Business & Economy - Page 2
The Black unemployment rate has been seen by many financial analysts as a bellwether for where the economy as a whole could be headed.
As prices and unemployment rates rise, a growing number of Americans are struggling to afford housing, health care, and groceries.
A real investment in Black children would not look like a locked brokerage account they can’t touch for 18 years while their families struggle now.
A separate report has shown that Black homeownership has fallen to its lowest rate since 2021, with rising unemployment being cited as a reason.
American shoppers opened their wallets in a major way during Cyber Week, spending over $44 billion over the five-day period from Thanksgiving to Cyber Monday. The period kicked off with a strong start on Thanksgiving Day, with many shoppers browsing and buying online even before the turkey was cold. Black Friday was no longer just […]
In his latest column, writer Corey Richardson gets real and honest about personal finance as a middle-aged Black man and father of two.
You might be surprised to discover that some of the brands most closely associated with Black culture aren’t actually Black-owned.
Tesla’s global deliveries fell 13% in Q1 2025, with 336,681 vehicles sold, down from 387,000 in the same period last year. Analysts had projected 408,000 deliveries, and Tesla’s stock has dropped nearly 50% since December. Several factors contributed to the decline, including: An aging vehicle lineup, with buyers delaying purchases ahead of an expected Model […]
Financial educator Markia Brown offers key points to keep in mind as families navigate the aftermath of the Los Angeles wildfires.
Several major U.S. companies are buckling under pressure from conservative groups to scale back or eliminate diversity, equity, and inclusion (DEI) programs.
Amazon initially denied paid leave to Alexis Scott-Windham, a Black woman who was run over and shot in the New Orleans attack, before finally reversing its position.
2024 was not a kind year for many well-known companies across several industries. From consumer brands, to restaurants and retail stores chains, several companies filed for Chapter 11 bankruptcy. While filing for bankruptcy means a company is definitely in some dire straits, it doesn’t necessarily mean it will be gone for good. Here are 20 […]