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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
Gold extends gains on lower oil and softer greenback, markets await US jobs data
- By Black Hot Fire Network Team
- . August 5, 2026
A subdued US dollar makes greenback-priced metals more attractive to holders of other currencies Published Wed, Aug 5, 2026 · 09:46 AM — Updated Wed,
US small businesses: Key facts and public views about small firms
- By Black Hot Fire Network Team
- . August 4, 2026
A small-business owner organizes display tables at her yarn shop in Boston. (Erin Clark/The Boston Globe via Getty Images) Most U.S. adults (86%) say small
Why don’t more Americans work for Black-owned firms? Implications for increasing well-being
- By Black Hot Fire Network Team
- . August 4, 2026
Summary Black Americans hold much less wealth than white Americans and other groups, as noted in benchmark data from the federal government.1 Business ownership plays
7 Black-Owned Business Grants To Help You Thrive in 2024
- By Black Hot Fire Network Team
- . August 3, 2026
1. Power Forward Small Business Grant For: Black-owned businesses in New England Grantor: Boston Celtics United, VistaPrint and NCAAP Amount: $25,000 The Power Forward Small
How business leaders and civic partners in small and midsized U.S. cities can advance racial equity and inclusive economic growth
- By Black Hot Fire Network Team
- . August 2, 2026
The Regional Inclusive Growth Network (RIGN) is a collaborative learning and action network designed to catalyze regional, cross-sector action to advance business norms and practices
U.S. Cities With The Most Black-Owned Businesses
- By Black Hot Fire Network Team
- . August 2, 2026
The African American community is no stranger to entrepreneurship. According to the U.S. Small Business Administration, Black Americans own 3.5 million businesses, employing over 1.2 million
Shein discloses FTC probe into its US business, warns settlement could hit finances
- By Black Hot Fire Network Team
- . August 1, 2026
Shein told investors that the Federal Trade Commission was investigating its U.S. business, adding a new complication as the ultra-fast-fashion company works toward an initial
Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far :: WRAL.com
- By Black Hot Fire Network Team
- . August 1, 2026
WASHINGTON (AP) — President Donald Trump has been losing his own battle to cut interest rates. The president likes to vilify high rates as an
DC Black-owned business serving fresh food and drinks with agave
- By Black Hot Fire Network Team
- . July 31, 2026
August is National Black Business Month, and this restaurant on Georgia Avenue NW is looking to bring farm-fresh food and drinks to the community. WASHINGTON
US plans $100k fee for foreign graduates seeking jobs, 360,000 Indian students likely to be hit: Report
- By Black Hot Fire Network Team
- . July 31, 2026
The Donald Trump administration is considering placing a $100,000 fee on international students who want to work in the US after graduating from a university