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.

Dr. Cheyenne Bryant Responds to Doctorate Fraud Claims

Dr. Cheyenne Bryant responded to accusations labeling her a "fraud" and "scammer" by stating she earned a doctorate in Counseling Psychology from Argosy University while it was accredited, though she faced difficulties recovering official records after the school closed.

Gen Z Surpasses Baby Boomers in New Business Start-Ups

Gen Z entrepreneurs are surpassing Baby Boomers in new business start-ups, leveraging AI to bypass traditional funding barriers. Discover the economic shift rewriting the rulebook.

Coach Stormy Wellington Reveals 20-Year FTC Probation

Stormy Wellington broke the internet after revealing details about her 20-year FTC probation during a sit-down with Carlos King, shifting her brand.

Byron Allen Buys BuzzFeed for $120M

Byron Allen makes a power move by acquiring a controlling stake in BuzzFeed for $120 million. See how the Allen Media Group mogul is reshaping digital media.

East Oakland Teen Gets Into 31 Colleges, Chooses LSU

Dominic Antoine Jr. had one of the most remarkable college application seasons in recent memory. The Fremont High School senior from East Oakland earned acceptance from every school he applied to, all 31 of them, while carrying a 4.3 GPA.

Stephen Curry’s Sneaker Auction: A Win for Oakland’s Youth

Stephen Curry's sneaker auction generated $1.7M for Oakland youth! Discover how his cultural capital is fueling community reinvestment & making a difference.

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