CategoryEconomy

Dow and S&P 500 see strings of weekly gains end at eight

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An earlier version of this article misstated the weekly move for the Nasdaq Composite Index The Nasdaq declined by 02% for the week The error has been corrected US stocks finished the week on a subdued note, as worries over US tax reform and a delay of the promises cut in corporate taxation, weighed on investors' minds The Dow Jones Industrial Average DJIA, -017% slipped 02% to 23,423, marking...

TV Journalist Sharon Epperson Battles Back from Brain Injury

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In fact, when she went in for her most recent exam, the impressed technician noted that it was almost a year to the day since Epperson’s last scan for breast cancer An Ivy League-educated black woman who ascended the national news ranks as a finance expert, Epperson is used to being a rarity African Americans are twice as likely as whites to be stricken, and women are more likely than men, which...

From Wall Street to Entrepreneurship: Brandon Bryant’s Journey to Success

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Brandon Bryant walked off Wall Street and into his passion Brandon Bryant is a former investment banker who spent three years working on Wall Street before stepping into his passion as an entrepreneur During his time in finance, Bryant created “Wall Street Paper” as a digital outlet for the modern gentleman In addition, he is the social engagement lead at a marketing agency called Wilson Earlier...

Jay Ellis Named 2018 Ambassador for American Black Film Festival

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The actor, best known for playing Lawrence on "Insecure," represents ABFF's mission to create opportunities for people of color in film and television Actor Jay Ellis, best known for his role on HBO’s Insecure , has been named the 2018 celebrity ambassador for the American Black Film Festival, which was launched by Jeff Friday over two decades ago “Diversity and equal opportunity for people of...

Every Day, 250 Preschoolers Get Expelled or Suspended. Most Are Black

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Center for American Progress analysis reveals disturbing trend It’s hard to imagine, but every day 250 preschoolers are suspended or expelled That’s according to a recent analysis by the Center for American Progress (CAP), which says that the practice “worsens along racial lines and raises serious questions about discrimination” CAP analyzed data from the 2016 National Survey of Children’s Health...

Everything you need to know about shorting stocks but were afraid to ask

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Robert Sloan, managing partner at financial analytics firm S3 Partners , said critics of short selling seem to believe betting against something that most people prosper from seems un-American Andrew Left, the founder of Citron Research , is well known for being a short seller, although he also holds long positions Getting a ‘locate’ to sell a stock short Once the process has been laid out...

McDonald's shares responsible for one-third of Friday decline in Dow

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The Dow Jones Industrial Average on Friday was being weighed by slumping shares of McDonald's Corp, for a second straight session The fast-food chain's shares were, down 14%, or $235, cutting about 15 points from the price-weighted Dow DJIA, -017% Shares of McDonald's MCD, -097% fell 18%, or $310, on Thursday, serving as the biggest drag on the Dow, which closed off more than 100 points on the...

Military Background Helps Black Veterans Run BE 100s Companies

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A non-commissioned officer overseeing Marine Corps retail exchanges in Iwakuni, Japan, Leon Richardson for two years led over 40 Marines and civilians Their duties included providing several thousand Marines with everything from cigarettes to bubble gum to civilian clothing In addition to being veterans, they are African Americans now using their military acumen to lead BE 100s companies With...

Louis C.K. movie 'I Love You, Daddy' canceled a week before release date

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CK has been dropped from the upcoming HBO standup comedy fundraiser for autism awareness, “Night of Too Many Stars” hosted by Jon Stewart, which will air live on Nov The premium cable network, which is owned by Time Warner Inc TWX, +387% , will also remove his past projects — including comedy specials and the series “Lucky Louie” — from its on-demand services, HBO said in a statement Another...

#FridayReads: Learn To Perform Better From A Record-Breaking Broadway Star

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'My Pride' shares tips Alton Fitzgerald White learned from his 4,000 performances in 'The Lion King' If you want to know how to perform better at work, who better to listen to than someone who has made history doing it (Photo courtesy of Alton Fitzgerald White) During his 13 years with The Lion King in New York, Las Vegas, and on tour around the country, Alton Fitzgerald White played the role of...

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