US Prosecutor: FTX Cryptocurrency Exchange Founder Sam Bankman-Fried Responsible for ‘One of the Biggest Financial Frauds in American History’
By Ava Benny-Morrison and Chris Dolmetsch FTX cryptocurrency exchange founder Sam Bankman-Fried is responsible for “one of the biggest financial frauds in American history” and […]
‘Every Check Felt Like a Fight to Get’: How Two Tech Entrepreneurs Closed a $2.2M Seed Round for Their HR Platform
A startup company focused on transforming employee recruiting and retention has secured a multi-million dollar investment and is transforming its focus with a pivotal rebrand. […]
Feds: Unemployment Expected to Rise in 2023
By Matthew Boesler Federal Reserve officials are set to increase their 2023 unemployment projections for a third straight time amid warnings that their inflation-fighting campaign […]
Snoop Dogg and Master P Forced to Change Name of Their Planned Cereal, Snoop Loopz
Snoop Dogg and Master P are asking fans to help them rebrand the name of their breakfast cereal after the enterprising duo was forced to reconsider its […]
Most Remote Workers Will Opt to Work During Holiday Break
By Matthew Boyle Two out of three Americans say they’ll be ready to work during the holidays even if they’ve taken the time off, pressured by […]
Delaware Emerges as Best State for Black Tech Businesses
New research sought to discover which of the U.S. states had the most influential tech companies founded by African Americans. And it found that Delaware […]
Surging Heating Costs May Spark Higher Rents
By Jennifer Epstein From homeowners renting out spare rooms to publicly traded real estate investment trusts, landlords in colder areas of the US are bracing for […]
Five Times Hip Hop Mogul Snoop Dogg Started a Business In 2022
Snoop Dogg has been consistent in creating new businesses throughout 2022. Born Calvin Cordozar Broadus Jr., the 51-year-old veteran rapper has built a net worth of […]
Bitcoin Lingers Near $17,000. Has Dropped More Than 60% This Year
By David Pan Bitcoin is finishing the week mired in the narrow range that has existed since the collapse of the FTX exchange, while Coinbase […]
Filmmaker Ava DuVernay Becomes First Black Woman to Get Her Own Ben & Jerry’s Ice Cream Flavor
Filmmaker Ava DuVernay will be selling ice cream. She has partnered with Ben & Jerry’s for her very own flavor, Lights! Caramel! Action! The flavor […]
The Rise and Fall of Music Mogul Damon Dash. Here’s What Happened to his $50 Million Fortune
In the late ’90s, Dame Dash was one of the most powerful men in hip-hop. The founder of one of the most seminal rap labels […]
Inside Corporate America’s Biggest Settlements
By Minh-Anh Nguyen A list of the largest US corporate settlements reads like an atlas of boardroom disasters. After the financial crisis, Bank of America […]
Markets Wrap: Stocks Take a Late-Day Slide
By Rita Nazareth Stock traders took risk off the table at the end of a week that saw recession fears resurface and a hotter-than-estimated inflation […]
Reports: Kanye West’s Yeezy Brand Hit with Tax Liens and Lawsuit
Disgraced former billionaire Kanye West is facing more financial backlash from his continued rash of remarks that have been blasted as anti-Semitic. His company, Yeezy, […]
US Household Net Worth Drops $392 Billion; Falls For Third-Straight Quarter
By Reade Pickert US household net worth fell for a third-straight quarter as equities continued to retreat. Household net worth decreased $392 billion in the […]
‘We Have the Opportunity to Create a Destination’: Jay Z and Roc Nation Join Team Proposing a Casino for NYC’s Times Square
The city that never sleeps might soon be gambling the night away at a casino, and a certain Brooklyn rapper seems to have the blueprint. […]
How the Federal Reserve Is Deflating Financial Bubbles, Without a Crash
By Rich Miller The Federal Reserve hasn’t had much success so far in wrestling down sky-high inflation, but its monetary tightening campaign is having a […]
Jill Scott’s Net Worth: How Movies and Music Helped Build her Multi-Million Dollar Fortune
Jill Scott is one busy lady. Not only is she starring on the popular BET+ series “First Wives Club” she’s also embarking on a tour […]