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

The average 30-year fixed mortgage rate hit 6.51% for the week ending May 21, 2026, according to Freddie Mac. That’s…

1 hour ago

‘There’s no way I’m going to the US now’: Irish students choose Europe over J1 for summer jobs – The Irish Times

Every year, more than 5,000 Irish students acquire a J1 Summer Work and Travel visa, which allows them to enjoy…

13 hours ago

Hyundai Launches New Mobile Maintenance Service at U.S. Dealers

Hyundai dealerships, backed by Fountain Valley-based Hyundai Motor America, are expanding a new mobile service program that dispatches vehicles to…

1 day ago

Oil Prices Surge Amid U.S.-Iran Tension

Oil prices climbed on Tuesday as investor sentiment was shaken by U.S. military actions in Iran, despite hopes of an…

2 days ago

Free Grants and Programs for Small Business | CO

Whether you're starting a new small business or looking to grow the one you already own, finding funding can be…

2 days ago

Warsh Takes Fed Helm, Markets Eye Rate Path

Gotrade News - Kevin Warsh was sworn in as Federal Reserve Chairman on May 22, replacing Jerome Powell. Markets are…

3 days ago

Robert J. Makheja, the quiet architect of a business enterprise

In a city where titles are often treated as currency, and where Indian American executives have steadily expanded their footprint…

3 days ago

Black-owned Porsche dealership opens in Northlake

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…

4 days ago

201+ Black-Owned Brands to Shop in 2026 and Beyond

There are roughly 4.6 million Black-owned businesses in the U.S. today, according to data from The Brookings Institution, many of…

4 days ago

10 Black Fortune 500 CEOs leading companies worth $412 billion

Thasunda Brown Duckett says she learned everything she needed to know about being a CEO at a young age.  The…

5 days ago