Comedian Kevin Hart Announces His Hart House Restaurant, Becoming Latest Celeb Investor to Shake Up the Plant-Based Food Industry
Wealthy and elite celebrities like Jay-Z and Rihanna have been dropping some serious investments into the vegan food industry. In terms of plant-based companies, music […]
Cash Is Cool Again: Why Gen Z Is Embracing Cold, Hard Cash
By Paulina Cachero Gen Z is embracing cold, hard cash. After being hard-hit financially by the pandemic and the surging inflation that followed, the generation […]
Poll: Student Loan Forgiveness Less Important Than More Affordable College
By Ella Ceron and Claire Ballentine The 43.4 million Americans with student loan debt want to ensure that future generations aren’t stuck with their current problems. […]
’I Went and Got One’: 21 Savage Says His Life Changed After Billionaire Jay Z Shared the Top 3 Things He Spends His Money On
London-born, Atlanta-based rapper 21 Savage has distinguished himself from other hip-hop artists in his generation by projecting a message of financial literacy. However, the chart-topper […]
Got $86,000? Kimora Lee Simmons Has Reportedly Increased the Rental Amount of Her Beverly Hills Mansion As Estranged Husband Tim Leissner Relocates to Texas for New Job
You think New York City rents are steep, with 90 percent of apartments costing over $3,000 per month? Well, celebrity personality and fashion designer Kimora […]
Report: Skyrocketing Prices of Food, Gas and Home Have Caused Financial Stress On Families Everywhere
By Alex Tanzi About two-thirds of American consumers who live paycheck to paycheck said they experienced at least one sudden income disruption — from losing […]
Country’s Second-Oldest Black-Owned Bank Received $80M Investment from U.S. Treasury
Like many other Black-owned financial institutions, Mechanics and Farmers Bank in Durham, North Carolina, reportedly the country’s second-oldest Black-owned bank — as it was founded […]
Online Day-Trading Guru Says She’s Preaching Caution Ahead of a Recession
By Renita Young The recent slump in markets is testing the army of retail investors who started trading during the pandemic. It’s the first bear […]
‘I’ll Buy His 10%’: Rick Ross Steps Up to Buy Michael Rubin’s Philadelphia 76ers Ownership Stake
Rapper and businessman Rick Ross is looking to expand his enterprise into sports entertainment. Recently, he has said he wanted to buy a 5 percent […]
‘My Dad Said We Can’t Keep That Money’: Multi-Millionaire Nigerian Singer Davido Tells Trevor Noah How His Birthday Request to Fans to help ‘Rescue My Rolls-Royce’ Raised Over $600,000
One of Afrobeat’s biggest stars has accidentally become one of Nigeria’s biggest philanthropists. His greatest charitable giving started out first as a prank but later […]
Black Electrician Receives $1M from Kansas City, Missouri, In Discrimination Claim Settlement
After being hit with several lawsuits claiming discrimination on multiple grounds, Kansas City, Missouri, officials have reluctantly agreed to pay a hefty settlement to one […]
Hackers Steal $100 Million by Exploiting Crypto’s Weak Link
By Olga Kharif, Sidhartha Shukla and Emily Nicolle Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the […]
Report: Investment in Black Business Startups Dwindle As Investors Become More Cautious With Their Funding
Venture funding allotted to Black startups has dropped significantly from previous quarters. The decreased capital available is revealing that as investors are becoming even more cautious […]
Forget That Move to New York City. Big Cities Are Luring People Back, But Most Just Can’t Afford It
By Alice Kantor Big cities are alluring again, but there’s a problem for people who are looking to move back: it’s become prohibitively expensive. In Manhattan, median apartment […]
‘I Am Not Going to Take Credit for the $25,000’: Shaquille O’Neal Surprises Waiter with ‘Biggest’ Tip Ever, Corrects Rumor He Paid Tab at High-End Restaurant
All-Star basketball player and reportedly all-around nice guy Shaquille O’Neal went viral after news of him allegedly dropping five figures on dinner for all in […]
Illinois City Starts Distributing $25,000 to Eligible Black Households In Its Groundbreaking Reparations Program
In March 2021, Evanston, Illinois, became the first city in the U.S. to make reparations available to its Black residents as repair for past discrimination […]
Biden to Cancel Another $6 Billion In Student Loan Debt for Borrowers Who Were Defrauded By For-Profit Schools
President Joe Biden will cancel an estimated $6 billion in federal student loan debt for about 200,000 borrowers who have been defrauded by their colleges. […]
One of the Country’s Oldest Black-Owned Bookstores Is Set to Close After Three Decades
One of the country’s oldest Black-owned bookstores is shutting its doors. Independent, Black-owned bookstore Eso Won Books has been a fixture on the Los Angeles book scene […]