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Trump Administration Disadvantaged Minority-Owned Businesses
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 women-owned businesses. These actions target

Australian Dollar Weakens Amid Rising US Dollar Before Fed Decision
Business and Economy

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 occurred after the release of

Business and Economy

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 lawsuit alleged that the fast-food

Winter Storms May Impact US Gas Supply and Costs
Business and Economy

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 daily output by approximately 10%.

Michigan cemetery marks century of service to community
Business and Economy

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 was established in 1925 to

Black-Owned Businesses Highlighted During National Month
Business and Economy

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 in the United States. The

Trump policies may impact global economic growth
Business and Economy

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 developments suggest a possible shift

Business and Economy

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. Black-owned businesses contribute significantly to

US mortgage rates slightly increase
Business and Economy

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. Data released Thursday by Freddie

Diverse business ownership boosts US advanced manufacturing
Business and Economy

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 Act, and the Inflation Reduction