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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
US mortgage rate climbs to nine-month high of 6.51% as inflation fears mount
- By Black Hot Fire Network Team
- . May 27, 2026
The average 30-year fixed mortgage rate hit 6.51% for the week ending May 21, 2026, according to Freddie Mac. That’s the highest reading since August
‘There’s no way I’m going to the US now’: Irish students choose Europe over J1 for summer jobs – The Irish Times
- By Black Hot Fire Network Team
- . May 27, 2026
Every year, more than 5,000 Irish students acquire a J1 Summer Work and Travel visa, which allows them to enjoy a working holiday in the
Hyundai Launches New Mobile Maintenance Service at U.S. Dealers
- By Black Hot Fire Network Team
- . May 26, 2026
Hyundai dealerships, backed by Fountain Valley-based Hyundai Motor America, are expanding a new mobile service program that dispatches vehicles to customers’ homes and workplaces for
Oil Prices Surge Amid U.S.-Iran Tension
- By Black Hot Fire Network Team
- . May 26, 2026
Oil prices climbed on Tuesday as investor sentiment was shaken by U.S. military actions in Iran, despite hopes of an imminent U.S.-Iran peace deal. The
Free Grants and Programs for Small Business | CO
- By Black Hot Fire Network Team
- . May 25, 2026
Whether you’re starting a new small business or looking to grow the one you already own, finding funding can be a challenge for businesses of
Warsh Takes Fed Helm, Markets Eye Rate Path
- By Black Hot Fire Network Team
- . May 25, 2026
Gotrade News – Kevin Warsh was sworn in as Federal Reserve Chairman on May 22, replacing Jerome Powell. Markets are now repricing the rate path
Robert J. Makheja, the quiet architect of a business enterprise
- By Black Hot Fire Network Team
- . May 24, 2026
In a city where titles are often treated as currency, and where Indian American executives have steadily expanded their footprint across corporate America, Robert J.
Black-owned Porsche dealership opens in Northlake
- By Black Hot Fire Network Team
- . May 24, 2026
Mills Automotive Group has opened a Porsche dealership in a new 46,000-square-foot facility in Charlotte’s Northlake area. Why it matters: According to a company press
201+ Black-Owned Brands to Shop in 2026 and Beyond
- By Black Hot Fire Network Team
- . May 23, 2026
There are roughly 4.6 million Black-owned businesses in the U.S. today, according to data from The Brookings Institution, many of which are led by talented
10 Black Fortune 500 CEOs leading companies worth $412 billion
- By Black Hot Fire Network Team
- . May 23, 2026
Thasunda Brown Duckett says she learned everything she needed to know about being a CEO at a young age. The 52-year-old TIAA CEO told Wharton