Black Economic Development

The Lip Bar Wants to Become a Legacy Brand. The Real Challenge Is Owning Its Growth.

Melissa Butler’s The Lip Bar is expanding beyond its core audience while navigating its dependence on Target. The controversy reveals…

4 days ago

Black Family Wealth Fell 25%. The Ownership Gap Is the Bigger Story.

New Federal Reserve data show median Black family wealth fell to $36,800 between 2022 and 2025, even as overall U.S.…

2 weeks ago

Owning the Asset Is Not the Same as Controlling the System

Ownership matters. But owning the asset is not the same as controlling the system around it. Black economic power depends…

3 weeks ago

Michael Jordan Gave Morehouse $1 Million. Now It Has a Media Production Center.

The new Morehouse Multimedia Center gives students professional production tools and the college a foundation for building media capacity, developing…

1 month ago

Nearly $300 Million for Community Lenders Could Disappear September 30. What Happens to the Credit Behind It?

A federal lawsuit seeks to protect funding for lenders serving underserved communities. The stakes extend beyond federal grants to small-business…

1 month ago

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