Elon Musk, Mark Zuckerberg, and the World’s 500 Richest Billionaires Lost $1.4 Trillion in 2022
By Devon Pendleton For the vast majority of the world’s wealthiest people, 2022 was a year to forget. It’s not just the money that was lost, […]
Major Philly Mortgage Lender Accused of Continued Discrimination Against Black Borrowers
A new report by the National Community Reinvestment Coalition (NCRC) found that major mortgage lender and bank KeyBank has underserved Black borrowers in the Philadelphia […]
Here’s Where to Put Your Money in 2023
By Paulina Cachero The era of easy returns came to a screeching halt in 2022. Stocks were hammered with the S&P 500 on track for its worst annual […]
How Young Dolph’s Estate Will Benefit From the Late Rapper Owning His Music Masters
The legacy of Young Dolph will continue to live on and support his family even after his untimely passing. The 36-year-old rapper was fatally shot […]
‘I Too Have Bills’: Cardi B Claps Back at Recession and Wealth Comments
Cardi B recently let it be known that she doesn’t think anyone’s fortune is recession-proof. The hit rapper, who is worth more than $40 million, […]
‘Small Business Owners Need Access to Capital to Grow Their Businesses’: The Columbus Foundation is Helping Fund Black Businesses in Ohio
A Columbus, Ohio, nonprofit organization is empowering five Black-owned and Black-led businesses with low-interest loans under a new program created to address racial inequities. The […]
How Eddie Murphy Built His Impressive Net Worth on Comedy and Film
Eddie Murphy remains one of the busiest and hardest-working men in Hollywood. After more than four decades in the entertainment business, he’s still one of […]
Former Renter Nicki Minaj Purchases First Home–for $19.5M in L.A. Area
Nicki Minaj reportedly is now a California homeowner. She has acquired a home in Hidden Hills for nearly $20 million. After years of house hunting […]
Here’s Where There Was the Biggest Drop in Luxury Home Sales
By Alice Kantor High-end US home sales slumped the most on record in the three months ended Nov. 30, as a weak stock market and […]
How Advocacy Group ‘Where is My Land’ is Helping Black Families Reclaim Stolen Land
Taking back what was stolen is the relentless mission of one group to help Black Americans reclaim ancestral land. For decades, Black families in the […]
Investing Platform Robinhood Wants to Handle Your Retirement Dollars
By Suzanne Woolley Online brokerage Robinhood and its gamified trading app is going after retirement accounts. The fintech company launched its first retirement offering Tuesday, allowing a small […]
Lizzo Says Owning a Home Is “a Milestone for Me” After Once Living in Her Car Before Making It Big
In an interview with ‘CBS Sunday Morning,” that aired Christmas Day, Lizzo reflects on being a homeowner. Ten years ago, after dropping out of college […]
Should Crypto Investors Embrace SEC Regulation? SEC Chair Says It’s A Must for ‘Investor Protection’
By Lydia Beyoud Gary Gensler has positioned himself as one of the most consequential policymakers in American finance. He didn’t start off as a regulator. […]
Here Are Five Financial Moves to Make Before 2023
As 2022 comes to a close, it is time to begin thinking of how to manage our funds in 2023. As experts anticipate a recession […]
Inflation-Wary Shoppers Cut Spending, Leaving Goods Piling Up in Stores
By Lauren Coleman-Lochner, Kevin Simauchi and Steven Church Jude Snair knows retail. She works in the portrait department of a JCPenney at the Newport Centre […]
NBA Star Russell Westbrook Sells Brentwood Home for Almost a $6 Million Profit
Just months after NBA player Russell Westbrook purchased a new home across the street from his teammate LeBron James, he has sold his former home. […]
US Home Sales Plummeted at a Record Rate in November
By Paulina Cachero US home sales plummeted at a record rate in November as high mortgage rates crippled demand. Purchases dropped 35% year-over-year, according […]
The Black Resilience Fund Launches Guaranteed Income Program to Help 25 Portland Families
The Black Resilience Fund has a new goal of helping Black families reach their financial goals. Since it launched in June 2020, the program, backed […]