Stocks, Futures Waver Before Jobs Data; Oil Climbs: Markets Wrap
By Robert Brand Stocks extended their weekly losses, with traders assessing a mixed jobs report against prospects for Federal Reserve’s monetary policy. Technology shares led […]
Finurah Funding Friday: COVID Relief for Small Business, $200K for New York City Visionaries, and More Grants
Even though there are 2 million Black entrepreneurs, they have funding deficits compared to their white counterparts. African-American entrepreneurs have an average of only $32,205 […]
‘It Destroyed My Family’: An Athens, Georgia, Neighborhood Was Destroyed In the 1960s, Now Former Residents of the All-Black Community Want Reparations
Back in the 1960s, 50 Black families were forcibly displaced from their homes in an area of Athens, Georgia, known as Linnentown. The descendants of […]
Stock Market Volatility Drives Dollar Flows, Not the Other Way
By Kriti Gupta Call it the new, new normal in the trading relationship between the U.S. dollar and stocks. Equities volatility and the hedges that […]
Meet the Beauty Maven and Mompreneur Working to Uplift Black Women Professionals to One Another
Grinding to fulfill your dreams isn’t always pretty, but makeup artist and business owner Mimi Johnson is working to change that by lending fellow entrepreneurs a helping […]
Sean ‘Diddy’ Combs Wants to Buy His Sean John Brand Out of Bankruptcy
By Jeremy Hill Hip-hop entrepreneur Sean “Diddy” Combs has bid $3.3 million to buy the assets of Sean John, the fashion and lifestyle brand he […]
Landlords Are Less Likely to Reply to Applicants with Black Names
By Kelsey Butler Across the U.S., landlords are less likely to respond to applicants with African American and Latino-sounding names when renting properties, a practice that contributes to rising […]
Team of Young Inventors Develop Innovative Mobile App to Address Education Crisis In Their Native Nigeria
As students across the country prepare to head back to school, a group of young Nigerian inventors are working to ensure children like them are […]
Crypto Executives to Face House Lawmakers at Dec. 8 Hearing
By Ben Bain Some of the biggest names in crypto will head to Capitol Hill next week as lawmakers weigh new rules for the white-hot […]
White Kids Used to Make Fun of Her African Dress. Now, Busayo Michelle Olupona’s Designs are Sold in Saks Fifth Avenue
Former Black Panther Dr. Angela Davis, Madonna, “The View” show co-host Sunny Hostin, and actress Lupita Nyong’o. What do these seemingly different women have in […]
U.S. Companies Added 534,000 Jobs in November, ADP Data Show
By Molly Smith U.S. companies added workers at a healthy clip in November, suggesting employers continue to chip away at filling a near-record number of […]
Will Biden Follow Through On Making the Fed Diverse? He Has Choices
By Steve Matthews President Joe Biden has pledged that his nominations to the U.S. central bank will bring “new diversity” to the Federal Reserve, which […]
Your New Office Set-Up Is Going to Look a Lot Like the Old One
By Emily Cadman As companies prepare for a post-pandemic world, the much-mooted “hub and spoke” workplace model is evolving in unexpected ways. Forget the idea […]
Muni Strategists See Average of $470 Billion of Supply in 2022
By Danielle Moran Bankers in the $4 trillion municipal-bond market should prepare for a busy 2022 with issuance that’s mostly expected to be on par […]
Why It’s Still So Hard for Black Americans to Increase Home Ownership. New Report Finds Biased Home Buying Practices Get ‘Creative’
Housing has always been an explosive subject in Black America. Following slavery, Black Americans were restricted to where they could live in a segregated America. […]
Remembered For Disrupting The Fashion Industry, Designer Virgil Abloh Took a ‘3 Percent Rule’ to Transform Luxury Athletic Wear
If Virgil Abloh were a noun, his name would be ubiquity. The 41-year-old designer passed away Nov. 28, leaving an indelible mark on the world […]
‘Field of Dreams’: Meet the Black-Owned Distillery Named After Former Enslaved Man Who Taught Jack Daniels to Make Whiskey
Uncle Nearest, a rapidly growing Tennessee-based whiskey brand, recently closed on a $2.1 million deal that expands its footprint from 270 acres to 323.12 acres. […]
NYC’s First-Ever Vinyl Record Craft Beer Bar Survives Pandemic and Readies for Expansion
Who would have thought a business that combined craft beers and vinyl records would be a winning concept? It’s been working for NYC-based Chris Maestro, […]