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

EU Commissioner Issues Warning to Elon Musk Over Illegal Content on X

European Commissioner Thierry Breton has warned Elon Musk, the owner of the social media platform X, that his company could face penalties if it doesn’t stop the spread of illegal content. This...

Trump Falsely Claims Harris Rally Crowd Was Fabricated

Former President Donald Trump falsely claimed that a crowd gathered to see Vice President Kamala Harris in Michigan last week “didn’t exist” and that a photo showing the crowd was...

Progressive Democrat Cori Bush Loses Primary Race in Missouri

Democratic Congresswoman and “Squad” member Cori Bush has lost her primary race in Missouri, according to US media projections. Wesley Bell, a St. Louis prosecutor, will be the...

U.S. Army and Dwayne “The Rock” Johnson’s $11 Million Sponsorship Deal Falls Short

Earlier in 2024, the U.S. Army and Dwayne “The Rock” Johnson entered into an $11 million sponsorship deal that included a component similar to a Name, Image, and Likeness (NIL) deal. However, the Army...

5 Things You Didn’t Know About Tim Walz

Vice President Kamala Harris has selected Gov. Tim Walz of Minnesota as her running mate, bringing the former teacher and Army National Guard veteran onto the Democratic ticket to help lead the...

UK PM Vows to Prosecute Violent Protesters Targeting Muslim Community

UK Prime Minister Keir Starmer has declared that violent protesters targeting Muslim communities will face the “full force of the law,” in an effort to quell days of anti-immigration...

Global Stock Markets Drop Amid US Economic Worries

European stock markets fell sharply on Monday, following big drops in Asia, as fears grow that the US economy is slowing down. In London, the FTSE 100 index fell by 2.8%, Paris’ CAC-40 dropped...

Kamala Harris Wins Democratic Nomination with Enough Votes

Vice President Kamala Harris has gathered enough support from Democratic delegates to be their candidate for president, announced Jaime Harrison, the Chair of the Democratic National Committee, on...

HUD Announces $3.5 Billion to Address Homeless Crisis

On July 31, the U.S. Department of Housing and Urban Development (HUD) announced it will provide $3.5 billion in competitive funding to combat the nation’s homeless crisis. HUD Acting Secretary...