Business and Economy

Trump Administration Disadvantaged Minority-Owned Businesses

The Trump administration has taken steps to dismantle programs designed to address systemic racism and economic exclusion, impacting minority- and…

3 months ago

Australian Dollar Weakens Amid Rising US Dollar Before Fed Decision

The Australian Dollar (AUD) decreased against the US Dollar (USD) on Wednesday, following gains in the previous session. This movement…

3 months ago

McDonald’s settles lawsuit over advertising spending

On June 13, 2025, McDonald's reached a settlement in a $10 billion lawsuit filed by media entrepreneur Byron Allen. The…

3 months ago

Winter Storms May Impact US Gas Supply and Costs

Extreme cold is expected to significantly restrict natural gas production across the U.S. in the coming days, potentially reducing average…

3 months ago

Michigan cemetery marks century of service to community

Detroit Memorial Park, Michigan's first Black-owned cemetery and oldest African American corporation, marked its centennial anniversary this weekend. The cemetery…

3 months ago

Black-Owned Businesses Highlighted During National Month

August is designated as National Black Business Month, a time to recognize the unique challenges and contributions of Black-owned businesses…

3 months ago

Trump policies may impact global economic growth

Venezuela's oil industry has faced significant turmoil over recent decades, impacting global energy markets and potentially affecting U.S. consumers. Recent…

3 months ago

Knoxville Black-owned businesses gain support from Urban League

Marcus Webb and his brother, Bryan Webb, recognized a need in Knoxville and founded Goldenseal Cleaning Company to address it.…

3 months ago

US mortgage rates slightly increase

The average rate for a 30-year fixed-rate mortgage increased slightly this week, though it remains close to a three-year low.…

3 months ago

Diverse business ownership boosts US advanced manufacturing

Manufacturing Supply Chains Lack Diversity Recent federal laws, including the Infrastructure Investment and Jobs Act (IIJA), the CHIPS and Science…

3 months ago