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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
Lending inequality: Study highlights minority business woes
- By Black Hot Fire Network Team
- . July 25, 2026
A new LendingTree analysis reveals that America’s promise of opportunity remains unevenly distributed. In 2024, 39% of Black-owned businesses were denied a loan, line of
The Black-Owned Edit: Vitamins Made for Us, By Us | News
- By Black Hot Fire Network Team
- . July 25, 2026
Movita Organic Vitamin C is made with six traceable, whole-food ingredients formulated with women’s bodies in mind. Getting enough vitamin C supports a strong immune
Druski, GloRilla & Jayda Cheaves support Black business in Google’s ‘Black-Owned Friday’
- By Black Hot Fire Network Team
- . July 24, 2026
Google is reimagining Black Friday for the fifth year with its annual ‘Black-Owned Friday’ campaign, a star-studded initiative designed to inspire shoppers to celebrate and
Interest rates are destined to rise on the back of artificial intelligence
- By Black Hot Fire Network Team
- . July 24, 2026
The big recent development in markets has been traders flirting with the possibility of a much earlier than expected interest rate increase from the US
Steve Jobs commemorative coin is reissued, but hurry
- By Black Hot Fire Network Team
- . July 23, 2026
After selling out the entire stock in 11 minutes in March, the US Mint’s commemorative Steve Jobs coin was briefly back on sale on Thursday.
36 Black-Owned Banks and Credit Unions, Sorted by State
- By Black Hot Fire Network Team
- . July 23, 2026
The FDIC and NCUA recognize minority depository institutions, or MDIs, which are institutions that are led by minority group. One type of MDI is a
Camille Rose Hair Care: From Kitchen to Retail Giants | CO
- By Black Hot Fire Network Team
- . July 22, 2026
Janelle Stephens launched Camille Rose in 2011. The business’s turning point came following a beauty trade show when Stephens received an order from Target for
Samsung, SK and Naver leaders to meet Nvidia CEO Jensen Huang in U.S. AI summit
- By Black Hot Fire Network Team
- . July 22, 2026
The AI meeting could also include OpenAI’s Sam Altman and Anthropic’s Dario Amodei, spotlighting Korea’s role in the global AI and semiconductor market. Samsung Electronics
Treasury Secretary: the US Could Sanction Chinese AI Companies
- By Black Hot Fire Network Team
- . July 21, 2026
The Trump administration is signaling that it may clamp down on Chinese open-source AI models that are the talk of the industry. On Tuesday, Treasury
US Black Chambers, Inc., Led By Ron Busby, Sr., Acquires Former BET Campus To Support Budding Entrepreneurs – AfroTech
- By Black Hot Fire Network Team
- . July 21, 2026
Ron Busby, Sr. was born to lead. Dialing it back to his time as an elementary student, the Oakland, CA native would take three-mile hikes