Black GMs Are Failing NFL’s Black Head Coaching Candidates. Are Black Executives Are Scared To Hire Black Coaches?
You’d think that more Black representation in executive leadership would lead to more Black coaches hired, but the odd thing is both hired white head […]
Black Banks Offer ‘Access to Capital to Address the Wealth Gap’: ‘Bank Black’ Movement Re-Energized In New Climate of Racial Reckoning
Two years ago, Mmekom Udosen was so moved by the police murder of George Floyd and the idea of Black collective economics that she opened […]
Almost Every Popular 401(k) Fund Is in the Red This Year on Big Tech’s Slump
By Suzanne Woolley Retirement savers entered 2022 with average 401(k) balances at a record high. Just in a few weeks, the the return tables have reversed […]
Black-Led VC Fund for Black-Owned Health-Tech Startups Gets $55 Million Investment Boost
Pharmaceutical giant Eli Lilly and Company, HCA Healthcare and Bank of America have teamed up to invest $55 million in the Jumpstart Nova fund launched […]
Finurah Funding Friday: Grant Writing Tips, Funding From FedEx, American Express and More
Applying for small business grants is no easy feat. There is no set template; each application comes with its own set of questions. While it […]
Million-Dollar Homes Are Becoming The Norm At Fastest Pace Ever
By Jonathan Levin and Claire Ballentine The unceasing demand for U.S. real estate has pushed average home values over seven figures in hundreds of cities […]
HBCU Jackson State Football Standout Travis Hunter Inks NIL Deal With Black-Owned Coffee Company
Deion Sanders and the Jackson State Tigers continue to be in the news for all the right reasons. That was no different on Wednesday as five-star […]
DSW Parent Company Makes $2 Million Investment to Launch What Reportedly Will be Country’s First Black-Owned Footwear Factory Through HBCU Partnership
Designer Brands Inc., the parent company of Designer Shoe Warehouse, has made a $2 million investment to invest in what reportedly is billed as the […]
Volatility Is Rising. Here’s How to Protect Your Investment Portfolio.
By Charlie Wells, Claire Ballentine and Suzanne Woolley Investors knew this year would be different. But lately, they’ve been getting a lesson in just how different […]
BET Founder Bob Johnson Enters Into Strategic Partnership with Investment Firm Macellum to Form Firm to Invest In Black Businesses
Macellum Capital Management, an activist investment firm that invests in undervalued companies, has formed a firm to invest in Black- and minority-owned or -led businesses […]
‘I Didn’t Know Nothing About Business’: Mike Tyson Claims His Participation In Iconic Punch-Out!! Video Game Was A Bad Deal
One of the most iconic video games in history is Mike Tyson’s Punch-Out!!. Nintendo released the Punch-Out!! video game in 1983 and struck a deal to use […]
Goldman Sachs Revamps Family Office to Keep Partner Wealth In-House
By Devon Pendleton Goldman Sachs Group Inc. is paying its top executives vast sums in a war for talent on Wall Street. It hopes that […]
How and Why the Pandemic Housing Market Is Pushing Black Homebuyers Out
Home prices are on the rise, making homeownership unaffordable for many Americans. There are only 245,300 homes currently for sale to those earning the U.S. […]
The Best and Worst States for Black Entrepreneurs In 2022
Following a rash of Black business closings at the start of the COVID-19 pandemic, Black businesses have bounced back. There has been a surge nationwide […]
Out-of-Town Home Buyers Will Pay 30% More Than Locals in Hottest U.S. Markets
By Allison McNeely People moving to some of the hottest U.S. real estate markets have nearly 30% more to spend on homes than locals, highlighting […]
U.S. Interest Rates Have Soared Everywhere But Savings Accounts
By Claire Ballentine Most everywhere you look on Wall Street, interest rates are going up. For everyday savers: not so much. The two-year U.S. Treasury yield had […]
Black Americans Might Miss Out on the $68 Trillion Transfer of Generational Wealth. Here’s Why.
An estimated $68 trillion will be transferred from U.S. households to heirs and charities over the next 25 years, and Black Americans might miss out […]
Renting a Home Is Even Harder Than Buying One in Unrelentingly Hot U.S. Market
By Allison McNeely For Atlanta real estate agent Jamie Douglas, a dearth of inventory has made it almost impossible to take on new clients hunting for […]