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

Spotify Sued for Allegedly Underpaying Royalties by Tens of Millions

Music streaming giant Spotify has been sued in a U.S. federal court for allegedly underpaying songwriters, composers, and publishers by tens of millions of dollars. The lawsuit, filed by the...

President Biden Reaches Out to Black Voters in Detroit and Atlanta

President Joe Biden made significant appeals to black voters over the weekend, starting with a heartfelt declaration at the National Association for the Advancement of Colored People’s (NAACP)...

Madison Crowell Earns Over $14 Million in Scholarships and Acceptance to 231 Colleges

Liberty County High School senior Madison Crowell has captured national attention by earning over $14 million in college scholarships and being accepted into 231 schools. The 18-year-old standout...

Black-Owned Big Dave’s Cheesesteaks Expands to North Carolina and Florida

A lot of people will soon savour the flavours of Big Dave’s Cheesesteaks as the popular black-owned food brand announces its expansion into North Carolina and Florida. Founded in Atlanta by Derrick...

Morgan State University Secures $1.05M Grant to Equip Students for FinTech Revolution’s Forefront

Morgan State University National FinTech Center has secured extended financial support from Ripple, a leading company dedicated to pioneering crypto solutions. On May 14, the Baltimore-based...

Ben Carson Stays Apart as Other VP Contenders for Trump

Ben Carson has been noticeably absent from recent Donald Trump fundraisers or contenders. While other potential vice presidential candidates eagerly position themselves alongside Donald Trump, one...

Angela Alsobrooks Wins the Maryland Democratic Senate Primary

In a decisive win, Angela Alsobrooks clinched victory in Maryland’s Democratic Senate primary on Tuesday, as projected by NBC News. The hard-fought battle saw Alsobrooks emerge triumphant over...

Sabrina Elba Launches Skincare Line Inspired by African Ingredients

UN Goodwill Ambassador and entrepreneur Sabrina Elba has unveiled her latest venture: a skincare line, S’Able Labs, drawing inspiration from the African ingredients her mother utilized to combat...

President Biden to Increase Tariffs on $18 Billion of Chinese Exports, Including Electric Vehicles

President Joe Biden is set to announce on Tuesday that his administration will raise tariffs on $18 billion worth of Chinese exports, with a particular focus on electric vehicles, as part of efforts...