Black Investors Take Major Financial Hit By the Crypto Plunge After Being Lured in With the Promise of Quick Wealth
By Paulina Cachero Crypto assets that lured investors of color with the promise of quick wealth are now in freefall, threatening to widen existing inequities in financial […]
‘We Will Never Back Down to BS’: Dr Dre, Xzibit Win Four-Year Battle Against Their Cannabis Brand, Brass Knuckles, for Breach of Contract
Dr. Dre and Xzibit have scored a major victory in a lawsuit against their own cannabis company, Brass Knuckles, reports HipHopDX. The two West Coast […]
Former Hockey Player Mike Grier Makes History As the NHL’s First Black General Manager. Set to Lead San Jose Sharks
By Carrington York Mike Grier will become the first Black general manager in the National Hockey League as he takes on the role for the San Jose […]
Uncle Nearest Whiskey Founder Toasts the Former Slave Who Taught Distilling to Jack Daniel and Inspired African-American Brand’s Name By Creating Scholarships for His Descendants
The founders of the Uncle Nearest Premium Whiskey company, Fawn and Keith Weaver, have set up a scholarship specifically to support educational goals for the […]
Look Inside Shaq’s New Texas Suburban Home He Bought to be Closer to His Growing Restaurant Business and Children Months After His Ex-Wife Wed Houston Pastor
Shaquille O’Neal may be retired from the NBA, but his growing business empire has enticed him to purchase a home in a suburb of Dallas, […]
‘People Are Getting Poorer’: Financial Experts Say We are Not In a Recession. Consumers Say It Feels Like It
By Philip Aldrick, Enda Curran and Michael Sasso The recession calls are getting louder on Wall Street, but for many of the households and businesses […]
‘MTV Didn’t Understand It’: Nick Cannon Talks Bringing Toys ‘R’ Us Back, Teaching His Children About Wealth, and Using His Own Money to Create ‘Wild ‘N Out’
Nick Cannon has been a multi-hyphenate for a long time, combining his high-energy personality and business savvy to establish a multi-million-dollar empire and ensure generational […]
Recession Fear Drives the Dollar to Strongest Level Since 2020
By Yvonne Yue Li and Robert Fullem The dollar surged to its strongest level in more than two years as growing concern about recession prompted […]
Tik-Tok Like App for Kids, Zigazoo, Secures $17M In Funding. Major Investors Include Serena Williams, Jimmy Kimmel, and the NBA.
By Kim Bhasin The National Basketball Association is investing in Zigazoo Inc. as the kids’ social network gets more deeply involved with sports and media properties. The […]
‘I Stand In Humility to Correct Some Things I’ve Taught’: Megapreacher Creflo Dollar Has New Revelation for Congregants About Tithing Years After Asking Supporters to Buy Him a $65M Jet
For years, prosperity preacher Creflo Dollar has preached the importance of tithing, giving 10% of your income to your church, now he says he misled […]
‘Looked the Other Way, Pocketed Millions in Fees’: FTC Says Walmart Let Criminals Use Money Transfers for $197 Million In Scams, Retailer Should Repay Victims
The Federal Trade Commission is suing the country’s largest retailer Walmart for letting criminals use its money transfer services to scam consumers out of hundreds […]
‘Friends’ Co-Creator ‘Embarrassed’ By Lack of Diversity on Show, Donates $4M to Black Studies at Alma Mater; Show Accused of Copying ‘Living Single’
A white Hollywood showrunner decided to donate to the Black Studies department at her alma mater because of the lack of racial diversity she experienced […]
Rap Snacks Partners with the World’s Wealthiest Female Rapper, Nicki Minaj, to Introduce ‘Barbie-Que’ Chips”
Rapper Nicki Minaj is a bankable brand, one rooted in hip-hop culture and easily translatable in the commercial market. Whether music, fashion, and now the […]
Companies Are Buying Up Homes In Black Communities, Driving Down Black Homeownership In Atlanta, Mayor Wants to Put a Limit on Investors
By Brett Pulley and Michael Sasso With a booming economy and major corporations increasingly locating operations in his city, Atlanta Mayor Andre Dickens said that […]
Dave Chappelle Snaps Up 19 Acres Of Land to Block Million-Dollar Residential Project Around His Property
Ohio resident Dave Chappelle seemingly is going the extra step to block developers from building a subdivision near his home in Yellow Springs. According to […]
Tesla Is Sued Again by Black Employees Over Alleged Racism at California Factories
By Evan Peng Tesla Inc. was sued by 15 Black current or former employees who allege a racist work environment including harassment and intimidation at […]
R. Kelly’s Lawyer Says He’s ‘Destitute’ After Losing $900 Million Fortune To Being Financially ‘Defrauded.’
On June 29 R&B trailblazer R.Kelly was sentenced to 30 years for sex trafficking. The case has drawn out for years and now the once […]
Why MLK’s Daughter, Bernice King, is Teaming Up With Former Trump Aide To Launch Black Digital Bank
Civil rights icon Martin Luther King Jr. fought for fair housing. Today, his daughter activist and Atlanta native Bernice King says she is picking up […]