Business & Economy
At the beginning of next year, California will begin enforcing an animal welfare proposition approved overwhelmingly by voters in 2018 that requires more space for breeding pigs, egg-laying chickens and veal calves — only 4% of hog operations now comply with the new rules.
Evictions, which have mostly been on pause during the pandemic, were expected to ramp up Monday after the Biden administration allowed the federal moratorium to expire over the weekend and Congress was unable to do anything to extend it.
Black Lives Matter is catching heat for calling on the US government to lift the trade embargo against Cuba.
The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
With his new cannabis brand, Monogram, the Roc Nation head honcho has officially secured a new deal that will see 900,000 pounds of his product being produced.
Jay-Z, seeing the vast potential after launching Monogram, has launched a fund that will put financial muscle behind minority-owned cannabis businesses as he too has dipped his toes into that pool.
WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services. The landmark antitrust lawsuits, announced by the Federal Trade […]
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Thursday’s report from the Labor Department said that initial claims for jobless aid dropped […]
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it’s still historically high and indicates the viral pandemic is forcing many employers to cut jobs. Applications for unemployment aid fell 40,000 from the previous week, the Labor Department said Thursday. They fell in 30 states, […]
Robert Smith, the Black billionaire who promised to pay the student loan debt of Morehouse College graduates in 2019, is in deep trouble with the Internal Revenue Service. According to the Department of Justice, Smith used third party accounts to conceal his income and commit tax evasion from 2000 to 2015. The DOJ stated that Smith, who is […]
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago. Thursday’s report from the Labor Department shows that the job market remains fragile, and it coincides […]
NEW YORK (AP) — Americans who own stocks are pulling further away from those who don’t, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to be in that not-as-fortunate group that isn’t in the stock market. Only 33.5% of Black households […]
