13 Black-owned brands to shop and save on this Cyber Monday

Not up for braving the crowds this post-Thanksgiving weekend? Prepare your thumbs, charge your laptops and get cozy because Cyber Monday is almost here!  Cyber Monday is prime time to empty out those online shopping carts that have been full for weeks. Shop for everything from clothing to beauty and beyond in the comfort of your own home. Whether or not you’re buying gifts, the … Continue reading 13 Black-owned brands to shop and save on this Cyber Monday

Consumers spent record $9.12 billion online on Black Friday: analysis

Consumers spent a record amount of money on online purchases on Black Friday, surpassing $9 billion, according to Adobe Analytics data. Adobe found that $9.12 billion was spent on Friday, marking a 2.3 percent rise year over year. Electronics sales were a large driver of the increase, with such online sales up 221 percent from the average day in October. Items such as audio equipment, … Continue reading Consumers spent record $9.12 billion online on Black Friday: analysis

Workers at Amazon’s largest air hub in the world push to form a union

Amazon workers at the air hub outside the Cincinnati Northern Kentucky international airport, Amazon’s largest air hub in the world, are pushing to organize a union in the latest effort to mobilize workers at the tech company. Workers say they are dissatisfied with annual wage increases this year. About 400 of them have signed a petition to reinstate a premium hourly pay for Amazon’s peak season that hasn’t been … Continue reading Workers at Amazon’s largest air hub in the world push to form a union

FTX founder Sam Bankman-Fried in the Bahamas as customers’ billions go missing in company collapse

The Democratic darling whose FTX crypto currency exchange collapsed this week amid reports of up to $2 billion in missing customer funds, was spotted Saturday in the Bahamas. FTX underwent a $16 billion implosion amid reports that co-founder Sam Bankman-Fried had been funneling money to a sister trading company run by his girlfriend. Bankman-Fried, 30, who has donated a reported $50 million to Democrats since 2020, told Reuters he was … Continue reading FTX founder Sam Bankman-Fried in the Bahamas as customers’ billions go missing in company collapse

Ice Cube’s BIG3 Officially Certified As First Black-Owned Sports League

This week (October 14), it was announced that the BIG3 basketball league has been certified as a Black-owned and operated business by ByBlack and US Black Chambers, Inc. The announcement makes the BIG3, an innovative 3-on-3 competition, the first and only sports league to receive such official acknowledgment. The league was launched back in 2017 by rapper, actor and entrepreneur Ice Cube and entertainment executive Jeff Kwatinetz. … Continue reading Ice Cube’s BIG3 Officially Certified As First Black-Owned Sports League

Mortgage rates hit highest level in 16 years!!

Prospective homebuyers face a new chill after the average interest rate on the most popular home loan rose to its highest level since 2006, data from the Mortgage Bankers Association showed on Wednesday. The average contract rate on a 30-year fixed-rate mortgage rose by 6 basis points to 6.81% for the week that ended Oct. 7, marking a 16-year high for the cost of a … Continue reading Mortgage rates hit highest level in 16 years!!