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Business and Economy
Coverage of Black-owned businesses, economic inequality, entrepreneurship, finance, employment, and wealth trends in the US.
Leavitt criticizes Tillis over blocked Fed nominee amid Powell inquiry
- By Black Hot Fire Network Team
- . February 1, 2026
White House press secretary Karoline Leavitt has accused Senator Thom Tillis of North Carolina of obstructing the confirmation of President Donald Trump’s nominee to chair
Ford CEO cites 5000 unfilled mechanic positions amid labor gap
- By Black Hot Fire Network Team
- . February 1, 2026
Ford CEO Jim Farley recently highlighted a significant labor shortage impacting the automotive industry and the broader U.S. economy. Speaking on the Office Hours: Business
Systemic Barriers Hinder Minority Business Growth in US
- By Black Hot Fire Network Team
- . January 30, 2026
A recent executive order has initiated the dismantling of the Minority Business Development Agency (MBDA), a move that has drawn concern regarding its potential impact
Trump Administration Disadvantaged Minority-Owned Businesses
- By Black Hot Fire Network Team
- . January 28, 2026
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
- By Black Hot Fire Network Team
- . January 28, 2026
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
McDonald’s settles lawsuit over advertising spending
- By Black Hot Fire Network Team
- . January 27, 2026
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
- By Black Hot Fire Network Team
- . January 26, 2026
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
- By Black Hot Fire Network Team
- . January 25, 2026
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
- By Black Hot Fire Network Team
- . January 24, 2026
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
- By Black Hot Fire Network Team
- . January 24, 2026
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