Poet and Civil Right Activist Maya Angelou Becomes First Black Person to Appear on the Quarter Coin
Poet and civil rights activist Maya Angelou’s face joined the first president of the United States on a select number of quarters minted for distribution […]
‘I Want to be Paid Fairly’: One of the Highest-Paid Actresses on Television, Angela Bassett Talks Being Paid What You’re Worth
Angela Bassett has been a long-time respected actress who time and time again gives everything she has to the characters she plays. It’s not just fans […]
Is This Enough? Santa Monica Offers Descendants of Displaced Black Communities Affordable Housing.
In the 1950s and 1960s, two distinct communities of Santa Monica, California –Pico and Belmar Triangle–were filled with Black families. Over time, an estimated 600 […]
‘I Don’t Invest In Businesses, I invest In People’: Why NFL Quarterback Cam Newton Is Investing In Plant-Based Chicken Startup Daring Foods
NFL quarterback Cam Newton may have recently played his last game with the Carolina Panthers, but he is entering a new business venture. He has become […]
The Great Resignation Is Growing and Black Women Are Ditching Their Jobs. Here’s Why
The Great Resignation continues to grow. In November 2021, a whopping 4.5 million workers either left or switched jobs, according to data released by the Bureau of Labor […]
One Coin’s 99% Jump Shows Power of Crypto Memers on Social Media
By Alice Kantor The recent rally of a digital asset with no inherent value based on a puppy dog shows that the memecoin boom isn’t […]
Crypto Creeps Into U.S. Politics as Candidates Offer NFTs
By Kenneth P. Doyle Congressional candidates are beginning to break into the world of cryptocurrency by selling non-fungible tokens to help finance their campaigns in […]
Bitcoin Is Off to Its Worst Annual Start Since the Dawn of Crypto
By Vildana Hajric and Akayla Gardner Bitcoin dipped below $40,000 for the first time since September, putting it on pace for its worst start to […]
Do Not ‘Leave People with Entrepreneurial Energy Behind Because of the Color of Their Skin’: Government Announces $10 Billion Initiative to Boost Small Businesses
Black businesses, which already have major challenges in getting funding, have been hard hit by the pandemic. They also failed to receive pandemic government funding […]
Stocks Drop as Inflation, Rates, Virus Stir Alarm: Markets Wrap
By Rita Nazareth and Vildana Hajric Stocks were on pace for their longest losing streak since September as prospects for higher rates and inflation unsettle […]
U.S. Inflation Rate Is Probably Going to Spike Again: Eco Week
By Vince Golle U.S. inflation probably hit the fastest in four decades, helping explain a shift in the Federal Reserve’s approach to monetary policy as […]
Fed Can’t Solve Racism But Leaders Must Speak Out, Bostic Says
By Steve Matthews Central bankers need to speak up about economic barriers prompted by racism and the need for inclusion and diversity, Federal Reserve Bank […]
One Step Closer to Becoming a National Preserved Treasure: Detroit’s First Black Owned Bookstore Secures $15K Preservation Grant
The site of Detroit’s first Black-owned bookstore is one step closer to becoming a national preserved treasure. Vaughn’s Bookstore, once located on the city’s west […]
Not All Debt is Created Equal: How Costlier, Riskier Debt Is Hurting Chances for Black Households to Build Wealth
It can be good to have some debt, as debt can actually help build wealth. But it all depends on the type of debt. Other […]
Finurah Funding Friday: Need Money to Take Your Side Hustle to a Sustainable Business? Here Are Grants to Apply for This Month
It’s no secret that identifying funding for small businesses can be like finding a needle in a haystack. As entrepreneurs grow their business from side […]
U.S. Jobless Rate Falls as Wages Jump, Adding Pressure on Fed
By Reade Pickert The U.S. unemployment rate fell below 4% and wages jumped last month, adding to evidence of a tight labor market that’s expected […]
Looking a Little More Like America: Federal Reserve Boosts Diversity in Bank Board Leadership
With white male bankers having dominated the U.S. central banking system, the Federal Reserve in 2020 vowed to make the staffing in its system reflect […]
Old National Bank Settles Federal Redlining Complaint. Agrees to $27 Million in Loans to Qualified Black Applicants
One of the country’s largest financial institutions Old National Bank has agreed to settle a federal redlining court complaint. The largest financial services holding company […]