Bidding Wars Show Signs of Cooling as Mortgage Rates Bite
By Paulina Cachero The days of homebuyers getting into knock-down-drag-out bidding wars may soon be over. After two years of a pandemic-driven buying frenzy that sent home […]
How One Clubhouse Group and Its 70,000 Nationwide Members Plan to Increase Black Homeownership
A group of Black homeowners in Washington, DC, Maryland, and Virginia (DMV) have banded together to encourage more Black homeownership. Their Ownership Matters group reaches […]
‘We Have Not Sold’: Honey Pot Founder Beatrice Dixon Responds to Twitter Outrage Over Formula Changes
Black-owned brand The Honey Pot Company has been a hot topic of discussion this week on social media. Rumors that founder Beatrice Dixon sold the […]
How NFL Player Did A Major Career Pivot to Neurosurgeon
Ahead of the release of his new book “The 2% Way,” neurosurgeon, Rhodes Scholar and former NFL safety Myron Rolle dropped by “The Pivot Podcast” to […]
Metaverse Is Still a Mystery For Many, But Devotees Say It Offers Money-Making Opportunities for Black Investors
At its March 2022 launch, TruSo, an audio-visual social media networking app for the African Diaspora operating in 2D and the metaverse, already had the […]
Young Workers Are Telling Each Other How Much They Make to Get Pay Hikes
By Paulina Cachero Salary, once a taboo topic in the workplace, is now being shared openly in offices and on social media among a younger generation […]
US Housing Starts, Building Permits Stall as Mortgage Rates Bite
By Jordan Yadoo US new-home home construction slipped in April amid ongoing supply-side challenges and the steepest climb in mortgage rates in decades. Residential starts […]
African Fashion Designer Who Saw 1,000 Percent Sales Spike After George Floyd Launches Jewelry Line That Combines Culture and Algorithms
African fashion designer Diarra Bousso is set to expand her successful Diarrablu empire into the accessory space, launching her first jewelry collection. Rooted in a […]
Your Stocks, SPACs and Crypto Are Tumbling. Now What Do You Do?
By Charlie Wells and Claire Ballentine It’s been a brutal stretch for retail traders. Stocks are approaching a bear market. A selloff wiped $200 billion off […]
An Apt Solution: Sudanese-American Woman’s AptDeco Service Takes the Hassle Out of Buying and Selling Used Furniture
Buying and selling used furniture through online marketplaces can be a scary proposition. You are meeting up with strangers or in unfamiliar areas. Reham Fagiri […]
‘A Big Step Towards Bringing Fenty Beauty to the Whole World’: Billionaire Rihanna to Launch her Luxury Beauty Brands in Eight African Countries
R&B singer and business mogul Rihanna is gearing up to launch her Fenty beauty and skin-care line in multiple countries in Africa, according to a […]
Gasoline Tops $4 a Gallon in Every US State for the First Time
By Chunzi Xu Gasoline pump prices have risen above $4 a gallon in all states in the US for the first time ever as the […]
Regulators Want To Revamp Fair Housing Rules to Increase Homeownership, Large Banks Are Pushing Back
The United States’ fair housing rules haven’t been updated since 1995. Earlier this month, federal regulators proposed significant changes to the Community Reinvestment Act, which […]
A Crypto First? What Happens When a Blockchain Like Terra Dies
By Olga Kharif The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just […]
Slutty Vegan Founder Raises Eight Figures In Series A Funding Round, Bringing Her Company’s Valuation to an Estimated $100M
The woman behind one of Atlanta’s most popular eateries has just received an eight-figure influx of investments through a Series A funding round campaign. The business she […]
‘Family is the Solution to Our Financial Recovery’: How to Reorganize Your Family to Generate Wealth
There are many ways to make money stretch, especially when it comes to securing financial stability for future generations within the Black community. In the […]
Ernie Barnes’ Masterpiece ‘The Sugar Shack’ Auctions for $15.3M, Sold to Highest Bidder In 10 Minutes
One of the most iconic pieces of Black art has fetched an eight-figure auction bid. The work, made popular by a 1970s hit sitcom, was […]
Female Startups Fight ‘Tomato Seller’ Cliche for Funds in Africa
By Samuel Gebre, Bella Genga, Katarina Hoije and Archana Narayanan Africa’s female entrepreneurs, like their U.S. and European counterparts, are underrepresented when it comes to raising funds. Their […]