Tag: Economics

Gen Z Rejects High Concert Prices – The Root

Concert ticket prices have increased more than 41 percent since January 2016. Then you have to add service fees, transportation, parking, insurance and overpriced concessions. Quickly, what was supposed to be one night of enjoyment becomes a financial burden that many young folks can't afford. We are not talking about luxury vacations. We are talking about standing in a crowd, singing songs we already know by heart.

LinkedIn’s Impact on Black Job Seekers

If you're having a rough experience on LinkedIn, you're not alone. You polish and rewrite your resume relentlessly, apply to what seems like an endless number of openings, and send connection requests into what feels like a black hole, only to hear nothing in response or see little to no results. For Black job seekers, especially, the frustration is just about bubbling over, and opportunities feel farther away than ever before.

AI Investment Boom: Will Big Tech Close Racial Wealth Gap?

Companies with seemingly unlimited cash flow like Meta, Microsoft and Google are racing to supply skyrocketing demand for AI data centers. Their unprecedented new method? Hiring electricians, carpenters and blue-collar trade workers by the thousands to build their massive AI supercomputer sites with hundreds of millions in training funds. Beyond the eye-watering paychecks, the real story lies in what this could mean for closing the Black racial wealth gap.

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Hip Hop Real Estate Scammer Cesar Pena Guilty

Cesar Humberto Pina, known as "Flipping NJ," has pleaded guilty to wire fraud, conspiracy to commit money laundering, bribery, and Travel Act violations, facing up to 55 years in federal prison when sentenced on March 10, 2027.

Kevin Gates Gives Estranged Wife Over $1 Million

Kevin Gates says he doesn't care that he had to fork over a small fortune to his estranged wife, saying he always gives everything to those he loves. The rapper joined The TMZ Podcast and discussed a judge ordering him to split proceeds from his music catalogue sale with Dreka Gates to the tune of one million dollars. Kevin says a portion is nothing to him because he's used to giving his loved ones the world.

Black American Colonies in Texas After Slavery

After emancipation, formerly enslaved Black Americans built communities of their own, acquired land, raised families and created places where they could live with greater independence from racism. Known as freedom colonies, these historically significant settlements were established during Reconstruction and to escape Jim Crow. Residents created support systems that allowed families to live more independently, establishing churches, schools and homes. Today, descendants are working to preserve these communities by maintaining family land, organizing reunions and passing histories to younger generations, ensuring these important places and stories are not forgotten.

Rick Ross Cleared of Battery Charge, 2 Misdemeanors

Rick Ross caught a major break in his Miami domestic violence case after prosecutors dropped the felony battery charge against him due to insufficient evidence. According to court documents, prosecutors filed two misdemeanor charges instead: one for battery and another for battery/domestic violence. Ross had previously pleaded not guilty to felony battery by strangulation and misdemeanor battery charges stemming from an incident where an ex-girlfriend alleged he slapped, struck, and choked her.

Trump-Backed African Blogger Samuel Faces Deportation

Popular conservative blogger Samuel Sey, who ran the blog @slowtowrite and spent years defending aggressive immigration enforcement, was taken into custody in Ohio and booked into Butler County jail under a "Hold for ICE" warrant, facing potential deportation to Ghana.