American Mortgage Payment Costs Are Now 36% Higher Than a Year Ago
By Claire Ballentine Finding a home to buy is only the first struggle. Then there’s paying the mortgage. That’s become increasingly challenging, with the average American […]
Finurah Funding Friday: Questions Grant Seekers Must Answer, and Some Available Accelerator Programs and Local Grants
Grant awards provide entrepreneurs with funding that does not need to be repaid and often technical support from the funding agency. Yet what does it […]
Pittsburgh’s Not the Place: New Study Ranks Cities Where Black Businesses are Flourishing and Where They are Not
More Black people are turning to entrepreneurship, as Black-owned businesses are growing across the country. But there are certain regions that are more Black-business friendly […]
Workers Are Getting Paid Time-Off Even Before Starting a New Job
By Allison McNeely Some companies have started offering new hires paid time-off before their start date to attract talent in a competitive job market. SevenRooms, […]
Has the Tech Bubble Deflated Enough to Be a Buy?
By Suzanne Woolley Almost 70% of technology stocks have fallen so far that they’re in a bear market (down more than 20%), and almost a […]
‘When We Talk About the Advancement of the Black Community, You Can’t Do That Without Elevating the Black Woman’: Malcolm Jenkins’ Venture Capital Fund Welcomes New Female Investors
NFL player Malcolm Jenkins has expanded his venture capital fund Broad Street Ventures by adding two new investors. From the inception of Broad Street Ventures […]
Mortgage Rates Fall for Second Week With 30-Year at 3.76%
By Jo Constantz Mortgage rates in the U.S. slid as global markets churn over Russia’s invasion of Ukraine. The average for a 30-year loan was […]
U.S. Jobless Claims Fall to Lowest Level Since Start of Year
By Raeedah Wahid Applications for U.S. state unemployment insurance fell by more than forecast to the lowest level since the start of the year, as […]
Tennis Great Serena Williams’ Growing Venture Fund Raises $111 Million; Invests In African Tech Startup
Tennis star Serena Williams has raised $111 million for her early-stage venture capital firm Serena Ventures, she told the DealBook newsletter. The company manages a portfolio […]
A Texas Telecom Company Allegedly Isolated Black Employees Into a Separate Room with Cameras, Now Ten Former Employees Have Won a $70 Million Federal Discrimination Suit
A Texas jury has awarded nine Black and one white former employees of a telecom company $70 million after they won a racial discrimination lawsuit […]
No Corner of U.S. Stock Market Left Untouched by Ukraine War
By Matt Turner and Bailey Lipschultz Investors are rushing into cash as the war in Ukraine roils markets across the globe and erodes demand for […]
‘All of a Sudden, You’re Making Extreme Amounts of Money’: NBA Great Grant Hill Teaches Athletes How to Handle Their Money
Retired NBA player Grant Hill, a co-owner and executive of the Atlanta Hawks, is widely considered one of the game’s greatest players. His success in […]
Fed Chair Powell Backs Quarter-Point March Rate Hike, Open to Bigger Moves
By Craig Torres Federal Reserve Chair Jerome Powell backed a quarter-point interest-rate hike this month to commence a series of increases and didn’t rule out […]
Demand for Cash Jumps From Fund Managers Stressed by Russia
By Vildana Hajric and Katie Greifeld Investors are rushing into cash as the war in Ukraine roils markets across the globe and erodes demand for […]
‘Breaking Generational Curses’: Black Parents Teach Children Financial Literacy to Support Closing Wealth Gap
When Kyren Gibson became a father, he realized that more than anything, he wanted his son, Kyng, to have a keen understanding of finances and […]
Where are the World’s Richest People Buying Property? London, Paris, New York
By Venus Feng and Devon Pendleton Billionaires the world over have flocked to London in recent decades, lured by its abundant luxury real estate and […]
Black Founders Reflect on the Present and Future of Black Entrepreneurship
Black- or African-American-owned businesses total an estimated 134,567 in the United States. These businesses have $133.7 billion in annual receipts and employ some 1.3 million […]
Stocks and Futures Fall, Bonds Surge on Ukraine: Markets Wrap
By Robert Brand Stocks fell as investors assessed the risks to the global economic outlook amid geopolitical uncertainties. Treasuries climbed, with traders abandoning their bets […]