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.

Masika & Brittany Renner Feud

Masika and Brittany's online feud is back, with Masika targeting Brittany's past behavior and image, including a jab at her hijab. Fans are divided, with some supporting Masika's outspokenness and others questioning if it's clout-chasing.

Pay US Debt via Venmo?

The U.S. Treasury now accepts Venmo donations to pay down national debt. This move, allowing contributions via Pay.gov alongside credit cards and bank transfers, has sparked online humor and confusion.

Reese: $73K Salary vs $8K Rent

Angel Reese's $73K WNBA salary barely covers her $8K monthly rent, sparking protest. Players demand better pay, citing disparity with social media influencers. Fans question why top athletes need side hustles to survive.

July 22: Legends & Stars Unite!

Danny Glover turns 79! John Leguizamo celebrates 65. Keith Sweat, king of R&B, is 64. Jaime Camil shines at 52. Diana Maria Riva is 56. Irene Bedard, Pocahontas' voice, turns 58. Lonette McKee, a Tony nominee, is 72. Camila Banus (35), Rufus Wainwright (52), Selena Gomez (33). Black & Brown brilliance!

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