Black Elites

Markets, capital and the companies redefining the global economy.

Deep reporting on the deals, firms and industries where the next chapter of wealth is being written.

In business

Black Unemployment Rises to 7.2% in July, Outpacing National Average

The latest U.S. labor market report has revealed a worrying trend: while national unemployment remains low, Black workers continue to face disproportionately higher joblessness. In July 2025, the...

Rihanna Fenty Beauty Partners With WNBA’s New York Liberty

Rihanna is bringing her influence to women’s basketball through a new partnership between her Fenty Beauty brand and the WNBA’s New York Liberty.is bringing her influence to women’s basketball through...

Celebrating Black Business Month: LA’s Scavenger Hunt and Market Draw Crowds

The California African American Museum (CAAM) is set to host a lively finale for Black Business Month, bringing together a citywide scavenger hunt and a free pop-up market celebrating local...

Warner Bros. Secures Kobe Bryant Draft-Day Film

Warner Bros. has acquired the rights to a new film exploring the pivotal moments that led Kobe Bryant to the Los Angeles Lakers — a move the studio will hope continues its recent run of box office...

Japan Plans $1.5 Billion Investment in Africa to Promote Sustainability

Japan is stepping up its efforts to become more involved in Africa’s development, with a new plan to invest $1.5 billion over the next three years. The focus of this investment is on reducing...

New 1% Remittance Tax Worries African Families Abroad

A new 1% tax on money transfers abroad is set to take effect in the new year, raising concerns among immigrant families who rely on remittances as a financial lifeline. For Edidiong Chrys, a...

Eric Adams Rejects Mamdani’s Call for Prostitution Reform

New York City Mayor Eric Adams, facing a tough re-election battle, has doubled down on his opposition to legalizing prostitution, framing his stance around both his policing background and his...

Shaquille O’Neal Launches Scholarship Program for Young Entrepreneurs with Campus College

NBA Hall of Famer Shaquille O’Neal has teamed up with Campus, a modern two-year college, to launch a scholarship initiative aimed at supporting young entrepreneurs pursuing degrees in Business...

New Footage Offers Clues in the Mysterious Death of Missing Teen Giovanni Pelletier

New video footage has shed light on the circumstances surrounding the disappearance and death of 18-year-old Giovanni Pelletier, a North Carolina teen who went missing during a family trip to Florida...