Business & Economy
FICO announced plans to roll out updated credit score models later this year that will incorporate Buy Now Pay Later (BNPL) loan data, giving lenders insight into a fast-growing but largely untracked area of consumer borrowing. The new scores, part of FICO Score 10 and FICO Score 10 T, will take into account consumers’ repayment […]
Tesla’s global deliveries fell 13% in Q1 2025, with 336,681 vehicles sold, down from 387,000 in the same period last year. Analysts had projected 408,000 deliveries, and Tesla’s stock has dropped nearly 50% since December. Several factors contributed to the decline, including: An aging vehicle lineup, with buyers delaying purchases ahead of an expected Model […]
President Donald Trump is pressuring the Federal Reserve to lower interest rates, citing decreases in egg, grocery, and gas prices. “Egg prices are WAY DOWN from the Biden inspired prices if just a few weeks ago. ‘Groceries’ and Gasoline are down, also. Now, if the Fed would do the right thing and lower interest rates, […]
In news that should surprise no one, Meta, the parent company of Facebook, Instagram, and WhatsApp, becomes the latest company to end its DEI programs. As reported by CNBC (citing the initial report from Axios), Janelle Gale, Meta’s vice president of people, announced in an internal memo that Meta plans to end several internal programs […]
Several major U.S. companies are buckling under pressure from conservative groups to scale back or eliminate diversity, equity, and inclusion (DEI) programs.
Amazon initially denied paid leave to Alexis Scott-Windham, a Black woman who was run over and shot in the New Orleans attack, before finally reversing its position.
The government just released good news for Social Security beneficiaries. As announced by the Social Security Administration today, all SS (Social Security [retirement]) and SSI (Supplemental Security Income) payments will increase by 2.5% in 2025. Millions of Americans receive either SS, SSI, or both. The new COLA (cost-of-living adjustment) funds—averaging to be roughly $50 per […]
Developing these "recession-proof" skills not only bolsters individual resilience but also fortifies collective economic stability.
As we commemorate Labor Day in 2024, let's take some time to reflect on Black workers' rights and the important labor unions that have paved the way.
In honor of Black Business Month and late Famous Amos founder Wally Amos, we reflect on entrepreneurs of our culture you may not know.
Biden’s administration issued $2 billion in federal funds to black and minority farmers who experienced mistreatment by the United States Department of Agriculture, as announced on Wednesday. The direct payments will be sent to “eligible applicants [under the Inflation Reduction Act’s Discrimination Financial Assistance Program (DFAP)], [aiming] to provide financial assistance to farmers, ranchers, and forest […]
Footage reveals Harden as his entourage at the Flamingo in Las Vegas, Nevada when Harden chastised a man before slapping him