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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
American employers hired 172,000 workers in May, nearly double economist expectations, while unemployment held steady at 4.3%
- By Black Hot Fire Network Team
- . June 22, 2026
The U.S. economy added 172,000 jobs in May, marking the third consecutive month of solid payroll growth even as employers grapple with rising costs and
Soaring Household Debt Is a Warning to the US Economy: SocGen
- By Black Hot Fire Network Team
- . June 21, 2026
America’s swelling debt pile bodes ill for the the US economy, Société Générale said. In a recent note to clients, the European Bank flagged a
US Inflation And The Investing Week Ahead
- By Black Hot Fire Network Team
- . June 21, 2026
If PCE comes in hotter than expected this week, that would strengthen the case for keeping rates higher for longer – or even lifting them
Iranian Guards’ business empire to win big if U.S. sanctions lifted — TradingView News
- By Black Hot Fire Network Team
- . June 20, 2026
EnglishEnglish Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc.Copyright © 2026, American
Geopolitical Release Valve Taking Pressure Off Resilient Economy
- By Black Hot Fire Network Team
- . June 20, 2026
The US-Iran interim peace deal is shaky; but if it holds, it will end the US blockade of Iranian ports and reopen the Strait of Hormuz
Nippon Steel bets big to expand US business
- By Black Hot Fire Network Team
- . June 19, 2026
It’s been one year since Nippon Steel’s multibillion dollar acquisition of US Steel. The deal was one of the biggest in the sector and marked
Stocks Sharply Higher as US-Iran Peace Deal Eases Inflation Risks
- By Black Hot Fire Network Team
- . June 19, 2026
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed
“Buy Black” Toolkit Offers Year-Round Guide to Supporting Black-Owned Businesses – NY Carib News
- By Black Hot Fire Network Team
- . June 18, 2026
The year 2025 has delivered a clear message to Black Americans: corporate Diversity, Equity, and Inclusion (DEI) initiatives are not a sustainable solution for supporting
Target Spotlights Black Business Partnership Amid DEI Backlash and CEO Exit
- By Black Hot Fire Network Team
- . June 18, 2026
Target is spotlighting its partnership with Russell Innovation Center for Entrepreneurs (RICE), a program supporting Black small business founders with access, education, and community, amid ongoing
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
- By Black Hot Fire Network Team
- . June 17, 2026
PayPal will waive $30 million in processing fees for $1 billion in small business transactions as part of a new settlement with the Department of Justice (DOJ)