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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
Trump calls for replacing US 250th concerts with MAGA rally
- By Black Hot Fire Network Team
- . May 31, 2026
US President Donald Trump called Saturday for the cancellation of upcoming concerts celebrating America’s 250th anniversary after several musical acts backed out, saying they should
36 Small-Business Grants for Minorities
- By Black Hot Fire Network Team
- . May 30, 2026
Minority-owned businesses are less likely to be fully approved for financing compared to their white-owned counterparts — according to data from the Federal Reserve published
US Crackdown on Undocumented Immigrants Leads to Loss of 670,000 Jobs
- By Black Hot Fire Network Team
- . May 30, 2026
“Each ICE Arrest Linked to Loss of 13 Jobs” Widespread Contraction in Local Economies and Consumer Spending A recent study found that the large-scale crackdown
Rep. Young Kim Introduces BOOST for American Business Act toStrengthen U.S. Economic Competitiveness Abroad
- By Black Hot Fire Network Team
- . May 29, 2026
WASHINGTON, D.C. — Today, Congresswoman Young Kim (CA-40) introduced the Building Overseas Opportunities & Strategic Trade (BOOST) for American Business Act to support American businesses
The U.S. Post Office Just Said ‘Goooooal’ — USPS Releases Soccer Forever Stamp as 2026 World Cup Approaches
- By Black Hot Fire Network Team
- . May 29, 2026
USPS Smart Lockers for package pickup stand in the lobby of the United States Postal Service (USPS) Gardena Post Office in Gardena, California, on December
Trump’s Approval Rating Hits Another Record-Low
- By Black Hot Fire Network Team
- . May 28, 2026
May 28Trump logged a 39% approval rating in Emerson’s May poll, down from 40% in April, while his disapproval rating declined one point, to 55%
Gold hits 2-month low as US-Iran tensions boost inflation fears — TradingView News
- By Black Hot Fire Network Team
- . May 28, 2026
Gold prices dropped to a two-month low on Thursday as renewed US military action against Iran strengthened the dollar and pushed oil prices higher, raising
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