A Year of Inflation-Beating Yields With No Risk? Time May Be Running Short
By Charlie Wells Their returns are high, their risks almost nil. They perform best during bouts of inflation and to some investors, they may simply […]
An Elon Musk in the Making? Florida Teen Landed More Than $4M In Scholarship Offers. He’s Already Working on a Patent for an Invention to Help the Blind.
A Florida teenager has hit the academic jackpot, receiving more than $4 million in scholarship offers and 27 acceptance letters from some of the nation’s […]
U.S. Consumers Hang In There Despite Bigger Bite From Inflation
By Molly Smith It’s not all doom and gloom for the U.S. economy. Thursday’s reports of retail sales and consumer sentiment offered a glimmer of […]
Combining Community and Commerce: Why Customers Continue to Snap up $400 Hats from FlameKeepers Hat Club in Harlem
Hats are hot. The hat sales industry revenue is more than $2 billion a year, according to Statistic Brain. “Hats are certainly making a major […]
Tesla Racism Case Award Cut to $15 Million From $137 Million
By Malathi Nayak, Joel Rosenblatt and Dana Hull A federal judge cut to $15 million a staggering $137 million in damages awarded by a jury […]
U.S. Gas Hovers Near $7 as Cold Weather Strains Tight Supplies
By Dan Murtaugh U.S. natural gas futures extended gains to the highest level since January’s record short squeeze, after the U.S. government reported tighter-than-usual stockpiles […]
‘I Want Us to Take the Power of Web and NFTs Into the Arts’: Spike Lee Launches NFT Collection of His Iconic Film ‘She’s Gotta Have It’
Spike Lee is entering the non-fungible tokens game in the most nostalgic way possible. In a joint venture with The Visible Project, Lee will give fans […]
Stagflation Risk Has Investors Sinking Billions Into Hedges
By Greg Ritchie, Liz Capo McCormick and Ruth Carson It’s the next big market call that could enrich traders across Wall Street: The raging global […]
Why Beyoncé Chipped in to Keep Boogie Down Grind Hip-Hop Coffee Spot Up and Running In the South Bronx
Majora Carter is a different kind of entrepreneur and real estate developer. She brings businesses to blighted Black communities in hopes of revitalizing the area […]
Black and Hispanic U.S. Millionaires Own the Fewest Stocks, UBS Finds
By Jill R. Shah Black millionaires in the U.S., as well as those who are Hispanic and Latino, have a smaller-than-average allocation to equities and […]
Celebrities Can’t Promote Stocks. Can They Endorse NFTs?
By Misyrlena Egkolfopoulou Hollywood stars are making a swift march into the NFT universe as regulators struggle to oversee the space. Hundreds of celebrities from Madonna and […]
How Greenwood Became the Most Hyped Startup in Black America
By Brett Pulley and Jordyn Holman Over the past year-and-a-half 700,000 people have added their names to the waiting list of a financial startup named […]
Inflation Is Recasting Amercians’ Relationship With Money — and Each Other
By Claire Ballentine and Charlie Wells The steepest inflation in more than 40 years is rattling budgets across the U.S., fueling changes in spending habits and […]
Battle for Black Tennessee Town Continues as Town of Mason Gets Its Day In Court with Lawsuit Against State Comptroller Over Financial Control
The ongoing conflict between the predominantly Black town of Mason, Tennessee, and the state’s comptroller has resulted in a lawsuit that has advanced to oral […]
California Reparations Task Force Opts For ‘Lineage-Based Approach. Benefits Will Go Only to Blacks with a Direct American Slave Ancestor
A victory for African-American descendants of enslaved people will not be shared by other Blacks in the U.S. “Now that we know who’s eligible, let’s […]
‘It’s the Nine-Figure Club’: Hip-Hop Star Rick Ross Explores Wealth In His New TV Show
Over the years, Rick Ross has candidly disclosed the importance of entrepreneurship and maintaining wealth on his social media page. The “Aston Martin Music” rapper seems to be taking […]
California Mandated That Corporate Boards Must Be Diverse; Conservative Legal Group Just Got Court To Rule Landmark Law Unconstitutional
Just last month, California Gov. Gavin Newsom declared that it was important for minorities to have a voice on the boards of powerful corporations. The […]
The Metaverse Requires a Whole New Vocabulary to Navigate Web3
By Claire Ballentine and Misyrlena Egkolfopoulou Even if you’ve heard of the metaverse, you’ll be forgiven for not knowing quite what it is. Because, of […]