Changing America’s Cocktail Culture: Black Venture Capitalist Invests $5 Million In Minority- Owned Hella Cocktail Co.
Hella Cocktail Co. is on cloud nine after celebrating a $5 million investment into their mixology company. It was founded by three entrepreneurs: Jomaree Pinkard, […]
‘Banking While Black’ Is the Next Target for Civil Rights Lawyer Ben Crump
By Sarah Rappaport After chalking up major financial victories for the families of George Floyd and other victims of police brutality, civil rights lawyer Ben Crump said […]
Recession, Here We Come? Majority of Americans Believe Economy Is Already Collapsing
Americans are feeling the inflation pinch so much so that a majority of them already thing the country has entered a recession. The government has […]
Black Women Founders Raise $4.25M For Workplace Software Firm Five to Nine
Events management software company Five to Nine has raised $4.25 million in venture capital. TechCrunch reported earlier this month that the company owned by Jasmine […]
Black Equity on Wall Street Two Years After George Floyd
By Sonali Basak Progress over the years toward equity for Black Americans has been shaky—at best. In the wake of George Floyd’s murder by Minneapolis […]
Criminal Background Checks for Renters in Minnesota Are Discriminatory and Violate Fair Housing Act: City to Pay In Lawsuit Settlement
The city of Faribault, Minnesota, has settled a racial rental discrimination suit brought by the American Civil Liberties Union of Minnesota over the city’s requirement […]
Goldman Goes to Brooklyn Championing Program to Help Black Women
By Amanda L Gordon It seems crying in Goldman Sachs offices not only happens, but can lead to good things. Gizelle George-Joseph, who accepted an […]
‘There’s So Much Fear’: Crypto Winter Descends on Traders
By Charlie Wells, Misyrlena Egkolfopoulou and Claire Ballentine The “fear of missing out” that characterized so much of the investing landscape over the past two years […]
Time to Start Budgeting: Here’s How the Fed’s Interest Rate Hike Will Affect Your Wallet
The Federal Reserve has hiked interest rates by 0.75 percentage points. It’s the highest in 28 years. On June 15, the Fed issued its largest […]
Is a College Degree Worth It? College Degrees Lose Luster as Inflation Surges and Student Debt Balloons
By Paulina Cachero Sam Wren didn’t even consider going to college. The 18-year-old from Utah said the decision was a no-brainer when he compared the nearly […]
Black Doctor Who Said JP Morgan Chase Wrongly Accused Her of Check Fraud Reaches Settlement In Lawsuit Against Bank
A Black physician in Texas and JP Morgan Chase & Co. have reached a settlement ending a racial discrimination claim accusing two bank employees of […]
Are Crypto Billionaires Going Broke? Fortunes Are Vanishing as Quickly as They Were Made
By Tom Maloney One built a massive fortune that rivaled the wealthiest US tech titans. Another amassed a war chest that he vowed would change […]
Meet the Man Who Turned a $1500 Investment and a Passion for Learning Black History Into a $2M Business
Freddie Taylor believes people should learn about Black History all year round — not just in February during Black History Month. He turned this goal […]
Elon Musk, Tesla, SpaceX Sued For $258 Billion in Alleged Dogecoin Pyramid Scheme
By Bob Van Voris Elon Musk, SpaceX and Tesla Inc. were sued for $258 billion over claims they are part of a racketeering scheme to […]
There Are Other Ways to Build Wealth if You Can’t Afford to Buy a Home
By Paulina Cachero and Claire Ballentine Homeownership has long been touted as one of the best ways to build wealth. But for many Americans, that path to […]
Gas Station Manager Fired After Accidentally Charging .69 Cents a Gallon For Gas — Costing the Company $20K
Gas prices have risen to nearly $7 in some parts of the country. But a California Shell gas station manager mistakenly sold gas recently for […]
Most Parents Spend Over 20% of Their Income on Child Care
By Ella Ceron The cost of child care is rising, and it’s causing parents to reassess whether they’ll have more children. More than half of […]
‘I Took My Pain and I Turned It Into Purpose’: Black Beauty Entrepreneur Continues to Push for Diversity In Beauty with Her Latest Venture
Beauty care expert Nyakio Grieco has created a new skin care product that she claims will revolutionize the market with technology that enhances the topical […]