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 […]
‘If You Aren’t Able to Pay the Whole Thing Off There will be a Huge Cost’: Store Credit Cards Can Come With Astronomical Interest Rates
By Suzanne Woolley It’s tempting this time of year for shoppers to say yes to a store credit card that offers discounts on purchases. But those […]
Takeoff Dies Without a Will. His Estranged Parents Reportedly Are Battling Over His Multi-Million Dollar Estate
More than 77% of Black Americans don’t have a will, found an April 2022 Consumer Reports survey. Count late Migos member Takeoff as one of them. […]
Mortgage Rates Fell for a Fourth Week in a Row, Longest Stretch Since 2019
By Molly Smith US mortgage rates fell for a fourth week in a row, the longest such stretch of declines since May 2019. The contract […]
‘We Expect It Could Sell for Six Figures’: A Rare Jackie Robinson Rookie Photo from 1947 Is Up for Auction
Baseball legend Jackie Robinson’s rookie 1947 photograph is up for sale at an auction. The image is from when the trailblazer made his debut with […]
Why Americans Don’t Talk About Money With their Families
By Claire Ballentine Would you rather talk to your parents about their money or their funerals? It’s a tough call for some Americans. More than […]
‘My House Is Filled with Sparkles’: How Gospel Singer CeCe Winans Decorated Her Nashville Home for Christmas
It’s beginning to look a lot like Christmas at gospel singer CeCe Winans’s home in Nashville. Every year, Winans decorates her home immediately after Thanksgiving, […]
Black-Owned McBride Sisters Winery Aims to Help Women in Liquor Business
For almost half their lives, the McBride sisters didn’t know each other existed. Robin McBride had grown up in California and Andréa McBride-John in New […]
Black Couple Sells 236-Acre Farm In Upstate New York for $13M, Turning a $4.5M Profit
When Chid Liberty and Georgie Badiel Liberty purchased a 236-acre farm in 2021 for $8.5 million, they had no plans to sell the property. Instead, […]