CAREER & FINANCE
MONEY
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.
MONEY
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.
MONEY
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
CAREER & FINANCE
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.
CAREER & FINANCE
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.
MONEY
Could Rent Controlled Apartments Offset Rising Costs For Renters In 2025?
Although the Biden administration proposed a largely symbolic 5% cap on annual rental increases for the next two years for existing units owned by...
FOOD
Spirit Of the Week: Frank August Case Study: 03 | Winter Cover Rye Whiskey
The highly-acclaimed American blender bottles its first rye whiskey at a brawny 53 percent ABV. “The intent of Case Study was and is to be...
MONEY
HR Execs Reflect On New Ways To Conduct Performance Reviews
How did your performance review go this year? A number of workplace human resource departments are re-evaluating how employee performance reviews are done as sometimes...
MONEY
New IRS Update Requires Form 1099-K For Payments of $5K+
Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report...
MONEY
Secret To Sticking With Your Intentions All Year Long
New Year’s resolutions often seem like a setup for failure I start the new year off with a ‘New Attitude’ like the Patti LaBelle song,...
MONEY
Oprah Winfrey’s $30 Million Trust Fund for Her Dogs Sparks Debate
Oprah Winfrey, a name synonymous with philanthropy and success, is making headlines once again — this time for her beloved pets. Reports reveal that...