Big Tech Getting Crushed in Jittery Day for Stocks: Markets Wrap
By Rita Nazareth As the Federal Reserve gets ready to wrap up its final meeting of the year, another report showing inflation running hot sank […]
McDonald’s Must Do More to Help Black Franchise Owners, Group Says
By Leslie Patton As association of Black owners of McDonald’s Corp. franchises says the company needs to do more to reduce the inequities they face, […]
Ernesta Procope, the ‘First Lady of Wall Street’, Dies at 98
By Laurence Arnold Ernesta Procope, whose insurance company was greeted as the first Black-owned business on the boulevard of American finance when it relocated its […]
‘We’re on Track to Quintuple Our Revenue’: Black-Owned LS Cream Liqueur Business Saw Sales of Its Haitian-Inspired Cremas Soar In 2020
During the pandemic, sales of cream liqueur grew by 22.8 percent, found a Nielsen survey. LS Cream Liqueur is part of that growth as the […]
Elected Officials ‘Need to Do More’: Joblessness Crisis for Black Men Costs Economy About $50B Per Year, According to New Report
The number of unemployed Black men in the U.S. has grown so much that it’s costing Black communities $50 billion in income every year, a […]
T.I. and Killer Mike Are on a Mission to Revitalize Historic Bankhead Seafood Restaurant In Atlanta
T.I. and Killer Mike are continuing their mission to give back to Atlanta communities by moving ahead with their previously announced plans to revitalize local restaurant Buckhead Seafood. […]
Forget Generational Wealth? One Real Estate Investor Says Focus In Black America Should be on Transformational Wealth
Some people are throwing the phrase “generational wealth” as the be-all-end-all solution to the massive racial wealth gap. But Kevin “KayR” Robinson, co-founder of KayJay […]
No Strings Attached: Hundreds of Black Women In Georgia to Receive Guaranteed Income Through Nonprofit’s Program That Aims to Fight Racial Wealth Gap
Hundreds of Black women in Georgia soon could be getting roughly $800 a month as part of a new initiative to boost financial stability, mental health, and […]
How Working at the Car Wash At Age 13 Shaped Rick Ross’ Work Ethic
Rick Ross has been pruning himself for boss status since his adolescence. The Miami rapper can even trace back his days of earning money to the […]
Young Workers Want Green Jobs, New Study
By Alice Kantor A sea change is happening in the world of work. In fact, it’s a sea, air and wildlife change. A growing number […]
Stay Schemin’: Rick Ross Talks Financial Strategy to Help Everyone Get Rich
The “Biggest Boss” Rick Ross built his multi-million dollar empire with almost two dozen partnerships and business ventures like Rap Snacks, Checkers, Luc Belaire, and a new hemp line […]
Florida Black Farmers Who Got USDA Settlements Face Hurdles to Get Set-Aside Marijuana Grow License
“Is Florida really committed to diversity in this industry?” Dr. Latresia Wilson asks when thinking of the state’s health department singling out Florida’s Black farmers […]
Finurah Funding Friday: Finding Grants Available For Black Business Owners from the Empire State to the Tar Heel State
While the COVID-19 pandemic hit most businesses hard in the U.S., most affected were Black small businesses, and disproportionately. Not only are Black businesses concentrated […]
Stocks Rise as U.S. Inflation Meets Expectations: Markets Wrap
By Lu Wang and Jennifer Bissell-Linsk U.S. stocks rose Friday after in-line inflation data spurred bets the Federal Reserve won’t have to accelerate plans to […]
‘Business is Evergreen’: Kevin Hart’s Goal is to Become a Billionaire in Three Years and Prove It’s ‘Doable’ for Others from His Hometown
Kevin Hart has his sights set on reaching billionaire-mogul status. The comedian is well on his way to amassing the unfathomable fortune, which he hopes to […]
Missouri Man Receives $1M Donation for Nonprofit Aimed at Empowering People With Disabilities
Wesley Hamilton, who founded the nonprofit Disabled But Not Really after being shot twice in the abdomen and paralyzed nearly a decade ago, recently received […]
U.S. Homeowners Gained Average $57,000 in Equity in One Year
By Alex Tanzi Historic home price growth boosted U.S. homeowner equity by 31% in the third quarter from a year ago, adding $3.2 trillion to […]
‘Let’s Get It’: Nearly 90 Percent of Grads From 50 Cent’s Recently Launched G Unity Entrepreneurs Business Lab Have Secured Jobs
50 Cent is paying it forward by helping the youth jump-start careers as thriving entrepreneurs. The rapper-entrepreneur launched his G Unity Business Lab this fall in […]