Business & Finance

The Federal Reserve Board revealed that over half of U.S. citizens don't have enough money saved for a  $400 emergency expense. A Pew study discovered that over 50% of U.S. households don't have enough...

A Las Vegas car crash scheme is being cited as the largest multidefendant indictment in Nevada history. Last week, twenty-four individuals were indicted on racketeering, fraud, and battery charges for...

Tech companies have faced criticism over diversity and hiring practices. Now, a lawsuit is raising the veil on unfair gender-based pay practices as well. On Thursday, a lawsuit was filed in San Francisco...

On Tuesday night (Sept. 12), a celebrity-filled one-hour telethon helped raise over $15 million for victims of Hurricane Harvey and Irma. The broadcast event, "Hand in Hand: A Benefit for Hurricane Relief,"...

A federal judge made a ruling this week that will impact the lives of millions of workers. On Thursday, U.S. District Judge Amos Mazzant shot down an overtime pay regulation that was initially brought forth...

American Express has to pay back $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, according to...

Wells Fargo CEO Tim Sloan issued a letter to employees, which stated that details from an expanded analysis could result in additional unauthorized customer accounts being identified. Sloan says the company...

Soundcloud, the digital music service, was thrown a life jacket by a bank and a Singapore investor.According to Billboard, The Raine Group, a boutique merchant bank, joined with the Singapore-based investment...

Oprah Winfrey has teamed up with food giant, Kraft Heinz, to launch "O, That's Good". The frozen, ready-to-eat meals will offer a wide range of delicious foods like Garlic Mash Potatoes, Creamy Parmesan...

U.S. Sen. Cory Booker has proposed a bill that would both legalize marijuana at the federal level and encourage states to legalize it locally through incentives. Booker's bill, called the Marijuana Justice...

Fired Fox News executive, Francisco Cortes, has filed a $48 million lawsuit against the network. Cortes, who was fired because of a sexual harassment case, says he's innocent and want the network to pay...

Attorney General Jeff Sessions said the Justice Department plans to implement a law that approves the seizure of property,"especially ill-gotten gains from drug dealers." While at the National District...

Thousands of student loan borrowers may freed of having to pay back billions in loans. This potentially lucky strike is due to a lenders failure to provide paperwork that confirms ownership of the loans,...

50 Cent's investment in EFFEN Vodka turned out to be a lucrative one. Earlier this week, it was announced that the "Power" executive producer had sold his minority stake in the liquor brand for $60...

Drake and his father, Dennis, has teamed up for the marketing campaign of Virginia Black Whiskey. The whiskey brand is the latest business venture for the Toronto-rapper and creator, Brent Hocking. In the...

The IRS says DMX has been hiding millions in order to avoid paying his tax debt. Rapper DMX is no stranger to controversy. Known to have had several run-ins with the law, DMX is now being sought out by the...

LeBron James invested in a pizza company that's offering more than just pies. James' stake in Blaze Pizza is proving to be a profitable investment for the NBA star. After investing into the business in...

When money is involved, people get crafty and figure out ways to finesse the system. No matter what business it is, you will always find this to be true. Unfortunately for the streaming circuit, it's Spotify...

Rihanna is taking a page out of Janet and Eve's book of dating, which let's us know that "she's smart." *dj khaled voice*The stratosphere went ablaze when steamy photos - of Rihanna kissing an unknown man in a...

Artists are capitalizing off of self-service platforms to create avenues in which their music can be heard and earn money.  Digital music distributor, TuneCore, is one of those platforms who offers such...

Google.org issued a $1 million grant to the Equal Justice Initiative to help fund its From Enslavement to Mass Incarceration Musuem and Memorial to Peace and Justice. The two organizations continues to work...

Songwriters and publishers signed on with ASCAP will now earn more money on YouTube.  The performance rights organization has inked a licensing deal that will allow the video platform to combine their massive...

Amazon Prime's membership program is making things more affordable. The e-commerce company recently announced that Prime memberships will be reduced for low-income members. Amazon Prime, an extension of the...

Once a $70 million man, super producer Scott Storch is meticulously sorting through his financial troubles and putting his life back together. The famed producer of hits like "Still D.R.E" and Beyonce's...

As states legalize marijuana for recreational and retail use, many advocates are fighting to help improve minority communities where drug enforcement makes an major impact.  For decades, the number of Blacks...

Spotify will pay $43.4 million to a group of songwriters who sued the streaming service for copyright infringement. Class action suits were filed in federal court by Cracker and Camper van Beethoven...

A ticketing vendor is suing Fyre Festival organizers for $3.5 million. This is the latest lawsuit to be filed in relation to the failed luxury music festival created by Williams McFarland and rapper Ja...

Jay Z's Shawn Carter Foundation and eBay for Charity are teaming up to assist underprivileged youth with their college education. Full proceeds of the auction-style campaign will help fund Shawn Carter...

Can't stop won't stop. Sean "Diddy" Combs takes the top spot again on the Forbes 2017 Richest Hip Hop Artist list. It's going to be celebration when Diddy hits billionaire status. But for now, the business...

Individuals with children should be concerned about their kid's financial future. Parents living check-to-check oftentimes struggle to put aside funds in a savings account dedicated to their kids. The creation...