CAREER & FINANCE

Teaching Black Kids About Money at Every Age

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.

Jay-Z Investment Firm 50 Percent Stake Rihanna Fenty Beauty Deal 2026

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.

Malcolm-Jamal Warner Prenup Lawsuit: Widow Demands $1.2M

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: Economic Dignity Priority

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.

Black Family Withdraws $1 Million Endowment From UNC Wilmington

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.

Tupac’s Ballet Past: From Mouse King to Rap Legend

Tupac, a legendary rapper, honed his skills at the Baltimore School for the Arts. He studied acting, poetry, jazz, and ballet, even playing the Mouse King in The Nutcracker. His artistic roots shaped his music.

Lonnie Johnson Wins $72.9M Hasbro Settlement

Lonnie Johnson secured a $72.9 million settlement from Hasbro for underpaying royalties on his iconic Super Soaker. The former NASA engineer proved the company breached their 1996 agreement.

Joy Taylor Exits Fox Sports

Joy Taylor leaves Fox Sports mid-2025. Amidst show cancellations and denied workplace allegations, her contract wasn't renewed. Taylor plans a behind-the-scenes career, supporting creators via her own platform.

Tiffany Haddish & Jason Lee Baby Rumors

Tiffany Haddish sparked baby rumors after a photo with Jason Lee holding a baby. The actress has previously shared her plans to adopt, but neither has confirmed the baby is hers.

Donnie Slams Charlamagne!

Donnie's dropping some truth bombs on Charlamagne! 😱 Get ready for the tea to be spilled! ☕️ #TSRStaffST

Jurnee Smollett: Gained weight for “Smoke”

Jurnee Smollett gained 20 lbs for "Smoke" to portray Michelle's muscular presence. She prioritizes her son Hunter's exposure to diverse fields, not pushing him into acting despite his interest, aiming for him to explore and find his passion.

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