Media Mogul Byron Allen: White Corporate America Has a ‘Trade Deficit’ with Black America That Must be Fixed
Media mogul Byron Allen, founder, chairman and CEO of Allen Media Group and Entertainment Studios, says it’s time for white corporate America to share the […]
Blacks in D.C. Reportedly Make Up Nation’s Most Financially Disadvantaged, New Study Identifies States with the Biggest Racial Wealth Gaps
Inequity in American society is not new. And while it’s present in various facets of life, one of the most striking areas is the wealth […]
Hackers Snagged $36 Million in Crypto in Breach of IRA Financial
By William Turton A hack at IRA Financial Trust, which offers self-directed retirement accounts, resulted in the theft of $36 million in cryptocurrency, according to […]
Super Bowl Ad Blitz Tells Americans: Stop Worrying and Just Buy Crypto
By Misyrlena Egkolfopoulou Firms that offer crypto products had a message for the American public during the Super Bowl: Ignore the haters and start buying. […]
Jamaican Immigrant Becomes First Black Woman Chosen to Lead a Federal Reserve Bank
Economist Susan M. Collins has become the first Black woman to lead one of the 12 regional Federal Reserve banks since the central bank system was created […]
‘Business Owners Not Giving Up’: Chicago Area Black-Owned Businesses Opening and Flourishing Despite the Pandemic
There’s been a surge in Black businesses during the pandemic. In fact, Black business ownership is up 38 percent from pre-COVID levels, according to the […]
Tech Leads Stock Rebound From Lows; Yields Surge: Markets Wrap
By Rita Nazareth Stocks pared losses as beaten-down technology companies rallied, despite a surge in Treasury yields. The S&P 500 still dropped for a third […]
Black-Owned Breweries In Chicago Collaborate On ‘Revolutionary’ Residency and Debut Beer Brand On Super Bowl Sunday
Six Black-owned beer breweries have teamed up for a six-week residency program in Chicago. The residency will run through the beginning of March and is […]
‘Donda Sports Wants To Buy The Broncos’: Is Antonio Brown The Messenger For Kanye West And Byron Allen Black NFL Ownership Team?
The Denver Broncos appear to be the most serious contenders for the first NFL franchise to sell to a Black ownership team. Media and TV mogul Byron Allen announced […]
Sashi Brown Becomes Just the Second Black Team President in NFL History With Baltimore Ravens Hire
The Baltimore Ravens hired Sashi Brown as the new team president. Dick Cass is stepping down after 17 years in the position, so the Ravens nabbed the one-time Browns […]
NFL Financing Rules Are Holding Back Black Ownership of Teams
By Brett Pulley Media mogul Byron Allen is looking to buy the Denver Broncos in an auction that could reach $4 billion or more. If […]
U.S. Stocks Fall, Bonds Rise Amid Ukraine Tensions: Markets Wrap
By Stephen Kirkland and Vildana Hajric Stocks dropped, while investors sought safety in Treasuries as the U.S. warned Russia could take offensive military action against […]
Finurah Funding Friday: Black History Month Business Pitch Competition and Regional Grants
As entrepreneurs, you will realize that while some support systems require funding, there are also opportunities to receive technical assistance. Technical assistance for businesses can […]
Homebuyers Swarm to High-Risk, High-Reward Fixer-Uppers in Red-Hot Market
By Claire Ballentine and Paulina Cachero Real estate bidding wars are breaking out, new listings are disappearing within days and prices are expected to rise even further. What’s […]
How U.S. Tax Code Disadvantages Black Americans But Privileges White Families
One of the things widening the racial wealth gap is the federal tax code. The way the tax code is written puts Blacks at a […]
‘I Will Take It All Off the Table’: Comedian Dave Chappelle Helps Torpedo Affordable Housing Project In Tiny Ohio Community He Lives In
Comedian Dave Chappelle doesn’t want a new housing development built near his home in southwest Ohio, telling local officials this week a property that size […]
‘She Opened Doors for Other Black Women’: Pioneering Entrepreneur Madam C.J. Walker’s Hair Care Line Relaunched In Walmart By Descendant
Madam C.J. Walker built a hair Care empire in the late 1800s and early 1900s. In the process, she became the first female self-made millionaire […]
Stocks, Bonds Extend Declines on Bullard Comments: Markets Wrap
By Stephen Kirkland and Vildana Hajric U.S. stocks extended declines after Fed Bank of St. Louis President James Bullard said he supported raising rates by […]