CAREER & FINANCE

Every tap-to-pay transaction, $3 ATM fee, and cash-stuffed birthday card is an opportunity to prepare your child for the financial realities of adulthood. With October marking Financial Planning Month, financial education for teens and young adults is top of mind. The Root spoke with Crawford Mickey McGill, CEO of Houston-based Reveal Wealth Strategies, about how parents can share money lessons with kids of all ages. His top takeaway? Parents don't need to have all the answers to start teaching—they just need to be willing to talk about it.

In a move that underscores the growing intersection of music, fashion, and finance within Black entrepreneurship, Jay-Z's investment firm is nearing a deal to acquire a 50 percent stake in Rihanna's Fenty Beauty empire. The potential partnership reflects a broader strategy of consolidating wealth and influence across luxury sectors.

The widow of Malcolm-Jamal Warner is suing his mother to recover at least $1.2 million from a family trust, claiming he failed to honor their prenuptial agreement

Black women in Mississippi have long understood what it takes to create systems that work for everyone. A recent survey shows ninety percent of respondents say economic conditions are worsening, with more than half reporting their income cannot keep pace with rising costs. They are not asking for extravagance but for breathing room and policies that help them live with dignity while caring for their families. The data reveals that having enough money to live comfortably matters more for joy than success, representing peace of mind rather than status. When Black women thrive, they lift others as they climb.

A prominent Black family in North Carolina withdraws $1M endowment from UNC Wilmington after refusing to alter scholarship mission to comply with new equality policy.