I’m a Self-Made Millionaire: These Are the 6 Investments Everyone Should Make During an Economic Downturn

I’m a Self-Made Millionaire: These Are the 6 Investments Everyone Should Make During an Economic Downturn

With inflation high and the market flailing, it can be challenging to figure out the best things to do with your money. “During economic downturns, it can be tempting to sell off your investment and keep cash reserves — but this is rarely a good idea,” said Thomas Kralow, a self-made millionaire and founder of University Grade Trading […]

Black Women, You Can Put Your Clothes Back On.

Black Women, You Can Put Your Clothes Back On.

(ThyBlackMan.com) I know that I am entering a space that few men have gone before, but I’m going to do it anyway: I will opine on the nature of women’s fashion (or lack thereof). It is Women’s History Month, which is a time for all of us, particularly Black men, to think about those wonderful […]

After Recession, a Black Business Boom

Black entrepreneurs who expanded during COVID now face the challenge of labor shortages, supply chain delays and inflation.

After Recession, a Black Business Boom

By Tracy Jan, Washington Post The rib joint and whiskey bar that Terri Evans opened in the South Loop of Chicago with her 401(k) savings drew mostly tourists and convention-goers — until the coronavirus pandemic and stay-at-home orders swept the country beginning March 2020. Evans worried about keeping her 12 full-time employees on the payroll. […]

Why the Rate of Black Business Ownership is Going Up

The number of Black small-business owners was 28% higher in the third quarter of 2021 than it was pre-pandemic.

Why the Rate of Black Business Ownership is Going Up

By Sharon Lurye, US News The city of Pittsburgh has historically struggled to lift up Black businesses, having the lowest rate of Black business ownership of any large city in the U.S. But around 2020, things started to change. In a normal year, the local Urban Redevelopment Authority gives out around 30-50 loans. In 2020, […]