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

Rihanna’s Fenty Beauty Signs Historic Sponsorship Deal with WNBA Champions New York Liberty

Rihanna is bringing beauty courtside. On May 7, the global superstar’s Fenty Beauty and Fenty Skin brands announced a landmark sponsorship deal with the WNBA’s reigning champions, the New York...

Alabama Preschool Sued Over Alleged Discrimination Against Black Toddler

A Gardendale, Alabama couple has filed a lawsuit against a local faith-based preschool, accusing the school of racial discrimination after their two-year-old son was allegedly treated unfairly and...

Minnesota Mom Who Called Black Child a Slur Raises Over $700,000 Amid Wave of Racist Support

A woman from a Minneapolis suburb who admitted to using a racial slur against a Black child at a public park is now at the center of a deeply troubling fundraiser — one that has pulled in over...

Trump Administration Offers $1,000 Stipend to Migrants Who Voluntarily Self-Deport

The Department of Homeland Security (DHS) has launched a new initiative offering financial incentives to undocumented migrants who voluntarily leave the United States, according to The Wall Street...

U.S. Negotiates Deportation Deal with Rwanda Despite Human Rights Outcry

Negotiations are underway between the United States and Rwanda over a potential deal to transfer third-country nationals deported from the U.S. to Rwanda, officials from both countries confirmed this...

Over 100 Undocumented Immigrants Detained in Colorado Springs Nightclub Raid

Federal authorities detained more than 100 undocumented immigrants during a large-scale raid early Sunday morning at an underground nightclub in Colorado Springs, Colorado. Officials said the venue...

Rare Basquiat Painting Could Fetch Up to $15M at Sotheby’s Auction

A newly surfaced early painting by Jean-Michel Basquiat—one that has not been seen publicly for more than three decades—is set to go under the hammer at Sotheby’s Contemporary Evening Auction in New...

Alexis Herman, First Black U.S. Labor Secretary, Dies at 76

Alexis Herman, a pioneering force in American politics and the first African American to serve as U.S. Secretary of Labor, died Thursday at the age of 76, prompting tributes from across the political...

Small Businesses Demand Relief from Trump-Era Tariffs

Small business owners across the United States are pleading for relief from steep new tariffs on imported goods, warning that the higher costs are jeopardizing their survival. Senator Ed Markey, the...