What a U.S. Digital Dollar Means for the Future of Your Wallet
By Misyrlena Egkolfopoulou and Claire Ballentine The world’s reserve currency may be about to go digital, potentially transforming the way Americans move and use their […]
Jobless Rate Fell in Most States in January, 10 at Record Low
By Reade Pickert The unemployment rate fell in most states in January, including in 10 where the jobless rates fell to record lows. Nebraska and […]
‘Stop Hiding Behind Equality to Avoid the Hard Work of Equity’: Pamela Culpepper Makes History as First Black Woman to Sit on Prada’s Board
Pamela Culpepper has become the first Black woman to sit on the board of iconic fashion giant Prada in the company’s 109-year history. Culpepper is […]
Stocks Fluctuate as Treasuries Extend Declines: Markets Wrap
By Robert Brand and Vildana Hajric -U.S. equities fluctuated on Monday as global tensions with Russia continued to escalate amid key diplomatic discussions. The S&P […]
Spotify Who? Musician’s Earnings Go From $300 to $60,000 in Web3
By Akayla Gardner A savvy cadre of recording artists has been using the new, blockchain-based digital frontier sometimes known as web3 to do what they’ve […]
Afro-Surrealist Artist Creates Black Meme Inspired Paintings
Black internet memes have developed a life of their own, and as Afro-surrealist artist Alim Smith, 31, says, popular Black memes embody unspoken language the […]
‘We Can Create Products and Services That Everyone Uses’: Black Founders Discuss Challenges and Misconceptions at Morgan Stanley Event
Black founders are tired of being overlooked and misunderstood. Some voice their challenges and concerns during a panel discussion hosted by investment bank and financial […]
Finurah Funding Friday: Tips from Grant Strategist Takiya Green, Plus Citizens Bank Grants and a Founders Accelerator Opportunity from Target
The grant application process can often be quite overwhelming for entrepreneurs. The concept of completing lengthy applications is often a deterrent for many. However, Takiya […]
Markets Wrap: Stocks Fall as Risk Sentiment Wanes; Dollar Gains
By Stephen Kirkland and Vildana Hajric U.S. stocks fell for a second day in a row as risk sentiment deteriorated after Ukraine’s top diplomat said […]
Crypto’s War Test Leaves Future of Money Debate Wide Open
By Misyrlena Egkolfopoulou Crypto had already been seeping into every corner of culture and conversation. Then came Russia’s invasion of Ukraine, and crypto went to […]
New Study: COVID-19 Pandemic Has Hit Black America Hard Financially, Yet One-Third of Black Americans are Optimistic About Their Financial Recovery
Wage loss and a sharp rise in unemployment are among the impacts Black Americans have faced during the COVID-19 pandemic, but Blacks are optimistic their […]
‘Where Did The Money Go?’:Deion Sanders Is Looking For The Pandemic Money For HBCUs
Deion Sanders wants to know where the money resides that was promised to HBCU’s during the pandemic. “During the pandemic, you heard all the Fortune 500 […]
U.S. Household Net Worth Jumps to a Record on Equities, Housing
By Reade Pickert U.S. household net worth jumped to a fresh record in the fourth quarter on rising stock prices and higher home values. Household […]
Inflation Is Rising Faster Than Pay for Many American Workers
By Suzanne Woolley For all the talk of wage inflation, many Americans say their salaries aren’t keeping up with prices. In February, 73% of “lower […]
Less Than 1 Percent of All FDIC-Insured Banks Are Black-Owned. One Businesswoman Is Pushing to Start a Black Bank In Iowa.
Less than 1 percent of all Federal Deposit Insurance Corporation-insured banks are considered Black-owned. The FDIC is one of two agencies that supply deposit insurance […]
‘Remember Your Why’: How One Black Entrepreneur Fought for Funding for Her EdTech Startup
When Joanna Smith-Griffin was working as a student engagement director at Excel Academy Charter Schools in Boston, she discovered there needed to be a more […]
Drivers Facing Record Gas Prices Say They’d Pay More to Stop War
By David R Baker Many U.S. drivers, stung by record gasoline prices, say they’d pay even more if it would end Russia’s war in Ukraine. That doesn’t mean […]
Million-Dollar U.S. Homes Nearly Double From Pre-Pandemic Levels
By Allison McNeely The percentage of U.S. homes worth at least $1 million has nearly doubled from before the pandemic as a sizzling housing market […]