Electric Bills Double for U.S. Families With Fuel Costs Surging
By Will Wade and Francesca Maglione U.S. consumers from New York to California are experiencing “rate shock” on their latest utility bills as the global energy […]
Following Apology for Past Discriminatory Practices, National Association of Realtors Supports Initiatives to Increase Black Homeownership
In recent years, the United States’ annual homeownership rate has risen from 1.3 to 65.5 percent, yet the rate for Black American homeownership remains the […]
NAACP President Derrick Johnson and Sen. Chuck Schumer Team Up to Call for Biden to Cancel Student Loan Debt to Help Close Racial Wealth Gap
Black college graduates are overwhelmed by student loan debt. On average, they owe $25,000 more in student loan debt than white college graduates. Four years after […]
U.S. Stocks Fall for Third Day; Treasuries Decline: Markets Wrap
By Stephen Kirkland and Vildana Hajric U.S. stocks dropped in early trading as investors assessed prospects of a surge in commodity prices on the outlook […]
‘Stop Asking Them [Owners] For Sh*t…What Are We Asking Them For?’: J.R. Smith Keeps It A Buck On Athletes’ Ability To Transform Communities
Former NBA player J.R. Smith is the latest guest on the “I AM ATHLETE” podcast with Brandon Marshall, and the 2013 Sixth Man of the Year and two-time champion […]
‘A Lockout Is the Ultimate Economic Weapon. In a $10B Industry, the Owners Decided To Use This Weapon Against Players’: MLB Players are Unified For The Fight
Spring training games have been canceled, and Opening Day 2022 has been canceled as Major League Baseball and the Major League Baseball Players Association failed […]
New Black VC Firms Aim to Increase Funding for Black-Led Startups
Venture capital funding to Black startup founders hit a record number in 2021, increasing a whopping 281 percent from 2020, according to Crunchbase. But this wasn’t […]
American Mortgage Payment Costs Are Now 36% Higher Than a Year Ago
By Claire Ballentine Finding a home to buy is only the first struggle. Then there’s paying the mortgage. That’s become increasingly challenging, with the average American […]
Finurah Funding Friday: Questions Grant Seekers Must Answer, and Some Available Accelerator Programs and Local Grants
Grant awards provide entrepreneurs with funding that does not need to be repaid and often technical support from the funding agency. Yet what does it […]
Pittsburgh’s Not the Place: New Study Ranks Cities Where Black Businesses are Flourishing and Where They are Not
More Black people are turning to entrepreneurship, as Black-owned businesses are growing across the country. But there are certain regions that are more Black-business friendly […]
Workers Are Getting Paid Time-Off Even Before Starting a New Job
By Allison McNeely Some companies have started offering new hires paid time-off before their start date to attract talent in a competitive job market. SevenRooms, […]
Has the Tech Bubble Deflated Enough to Be a Buy?
By Suzanne Woolley Almost 70% of technology stocks have fallen so far that they’re in a bear market (down more than 20%), and almost a […]
‘When We Talk About the Advancement of the Black Community, You Can’t Do That Without Elevating the Black Woman’: Malcolm Jenkins’ Venture Capital Fund Welcomes New Female Investors
NFL player Malcolm Jenkins has expanded his venture capital fund Broad Street Ventures by adding two new investors. From the inception of Broad Street Ventures […]
Mortgage Rates Fall for Second Week With 30-Year at 3.76%
By Jo Constantz Mortgage rates in the U.S. slid as global markets churn over Russia’s invasion of Ukraine. The average for a 30-year loan was […]
U.S. Jobless Claims Fall to Lowest Level Since Start of Year
By Raeedah Wahid Applications for U.S. state unemployment insurance fell by more than forecast to the lowest level since the start of the year, as […]
Tennis Great Serena Williams’ Growing Venture Fund Raises $111 Million; Invests In African Tech Startup
Tennis star Serena Williams has raised $111 million for her early-stage venture capital firm Serena Ventures, she told the DealBook newsletter. The company manages a portfolio […]
A Texas Telecom Company Allegedly Isolated Black Employees Into a Separate Room with Cameras, Now Ten Former Employees Have Won a $70 Million Federal Discrimination Suit
A Texas jury has awarded nine Black and one white former employees of a telecom company $70 million after they won a racial discrimination lawsuit […]
No Corner of U.S. Stock Market Left Untouched by Ukraine War
By Matt Turner and Bailey Lipschultz Investors are rushing into cash as the war in Ukraine roils markets across the globe and erodes demand for […]
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