Stomach-Churning Stock Swings Draw Red Line Under the Big in Big Tech
By Claire Ballentine and Suzanne Woolley Millions of ordinary investors rode Facebook on the way up, whether they fully realized it or not. Now, they’d […]
Not Just for the Rich: Five Estate Planning Tools Everyone Needs
When hip-hop artist DMX died in 2021, he left no will in place and very few liquid assets. While DMX’s estimated 15 children are expecting […]
Black-Owned La Fête Wine Company Adds NBA Star Chris Paul as Equity Stakeholder
Phoenix Suns point guard Chris Paul is now an equity stakeholder in La Fête Wine Company. The growing wine company emphasizes diversity and inclusion in the wine […]
Black Women Hold Only 4 Percent of S&P 500 Board Seats. A New Program Wants to Get More Black Women on Corporate Boards
Black Women on Boards has a mission of preparing Black women for possible board positions. Founded by veteran executives Merline Saintil and Robin Washington in […]
Biden Fed Nominee Lisa Cook Backs Financial Reparations, Could Become First Black Woman on Fed Board
Lisa Cook, a Michigan State University economics professor, has been nominated by President Biden for governor of the Federal Reserve. On Feb. 3, she will appear before the […]
Tax-Free Inheritances Fuel America’s New $73 Trillion Gilded Age
By Ben Steverman Americans can expect to inherit $72.6 trillion over the next quarter century, more than twice as much as a decade ago, in […]
‘Web3 Is Going to be Biggest Space for Growth’: Tennis champ and Financier Serena Williams Joins Blockchain Firm Sorare as a Board Adviser
Tennis champ and financier Serena Williams is now a board adviser for the $4.3 billion blockchain-based fantasy soccer game Sorare. Currently, Sorare has IP license […]
U.S. Jobs Data Look ‘Particularly Tricky’ on Omicron, Revisions
By Reade Pickert and Olivia Rockeman Omicron. Revisions. Big seasonal factors. Friday’s U.S. jobs report is poised to be a bit of a doozy. Nonfarm […]
It’s Harder to Find a Home Than Love When Housing Markets Are This Hot
By Claire Ballentine Think dating is difficult? Finding a house to buy is proving even harder for Americans, according to a new survey by Zillow. […]
U.S. Stocks Pare Gains as Tech Dip Buying Slows: Markets Wrap
By Vildana Hajric and Peyton Forte U.S. technology stocks dropped to session lows as dip buying in the battered sector halted, slowing equities’ best four-day […]
Tesla Sued by Black Worker Claiming ‘Unchecked’ Racism
By Malathi Nayak A Black gay woman who worked at a Tesla Inc. factory accused the electric-vehicle maker in a lawsuit of “festering” racism by […]
7 Questions Entrepreneurs Should Ask Investors Before Making a Deal
Investors will have several questions about your startup before they fork over any money for your venture. But it is also crucial that you know as much […]
Black-Owned Fintech Esusu Hits Unicorn Status With SoftBank-Led Round
By Aysha Diallo Esusu, a financial technology company that aims to help bridge the racial wealth gap by reporting rent payments to credit agencies, has […]
‘You’re Taking the American Dream from Us’: Detroit Overtaxes Property Owners By $600 Million; City Will Not Pay For Mistake
In 2011, Detroit native Anna Bolden purchased her first home. She purchased the brick bungalow in a tax foreclosure auction for $4,800, according to the […]
‘I Want To Ensure Communities Like The One I Come From Are Not Left Behind’: LeBron James Partners With Crypto.com To Teach Akron Kids About Blockchain
NBA superstar LeBron James, through the LeBron James Family Foundation, has partnered with Crypto.com to support educational and workforce development opportunities focused on Web3. With a […]
Work-From-Home Spurs Blue-Collar Americans to Seek Career Shifts
By Alex Tanzi The pandemic shift to working at home has spurred blue-collar Americans -– who’ve largely been left out of that trend -– to […]
Grambling State Becomes First NCAA School To Give NIL Deals To All Scholarship Athletes
On Jan. 31, Grambling State took things to the next level and became the first program to utilize NIL (Name, Image & Likeness) opportunities as a tool to uplift […]
Lucky Online Bettor With FanDuel Wins $579,000 With $20 Wager on NFL Championship Games
By Paulina Cachero A lucky fan won a $579,020 payout from a $20 parlay bet predicting the final scores of Sunday’s NFL championship games. The bettor […]