Wall Street Ends Crazy Year With Existential Angst and Big Bonuses
By Max Abelson As Goldman Sachs Group Inc. boss David Solomon chatted at a November dinner for retired partners, he mentioned that the firm will […]
Sharon Bowen Becomes First Black Woman to Chair of NYSE Board
The appointment of finance and securities lawyer Sharon Bowen as chair of the New York Stock Exchange makes her the first Black woman to hold […]
‘Racism Is Not Allowed Here’: Ray J Blasts Racist Person at His Company
Ray J isn’t letting anyone walk all over him when it comes to his business. The R&B singer uploaded a video on Dec. 20 where he […]
Crypto’s Wild 2021 Will Go Down as One for the Ages
By Joanna Ossinger Cryptocurrencies had a blockbuster year in 2021 by almost any measure. Bitcoin, Ether and other coins jumped, reaching new highs far beyond their previous […]
Entrepreneur Launches First-Ever Black Virtual Mall with Ecommerce Companies Eager to Reach New Customers
Black e-commerce is venturing into virtual reality with the first-ever Black Virtual Mall. Created by serial entrepreneur and native of Brooklyn, New York, Alquincia “Akanundrum” […]
Surprise, Surprise: Jersey Shore Town Beats Florida Locales as Zillow Retirement Hotspot
By Claire Ballentine Warm weather, no state income taxes, palm-fringed beaches and condos have made Florida the quintessential U.S. retirement destination. But a little shore […]
Rich Americans Find Tax Gap Hard to Ignore With SALT Debate Raging
By Ben Steverman For America’s wealthy, the tax gap between states is getting more difficult to ignore. More than a dozen states, most run by Republicans, […]
Same Doll But Walmart Sells Black Version At High Price Than White Version. Shoppers Find More Examples
Retail giant Walmart is apologizing after a customer noticed that a Black baby doll set cost almost $15 more than the white doll set. A […]
Hip-Hop Veteran Ja Rule Gifting His Children NFTs for Christmas to Set Them Up to Make Future Investments
Ja Rule is proudly riding the crypto wave this Christmas. While most are exchanging the season’s most coveted items and luxury trinkets, Ja Rule is instead […]
Crypto Funds Explode in Boom Year Marked by First U.S. Bitcoin ETF
By Katherine Greifeld Even beyond the launch of the first U.S. Bitcoin futures ETF, cryptocurrency funds notched some notable global milestones in 2021. The number of […]
Being Tuned Into Their Customers’ Needs, Up-and-Coming Brooklyn Tea Shop Did a Successful Pandemic Pivot
In 2019 a new tea room and tea shop in Brooklyn, New York, created a local buzz for its imported teas. Having been opened in […]
SEC Plan Forces Firms To Reveal Swap Positions
By Ben Bain U.S. regulators are seeking to restrict hedge funds and family offices from using complex derivatives to secretly build huge stakes in public […]
Tax Bills for Rich Americans in Doubt With Biden’s Plan Adrift
By Laura Davison A tax year that just months ago was set to end with a frantic scramble by wealthy Americans to complete moves averting […]
Here Are Cities With High Black Homeownership Rates, Defying National Trends
In some regions of the U.S. with large non-white populations, Black homeownership is higher, but that isn’t always the case. For example, New York City […]
Homebuyer ‘Love Letters’ Could Result in Bias, Real Estate Firm Wants to Block New Oregon Law Banning Them
In a competitive housing market, homebuyers will stop at nothing to persuade an owner to accept their bid. While some potential buyers will offer additional […]
Jackson State QB Shedeur Sanders Signs NIL Deal With Tom Brady And Brady Brand
Tampa Bay Buccaneers legendary QB Tom Brady has conquered every feat on the gridiron, as evidenced by the seven Super Bowl victories and numerous NFL passing records […]
Meme Stock Traders Thrilled by DOJ’s Criminal Probe of Hedge Funds
By Claire Ballentine and Misyrlena Egkolfopoulou The horde of rambunctious individual investors across Reddit, Stocktwits and Twitter are thrilled with a sense of vindication. They’ve […]
Pfizer, GameStop and Roku: Investments in the Spotlight
By Donald Moore and Heesu Lee Pfizer Inc. said Wednesday that a third shot of its Covid vaccine may be needed to help boost resistance against the […]