One Black Family Business Needed Help Preparing for a Post-Pandemic Economy. An Entrepreneurial Program Stepped In.
When Karla Trotman was growing up, she watched her parents, Jim and Sheila Wallace, develop their business, Electro Soft Incorporated, from the family kitchen to […]
Google Shareholders Quash Racial-Equity Audit As Tech Giant Deals With Racial Discrimination Lawsuit
A racial-equity audit was one of 17 proposals rejected by Alphabet Inc. shareholders. Alphabet Inc. is Google’s parent company. The “no” decision was handed down […]
US Mortgage Rates Slip as Market Shows Signs of ‘Normalizing’
By Prashant Gopal US mortgage rates dipped slightly for the third straight week of declines. The average for a 30-year loan was 5.09%, down slightly […]
Warren, Booker Press USDA to Address Bias Against Black Farmers
By Jarrell Dillard A group of senators is demanding an accounting from the Agriculture Department on how much progress it’s made in addressing historic discrimination […]
U.S. Justice Department Settles Racial Discrimination Lawsuit Against Two Rental Properties In Georgia
The U.S. Department of Justice has settled a lawsuit against two rental properties in Georgia that the DOJ claimed discriminated against Black elderly or disability […]
Should You Change Banks? Americans Hunt for New Banks as Inflation Stretches Their Budgets
By Paulina Cachero Roaring inflation is testing how loyal US consumers are to their banks. With soaring prices stretching household budgets, consumers are increasingly switching banks […]
Corporate Boards Used to be White and Male. Not Anymore. Blacks and Women See Major Boost on Boards
Over the past two years, there has been has been a focus on increasing diversity on the corporate boardrooms of the nation’s largest companies. So far, […]
Black-Owned Spirit Company Releases Bourbon Named After Legally Sanctioned Black Town In America
A Black-owned distillery has announced the release of a new bourbon whiskey brand named after the first North American settlement that allowed people of African […]
Snoop Dogg Buys Two NFTs Created By Ex-Trader at Barclays
By Abhinav Ramnarayan Rapper Snoop Dogg has bought two of the nonfungible tokens created by former Barclays Plc trader Ovie Faruq. The tokens, part of […]
Here’s How and Why Trillions of Dollars Are Bypassing Black-Run Funds
As the founder of the first Black-owned asset manager, John Rogers believes ethnically diverse managers are still not receiving adequate funding compared to their white […]
One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds
By Alex Tanzi More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is […]
NBA Hall of Famer Tracy McGrady Launches Ones Basketball League for Elite Players
NBA Hall of Famer Tracy McGrady is working to expose the world to the players overlooked in basketball through his newest venture, Ones Basketball League (OBL). The […]
Why Black Women Are Still Denied Top Slots In Corporate America
The racial reckoning that followed the police killing of George Floyd in May 2020 brought in a slew of pledges of diversity initiatives from major […]
Black Workers’ Job Gains Could Be Reversed In the Government’s Fight Against Inflation
Since 2020, Black Americans have experienced job gains, but as inflation sets in these gains are fragile. The gains have been significant. Employment of Black […]
Kanye West’s Donda Sports Sign Rams Superstar Aaron Donald
“It was an opportunity that came to us, me and my wife, and it made sense. Hearing the whole spectrum of what they were going […]
Black Caucus Foundation of Michigan Backs a $40 Million Initiative for Black Contractors
The Black Caucus Foundation of Michigan (BCFM) has opened up millions of dollars to Black contractors, state funds previously unavailable to the community. The goal […]
Black-Owned Bank Greenwood Acquires Private Networking Organization The Gathering Spot
An online business banking platform targeting Black and Brown Americans has acquired a private membership club for Black professionals with the intention of empowering people […]
Homeschooled Teen Made History: 14-Year-Old Set to Graduate from Two Oklahoma Colleges with Honors
While most 14-year-olds are preparing to graduate middle school or finish their first year in high school, an Oklahoma teenager is slated to graduate from […]