Update: Byron Allen’s $10 Billion Discrimination Lawsuit Against McDonald’s Is Back On
In late November 2021, media mogul Byron Allen’s discrimination lawsuit against McDonald’s was dismissed for lack of evidence. On Jan. 21 a federal judge has […]
Philly Developers Get $10M Infusion of Cash on Toward Goal of Creating Largest Black-Owned Real Estate Development Firm on East Coast
A Black-owned real estate development company in Pennsylvania received a $10 million boost in funding last week from a co-owner of the Philadelphia 76ers. The […]
‘The Goal Was to Share the Joy of my Country With Others’: Vai Girl Products Bring a Little Bit of Liberian Style to NYC
Gigi Henries-Jones spent her early life in Liberia surrounded by colorful Ankara fabric, or lappa, as it is called there. The lappa is used in […]
Stark Reality: Morningstar Report Compiles Data About Racial Disparities for Income, Savings and Financial Well-Being
Black people in the U.S. suffer from a widening economic gap in homeownership, education, income and wealth when compared to their white counterparts. Most of […]
Tesla’s Most Prominent Black Executive Steps Down From Top HR Job
By Josh Eidelson and Dana Hull Tesla Inc.’s head of human resources and one of its highest-ranking Black leaders, Valerie Capers Workman, is departing for […]
More People Are Scratching That Entrepreneurial Itch: 20 Percent Boost In New Business Applications
It seems everyone wants to be an entrepreneur. There was a 20 percent increase in new business applications last year after applications declined for a […]
EdTech School Launched By Two Young Black Entrepreneurs Closed $10M in Growth Financing to Help Underserved Groups Pivot Into Tech Jobs
A Tennessee-based remote technology education hub that supports Blacks and other underrepresented workers interested in technology careers has closed $10 million in growth financing to […]
Stock Market Today Vs Year Ago: How Equity, Crypto Crash Hit Retail Traders Hard
By Charlie Wells and Misyrlena Egkolfopoulou Exactly one year ago today, Chris Perrotta joined a revolution on Wall Street: He bought one of those crazy […]
iBuying Grows In Popularity, But Is It an Easy Process or Costly Mistake?
Finurah will be bringing you a series of articles discussing the difficult choices associated with purchasing a home. Homeownership is one of the main ways […]
Real Estate Platform and Community Organizers Partner to Launch Homebuyers Program In Las Vegas to Help 25,000 Black Families Become Homeowners Within Next 10 Years
Several years ago, Shanta Patton was a single mother of three struggling to purchase a home. A poor credit history coupled with income fluctuations made […]
Hip-Hop Mogul Nas Partners With Google, and Others to Invest $20M In Gaming Publisher
Rapper Nas has seen much success outside of his musical career, investing in major companies, most notably the smart doorbell company Ring. The Queens native is now […]
Why Tech Evangelists Think Black Entrepreneurs Could Profit Handsomely From The Metaverse
Tech enthusiasts and investors looking for the next hottest thing will likely spend much of 2022 gushing over the metaverse. In its simplest form, the […]
Report: 98 Percent of Americans Have at Least One Money Bias— and It’s Costing Them
How do you view money? A recent study found that 98 percent of Americans have at least one money bias — and it’s working against […]
Mindful and Strategic Money Moves: Five Ways to Slash Your Bills
Black Americans have been struggling with debt. The average debt-to-asset ratio is 50 times higher for African-Americans than it is for white Americans, according to […]
‘Don’t Even Lie to Your Family’: Fat Joe Talks of Teaching His Son Not to Live Beyond His Financial Ability
Several celebrities have openly disclosed the difficult shift that takes place among them and their family after they become successful. Many have talked about how […]
‘It Literally is Bigger Than Food’: How Slutty Vegan CEO Pinky Cole Manifested Her Thriving Business
From her early days in a shared kitchen to a food truck to now owning three locations across Georgia, Aisha “Pinky” Cole has built a multi-million-dollar empire. […]
Bad Business: ‘Madea Goes to Jail’ Actress and Other Celebrities Indicted on Charges of PPP Loan Fraud
One of the actresses from Tyler Perry’s “Madea Goes to Jail” has been charged with fraud by the U.S. Department of Justice. The movie star joins […]
A Rare Win Against Gentrification: ‘Organized’ D.C. Residents Fought Developers Using Constructive Eviction to Make Affordable Housing Unbearable — and Won
Affordable housing advocates score a rare win against gentrification in one of Washington, D.C.’s longstanding predominantly Black neighborhoods. A settlement was reached on Jan. 7 in a […]