Where are the World’s Richest People Buying Property? London, Paris, New York
By Venus Feng and Devon Pendleton Billionaires the world over have flocked to London in recent decades, lured by its abundant luxury real estate and […]
Black Founders Reflect on the Present and Future of Black Entrepreneurship
Black- or African-American-owned businesses total an estimated 134,567 in the United States. These businesses have $133.7 billion in annual receipts and employ some 1.3 million […]
Stocks and Futures Fall, Bonds Surge on Ukraine: Markets Wrap
By Robert Brand Stocks fell as investors assessed the risks to the global economic outlook amid geopolitical uncertainties. Treasuries climbed, with traders abandoning their bets […]
Affirmation Tower Backed by Black Contractors Halted as Government Officials Debate Purpose of the Space
Affirmation Tower, slated to become the tallest skyscraper in New York City and backed by a majority team of Black contractors and lenders, has hit […]
These 10 Mutual Funds Have the Most Exposure to Russia
By Suzanne Woolley They may not have Russia in their name, but a number of popular mutual funds have significant exposure to the country, with one nearing 17% of assets. […]
Why More VC Firms Are Writing Checks to Black Women, and Why It Still Isn’t Enough
The nationwide racial reckoning triggered by protests over the murder of George Floyd in 2020, saw a number of venture capital firms pledge to make […]
Crypto World Grapples With Challenge of How to Handle Sanctions
Cryptocurrency exchanges are still trying to figure out how to deal with western sanctions against Russia after its invasion of Ukraine. U.S. measures announced Thursday […]
One Black Family Claims California Took Their Land for a State Park 75 Years Ago. Now They Want it Back.
Rufus Burgess arrived in California in the late 1840s and built a fortune during the Gold Rush. Having once been enslaved, Burgess was a freeman. […]
New Report: Most Black Americans Say They Can Meet Basic Needs Financially But Still Experience Economic Insecurity
The COVID-19 pandemic has been a financially scary time for most. But according to a new survey done by Pew Research Center, a majority of Black adults […]
High School Basketball Standout Bronny James, Son of LeBron James, Inks NIL Deal
Bronny James proves the adage that the apple does not fall too far from the tree. The Sierra Canyon high school junior announced an endorsement deal […]
Jay-Z to Receive $4.5 Million In Royalties from Parlux Fragrances
It was a good day in court for legendary rapper Jay-Z, who, just months after dodging a massive $65 million lawsuit from Parlux Fragrances, which claimed the Brooklyn native […]
Hip-Hop Artists Soulja Boy and Lil Yachty Named in Suit Accused of Misleading Crypto Buyers in ‘Pump and Dump’ Scheme
Soulja Boy and Lil Yachty are just two of several high-profile celebrities named in a class-action lawsuit claiming that they were involved in a plot to “pump and […]
Lawsuits Stacking Up: Wells Fargo Gets Sued Again for Discrimination Against Black Borrowers
Wells Fargo was hit with a class-action race discrimination class action on Feb. 17 in California Northern District Court. The suit was filed just as […]
Finurah Funding Friday: Grants from Goldman Sachs and Caress with a Focus on Black Founders
Grants can also lead to viable collaborations that will help a business find success. LinkedIn, for example, recently awarded a $500,000 grant to digitalundivided and Blavity.org, […]
U.S. Equities Gain Amid Report of Ukraine Talks: Markets Wrap
By Cecile Gutscher U.S. equities gained amid positive economic data and reports that Vladimir Putin is ready to hold talks with the government in Ukraine, […]
Billionaire Robert Smith Launches $1.8M Program to Provide Microgrants to HBCU Students In Need
A Black billionaire philanthropist, with a history of relieving debt for students attending Historically Black colleges and Universities, has announced a new program that aims […]
‘Keeping Black Homeowners In Their Homes’: Oregon Man Is On A Mission to Fight Gentrification
Many people talk about reparations and the need to make up for hundreds of years of oppression and inequality impacting the Black community, but Randal […]
Dropping Degree Demands Would Help Boost U.S. Hiring, Study Says
By Olivia Rockeman Eliminating stringent job qualifications such as college-degree requirements would ease the U.S. labor shortage and enable millions of skilled Black workers to […]