the People Impacted Suffered Severe Financial Consequences’: Equifax May Face Class-Action Suit After Credit-Score Mishap
By Erik Larson Equifax Inc., the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided inaccurate credit […]
Nonprofit Organization Bringing Sustainable and Affordable Homes Built from Recycled Shipping Containers to Miami Residents Priced Out of the Market
A recent report from Realty Hop reveals that Miami is the most unaffordable housing market in the United States. A local organization committed to the […]
Trevor Noah’s Malpractice Lawsuit Against Ex-Doctor Heats Up As Court Orders Host to Be Deposed and Undergo Physical Exam; Noah Seeking Unspecified Damages
“The Daily Show” host Trevor Noah will come face-to-face with the doctor he’s suing for malpractice. Noah will have to be deposed and submit to […]
‘The Blatant Taking of Intellectual Property’: Shonda Rhimes Takes Sides In Netflix’s Lawsuit Against Creators of ‘The Unofficial Bridgerton Musical’ for Copyright Infringement
Netflix is suing the creators of “The Unofficial Bridgerton Musical” for copyright infringement. Earlier this week, songwriters Abigail Barlow and Emily Bear organized a paid […]
Promising Corporate Earnings and Economic Data Boost Stocks After Two-Day Drop; Treasuries Trim Losses
By Vildana Hajric, Isabelle Lee and Natalia Kniazhevich US stocks snapped a two-day decline on Wednesday as corporate earnings and economic data came in better […]
Inside Nene Leakes Multimillion Dollar Townhouse Currently On The Market Months After Reality Star Goes Back to School
Reality television personality Nene Leakes is no stranger to closing a deal. Just eight months after purchasing her deluxe townhouse for $1.75 million, Leakes has […]
‘You Should Never Buy Any Property, if You Don’t Have any Money’: Earn Your Leisure’ Hosts Debunk Myths About Investing, Cryptocurrency and Teaching Financial Literacy to Today’s Youth
Financial educators Rashad Bilal and Troy Millings are the hosts of “Earn Your Leisure.” On their podcast launched in 2019, the dynamic duo break down […]
After Six-Year Battle, Prince Siblings Forced to Split 50% of Estate After Singer Dies Without Will. Publisher Gets the Other Half.
The battle between the estate of musical genius Prince and heirs of Prince has come to an end. After a six-year fight to determine control […]
Making International Moves: Billionaire LeBron James and Partner Maverick Carter Invest A Reported $30M In German-Based Canyon Bicycles
NBA All-Star LeBron James and business partner Maverick Carter have both invested in German-based direct-to-consumer bike brand Canyon Bicycles. The two, who are also close […]
Following Optimistic Climb, Bitcoin Continues Third Straight Day of Decline
By Joanna Ossinger A bout of jitters in global markets over deepening US-China tension weighed on cryptocurrencies, pushing Bitcoin lower for a third day. The […]
50 Cent and Starz Might Be at Odds, But They’re on Common Ground In Fighting Trademark Infringement Lawsuit Over ‘BMF’ Name
Over the past few years rapper and entrepreneur 50 Cent has built a hugely successful television series franchise on the TV network Starz, but his […]
‘Fendi, Louie, Gucci, Why Can’t We Wear That In the Church?’ Brooklyn Bishop Defends His Luxury Taste and Denies Setting Up Church Robbery
On July 24, pastor Bishop Lamor Whitehead of Brooklyn, New York, was the victim of a brazen robbery. In the middle of his Sunday service, […]