Black Banks Are Locked Out Of Government Opportunities, One Program Is Making Small Changes

Photo: Keith Brofsky, Getty Images The US Treasury Department uses big banks to process a variety of financial transactions. The big banks, or “financial agent banks,” earn fees to process tax returns and passport applications, collect debts and disburse benefit payments. The Treasury expects to pay the big banks about $850 million in fiscal 2020 […]

Black Millennial Entrepreneur Seeking To Break Bank, Earn $1 Million In 50 Days!

This black business owner illustrates the power of having a platform and turning it into a profit! B.Simone has announced that she has until her 30th birthday, April 5, 2020, to reach her goal of 1 million dollars through company sales. As of now, she has 29 days left!  Beauty guru, stand up comedian, social media […]

There’s A 100% Black Owned Hedge Fund, Run By Students

A hedge fund is defined as, “a limited partnership of investors that uses high risk methods, such as investing with borrowed money, in hopes of realizing large capital gains.” That sounds like code for a room full of rich white guys but a nonprofit launched by a Black student is changing the game. BLK Capital […]

Black Owned Bank Expands To Two More States

Industrial Bank exists because banks in Washington, DC simply wouldn’t serve Black people. It was originally founded in 1913 but closed in 1932. In 1934 it was reopened by Howard alumnus, Jesse Mitchell. For over 80 years the company has made it their priority to serve the community and provide capital to Black homeowners and […]

Agents Of Change: Black Women Making History In The Sports Industry Today

The only constant in life is that everything changes. In 2019 it seems like society is changing at a rapid pace. In the historically white male dominated, multi-billion dollar sports representation industry, Black women are creating real change. Sports agents Lisa Joseph-Metelus and Nicole Lynn are both blazing a trail in the sports industry. Extreme […]

Who Is Robert F. Smith?

By now you know that a Black billionaire spoke at Morehouse’s 2019 graduation ceremony and pledged to pay off the student loan debt of the entire class. His name? Robert Frederick Smith. He is the richest Black person in America — richer than Oprah and Jordan, combined. He largely made his fortune investing in the […]