August 29, 2014 4:32 PM • Log InREGISTER
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Barry Bonds’ Beverly Hills Mansion on the Market for $25 Million Kim Kardashian’s Makeup Company Sued for Use of Name The Economic Lessons of Dr. Martin Luther King AMEX CEO Kenneth Chenault: “We Ended 2012 In Strong Shape” At Last, New York Knicks Bring Cache to N.B.A Game In London USPS Running Out of Money, Directed to Cut Costs Cee Lo Green Decoded: Conquering All From Hip-Hop to Hollywood Jermaine Dupri Saves Home From Foreclosure 3 Ways to Turn Your Idea into an Income Stream in 2013 The Creepiest Financial Scams of 2012 Idris Elba Decoded: The Future of Black Leading Men in Hollywood Could Bobby Jindal’s New Tax Plan Hurt Louisiana’s Poor? Chrysler Rolls Out New Jeep at Detroit Auto Show Inform Your Elderly on the Dangers of Self-Directed IRAs Dr. Detroit? Mayor Bing Releases New 50-Year Plan to Revitalize City You Can Message Mark Zuckerberg For $100 Turbulence and Triumph: Arik Air On Flight to Success in Airline Industry Marlon Wayans Decoded: One of Hollywood’s Top Black Producers is Flying Solo John Wall Makes Switch From Reebok to Adidas Will Smith & Family Decoded: They Are Legend Is Wendy’s Value Menu Not Much of a Value Anymore? What You Choose To Believe About Money Matters Target “Price Matching” to Continue Throughout the Year AIG Says Bailout Terms Were Unfair, Is it Considering a Lawsuit? Super Bowl XLVII Decoded: This Year’s Big Game on CBS, By The Numbers Columbus, Ohio Mayor Michael B. Coleman Likes His City Very Much Jamie Foxx Decoded: Comedian, Actor, Musician and Director…What Else is Left? 6 Unlikely Tips to Get Your Financial House in Order GM Buys Tech Center Bringing 1000 New Jobs to Atlanta Meet the Woman Behind the 52 Week Savings Challenge Family Dollar Says Shoppers Couldn’t Afford Toys This Season Celebrity Pregnancies Decoded: The Breakdown of Hollywood’s Million-Dollar Babies Terrell Owens Selling Used Clothes for Child Support Payments Wellness Travel Big Business in the New Year Green Envy: How Baby “Kimye” is Already Making Money HSBC Caught in Crosshairs of Money Laundering in Colombia Fiscal Cliff Resolution to Take Large Chunk Out of American Paychecks Fiscal Crisis Ends, Decision Made by the House Avis Buys Zipcar For $500 Million in Cash Wait ‘Til I Get My Money Right: Top Money Resolutions for 2013 5 Tax Changes That Take Effect in 2013 Queen Latifah Decoded: The Grammy-Winning Rapper Turns into a CoverGirl Atlanta-Area Counties Sue HSBC for Predatory Lending Sea World Entertainment Goes Public with IPO Could U.S. Economic Disparity Stem from White Supremacy? Money From Sandy Hook Relief Concert Being Put to Use Oprah, Hollywood Reporter Covergirl, Reflects on 2012 Eric Jerome Dickey Decoded: From an Engineering Career to the NYTimes Best Seller List Fat Joe ‘Holding Back’ His Love … of Paying Taxes Into 2013, New York’s ‘Piano Lesson’ a Triumph in Heart Kenyon Martin’s $3 Million Home in Texas is for Sale Author Kaneisha Grayson is Her ‘Own Boyfriend’ — and Fundraiser, Too Kandi Burruss Decoded: On the Move Mogul Quietly Builds “The Kandi Empire” Pay Your Bills! Terrence Howard Sued for Past Due $33k AMEX Bill Rapper Meek Mill Pledges 10k to His Alma Mater Bilal Decoded: Preaching the Gospel of Money Management and Self Reliance Got Milk? Dairy Prices May Soar in the New Year For Laughs, Old and New Fans Still Want ‘Sommore’ Rihanna Donates $1.75 Million to Hospital in Barbados Nas Being Sued for $10,000,000 Rihanna Purchases $12 Million Dollar Mansion in LA Brandy Decoded: Singer Breaks Down the Business of Being a Star Ne-Yo Being Sued for Breaking Confidentiality Clause ‘Layaway Angels’ Spreading Good Cheer Again This Year BET Founder Bob Johnson Offers Obama Plan to Cut Black Unemployment The 3 Most Appropriate Gifts for Your ‘Situationship’ Frank Ocean Being Sued By Father Ne-Yo Decoded: The Man, The Musician, The Mogul Waka Flocka Ordered to Pay $500k for NC Shooting Gas Prices Hit Two-Year Low U.S. Credit Rating to be Downgraded Again? Fed Teases to When Interest Rates Will Go Up Some Credit Card Companies Issuing Refunds Harlem Brownstone Sells for Whopping $3 Million Taking a New Look at Entrepreneurship and Franchising Southwest Airlines Plans to Charge No-Show Customers Jesse Hill Jr., Atlanta Activist and Businessman, Dead at 86 Braylon Edwards Is Sued For Child Support, Again 5 Money Lessons From Big Sean’s ‘Guap’ HSBC Reached Record Settlement in Money Laundering Dispute Breaking Down Beyonce’s Pepsi Deal Report: Freddie Mac’s Housing Forecast for 2013 Looking Up Does President Obama Care About Youth Unemployment? Lil Wayne Pays IRS $7.7 Million for Tax Lien Q&A: 7 Minutes With Spike Lee Sorry, Granny: Savings Bonds to Go Digital Wealthy Giving Big Gifts Before 2013 Tax Hike For Detroit’s KeY Wane, Graduation Has Two Degrees of Success For Tiki Barber, Thuzio Startup an Authentic Experience Q&A With Jay-Z, Michael Jackson Biographer Zack O’Malley Greenburg Jay-Z Drops $20k on Art Basel Painting by Black Chicagoan Want to Know What Michael Jordan Got Himself for Christmas? Dun & Bradstreet Pioneers 529 Matching for Employees Is Washington Post Digital Paywall System a Good Idea? Michigan On Cusp of Decision in Labor Dispute After Breakdown, Diageo to Take a Shot at Another Tequila Is Playing the Lottery for ‘Losers?’ T.I. To Help Veterans In ‘Give Like A King’ Campaign Dennis Rodman Must Pay $500,000 in Child Support Beyonce Inks $50 Million Deal with Pepsi 7 Retail Tricks to Make You Spend More This Christmas All Random House Employees Getting $5000 Holiday Bonus How to Avoid Wesley Snipes’ Tax Fate A More Efficient Form of Relief for Hurricane Sandy Survivors Fed Sets Fair Student Loan Repayment Terms, Conditions Gay People Earn More and Have Less Debt, Study Says How to Avoid ‘Partying For a Good Cause’ This Christmas Yahoo! In Battle with Mexican Yellow Pages 3 Shopping ‘Deals’ to Avoid In December In Portland, a NIKEiD Design Consultant Tells All Drake Signs Imprint Deal With Warner Brothers Starbucks Expansion Planned in U.S. Over Next 5 Years Eddie Murphy is Forbes’ Most Overpaid Actor Citigroup Making Drastic Move to Reduce Workforce Houston Texans WR Andre Johnson Spends $19k on Toys for Less Fortunate Kids Freddie Mac and Fannie Mae Announce Eviction Moratorium for Holiday Season Jay-Z Short Doc Gets Behind Scenes of Barclays Concerts Good News For Americans Living Paycheck to Paycheck “BUY BLACK” Holiday Shopping Expo Coming to Philly This Weekend Pras Sues Movie Director Over Missing Project In Newark, Support, Leeriness of Booker’s Food Stamp Challenge Jordan Releases Air Jordan XX8 Shoe in Manhattan Q&A: 7 Minutes with Professional BMX Rider Nigel Sylvester Halle Berry and Fiance to Pay Gabriel Aubry’s Fees Now Is Perfect Time To Get Finances In Order Unemployment Tally in the Billions, Agency Says Zynga to Facebook: We Need Space Report: Credit Card Debt, Late Payments On the Rise Dr. Dre Tops List of Highest Paid Musicians of 2012 Mary J. Blige Defaulted on 2.2 Million Loan, According to Lawsuit 3 Holiday Shopping Mistakes to Avoid Economy Grew Slightly in the Third Quarter Ryan Leslie Ordered to Pay Up On Reward Promise BP Oil Banned From Government Contracts — For Now Deficit Downpayment of $1 Trillion Will Help Abate Fiscal Cliff California’s Economy Showing Signs of Life NBA’s No. 1 Selling Jersey Belongs to LeBron James Popeyes Ditches Spinach-Eating Brand Ambassador Warren Buffet Insists on the Gov’t Taking His (And His Rich Friends’) Money Young Entrepreneur Recognized for Outstanding Work as Philanthropist Michael Jackson’s Personal Debt Paid In Full Jesse Jackson Jr.’s Resignation Could Cost Taxpayers Big Bucks Mike Tyson Launches Children’s Charity Retailers Count on Aspirational Shoppers to Boost Revenue This Season Valerie Jarrett Discusses Entrepreneurship, Small Business Saturday with Black Enterprise How the Housing Crisis Battered America’s Wealthiest Black County Michigan to Give Money to Early High School Graduates NHL Cancels More Games, All-Star Weekend What Will be the Fate of Financially Shaky HBCUs? A Reality Check for Black Friday

Money

bonds19f-1-web

Barry Bonds’ Beverly Hills Mansion on the Market for $25 Million

Bonds bought the home in 2002 for 8.7 million

Former Major League Baseball player puts his Beverly Hills mansion up for sale

By Makkada B. Selah

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Kim Kardashian’s Makeup Company Sued for Use of Name

The Kardashian makeup line is being sold at CVS, K-Mart and Sears

Two small makeup companies sue the Kardashains for use of the name Khroma

By Makkada B. Selah

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The Economic Lessons of Dr. Martin Luther King

The March on Washington was a speech for jobs and freedom.

The Freedom Budget, along with many of the economic goals of the civil rights movement,…

By Black Enterprise

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American Express CEO Kenneth Chenault

AMEX CEO Kenneth Chenault: “We Ended 2012 In Strong Shape”

Earnings dip not indicative of progress at American Express, its CEO says

American Express CEO Kenneth I. Chenault isn’t panicking after earnings report on Thursday

By Darren Sands

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Stars Amar'e Stoudemire, Carmelo Anthony and Tyson Chandler will all be on the floor in London Thursday when the Knicks play the Detroit Pistons.

At Last, New York Knicks Bring Cache to N.B.A Game In London

The Knicks are coming, the Knicks are coming! For N.B.A.'s hopes in the U.K. and Europe, that finally means something

As it concerns the N.B.A.’s plans to expand its popularity, the Knicks are a worthy…

By Darren Sands

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USPS Running Out of Money, Directed to Cut Costs

USPS may have no cash by October.

The agency lost almost $16 billion in the past year

By Black Enterprise

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Cee Lo Green Decoded: Conquering All From Hip-Hop to Hollywood

Black Enterprise looks back at Cee Lo's introduction to hip-hop, and his current take over in Hollywood.

Black Enterprise decodes Cee Lo Green’s hip-hop takeover in the ’90s to his life on…

By Amber McKynzie

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Jermaine Dupri - Featured

Jermaine Dupri Saves Home From Foreclosure

Jermaine Dupri stops home foreclosure for the second time in four months.

Jermaine Dupri gets judge to postpone foreclosure on Atlanta mansion.

By Amber McKynzie

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(Image: Thinkstock)

3 Ways to Turn Your Idea into an Income Stream in 2013

Getting specific about your goals has a significant payoff

Get serious about turning your ideas into cash.

By Amanda Miller Littlejohn

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The Creepiest Financial Scams of 2012

Better Business Bureau highlights the most popular scams of the past year

Thousands lose money every year by falling victim to these scams.

By Darren Sands

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Idris Elba Decoded: The Future of Black Leading Men in Hollywood

Is Elba the next Denzel?

Idris Elba’s career in music with tracks like “Secret Garden” and his DJ career may…

By Maurice Garland

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Image: File

Could Bobby Jindal’s New Tax Plan Hurt Louisiana’s Poor?

Governor Jindal has a new tax plan — what do you think?

Governer Jindal wants to eliminate income taxes in Louisiana, but raise sales tax

By Makkada B. Selah

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Chrysler Rolls Out New Jeep at Detroit Auto Show

Chrysler has rebounded after 2009 bailout from the federal government

Chrysler is making a big splash with new technology at Detroit’s auto show.

By Darren Sands

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Inform Your Elderly on the Dangers of Self-Directed IRAs

Just one or two mishaps can lead to losing everything when an investment goes bad

Don’t let your elderly family members fall victim to the risks of self-directed IRAs.

By Jennifer Streaks

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binh

Dr. Detroit? Mayor Bing Releases New 50-Year Plan to Revitalize City

Bing's new plan gives lots of leeway to startups

The mayor of Detroit unveils ambitious new plan to turn the Motor City around

By Makkada B. Selah

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You Can Message Mark Zuckerberg For $100

An audience with Facebook's CEO is just one way Facebook is monetizing its capabilities

What would you tell Mark Zuckerberg for $100?

By Darren Sands

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(Image: Arik Air)

Turbulence and Triumph: Arik Air On Flight to Success in Airline Industry

West Africa’s largest commercial airline boasts over 6 million annual domestic flyers

Despite numerous attempts, one company sees success in starting an airline in Nigeria. Arik Air…

By Zandile Blay

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A Haunted House Poster

Marlon Wayans Decoded: One of Hollywood’s Top Black Producers is Flying Solo

"A Haunted House" is Marlon Wayans' Janet Jackson "Control” moment

Will you go watch “A Haunted House?”

By Kenya N. Byrd

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Wall signed a 5-year extension with the Washington Wizards.

John Wall Makes Switch From Reebok to Adidas

Wizards guard is almost back from knee injury

John Wall is making a comeback to the NBA with some new apparel.

By Darren Sands

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Will Smith + Family celebrate another great year

Will Smith & Family Decoded: They Are Legend

Black Enterprise breaks down the celebrity, charity and careers of Will Smith and his family.

Black Enterprise dissects the careers of one of Hollywood’s most successful families.

By Amber McKynzie

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imgres

Is Wendy’s Value Menu Not Much of a Value Anymore?

Get it while it's hot, because these deals won't last for long

The price of food is going up and the effect is being seen in fast…

By Ashley R. Harris

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MONEY

What You Choose To Believe About Money Matters

Believing you are destined to be rich won't make wealth inevitable. But believing you are born to be poor all but guarantees a life of lack.

There’s no guarantee that believing you are destined to be rich, alone, will make you…

By Alfred Edmond, Jr.

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Target “Price Matching” to Continue Throughout the Year

The bargain store attempts to lure customers away from its competitors

Will you be taking advantage of the big box retailer’s extension?

By Ashley R. Harris

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(Image: Thinkstock)

AIG Says Bailout Terms Were Unfair, Is it Considering a Lawsuit?

Yes, they're serious

Elizabeth Warren has called AIG’s suggestions “ridiculous”

By Ashley R. Harris

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Superbowl-2013

Super Bowl XLVII Decoded: This Year’s Big Game on CBS, By The Numbers

Big stars and big names mean even bigger numbers for CBS

CBS is prepared for a big takeover in New Orleans’ Jackson Square.

By Darren Sands

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Columbus Mayor Michael B. Coleman

Columbus, Ohio Mayor Michael B. Coleman Likes His City Very Much

Host city to Black Enterprise's 2013 Entrepreneur's Conference, the Ohio capital's biggest fan is the mayor himself

A Q+A with Columbus Mayor Michael B. Coleman.

By Darren Sands

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Jamie Foxx Decoded: Comedian, Actor, Musician and Director…What Else is Left?

What could possibly be next for the Texas born Foxx?

Our latest Decoded feature focuses on one of Hollywood’s most versatile entertainers

By Tomika Anderson

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6 Unlikely Tips to Get Your Financial House in Order

You've heard this advice from time to time, but it's never been more necessary

Six tips to get organized about your finances

By Jennifer Streaks

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GM Buys Tech Center Bringing 1000 New Jobs to Atlanta

GM plans to hire 10,000 computer workers at new tech centers across the US

General Motors has purchased a building in Atlanta it plans to convert to tech facility

By Makkada B. Selah

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Kassondra Perry-Moreland

Meet the Woman Behind the 52 Week Savings Challenge

How one woman’s prayer could help millions save money

One woman’s epiphany is making an impact in social media.

By Patrice C. Washington

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Family Dollar Says Shoppers Couldn’t Afford Toys This Season

Many families could afford to buy precious few toys this past Christmas

Many American families had to pass on toys and big celebrations this year in favor…

By Makkada B. Selah

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Alicia Keys & Swizz Beatz


With eight American Music Awards nominations and five wins; seven Billboard Music Awards nominations and 10 wins; and 13 Grammy Awards nominations and 14 wins, it’s no wonder Alicia Keys is sitting with a said net worth of $45 million. And with the recent launch of Keys’ partnership with Reebok for her own shoe line, there’s no telling what her worth will jump to next. But one thing is for sure, the New York-bred songbird’s now two-year-old son, Eygpt Daoud Dean, is living the life under the mandated communal support of his parents.


Three months before Eygpt was born, Keys married legendary producer Swizz Beatz, properly known as Kasseem Daoud Jones. The former Ruff Ryders producer has influenced the entertainment industry since the late ’90s, and now can proudly say he’s part of America’s one percent with an approximate net worth of $65 million. Combined Alicia and Swizz sit on a total worth of $110 million, which Eygpt can legally say—if he could speak in full sentences—he’s entitled to. This curly-haired cutie may not be the richest baby in America, but he’s certainly at the top of the list.

Celebrity Pregnancies Decoded: The Breakdown of Hollywood’s Million-Dollar Babies

With baby KimYe on the way, Black Enterprise decodes entertainment's richest heirs.

In lieu of KimYe’s most recent baby announcement, BlackEnterprise.com takes a look at some of…

By Amber McKynzie

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Terrell Owens - Featured

Terrell Owens Selling Used Clothes for Child Support Payments

Terrell Owens mandated to complete community service for back child support.

After years in the lime light, T.O. has been forced to humble himself after being…

By Amber McKynzie

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(Image: ThinkStock)

Wellness Travel Big Business in the New Year

Living well can be a costly endeavor, especially when on vacation

Travel could be the key to wellness in the new year.

By Ashley R. Harris

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kanye-west-kim-kardashian-possible-marriage-black-enterprise

Green Envy: How Baby “Kimye” is Already Making Money

Kim says she'll chronicle the pregnancy on TV, but after birth she's gonna keep the kid under wraps. Sure.

How can Kim and Kanye profit from their baby? Let us count the ways.

By Ashley R. Harris

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hsbc

HSBC Caught in Crosshairs of Money Laundering in Colombia

$500 million allegedly laundered from Colombia to the U.S.

HSBC bank is in the middle of a drug trafficking and money laundering case taking…

By Sasha King

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Fiscal Cliff Resolution to Take Large Chunk Out of American Paychecks

The resolution may hurt more than it helps

Many Americans are just finding out what the fiscal cliff could mean for them.

By Ashley R. Harris

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10 Reasons Why People of Color Should Care About Sequestration

Fiscal Crisis Ends, Decision Made by the House

Tax increases will not affect most Americans

Late yesterday evening the House of Representatives came to decision to pass legislation that would…

By Sasha King

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Zip

Avis Buys Zipcar For $500 Million in Cash

Zipcar execs said to net profits in the tens of millions

Avis Budget will purchase Zipcar, a deal expected to be complete this spring.

By Darren Sands

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stack-of-money

Wait ‘Til I Get My Money Right: Top Money Resolutions for 2013

Overall health, physically and fiscally, is within your reach

Get your mind — and money — right in 2013.

By Ashley R. Harris

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5 Tax Changes That Take Effect in 2013

New changes in 2013 mean many families and individuals will need to seek professional tax assistance

Taxes, taxes, taxes. Here are the ins and outs for 2013.

By Jennifer Streaks

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Queen Latifah smiling

Queen Latifah Decoded: The Grammy-Winning Rapper Turns into a CoverGirl

Queen Latifah enters the entertainment industry, and emerges into one of the biggest female brands in America.

BlackEnterprise.com breaksdown the life of Queen Latifah, the female entertainer that has broken countless barriers…

By Amber McKynzie

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hsbc

Atlanta-Area Counties Sue HSBC for Predatory Lending

First money laundering, now this. HSBC is in hot water again.

Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC disrupted their tax…

By Makkada B. Selah

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seaworld

Sea World Entertainment Goes Public with IPO

You can now own shares of SeaWorld

What are you currently investing in?

By Makkada B. Selah

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Could U.S. Economic Disparity Stem from White Supremacy?

Black wealth is at it's lowest point ever. Could it be that way by design?

Could black wealth lag behind white wealth because of systemic white supremacy?

By Makkada B. Selah

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Kanye-West-Sandy-Benefit

Money From Sandy Hook Relief Concert Being Put to Use

More than 160 organizations and counting have gotten shares of the Sandy relief funds.

The funds were collected by the Robin Hood Foundation

By Black Enterprise

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Oprah, Hollywood Reporter Covergirl, Reflects on 2012

Winfrey pleased with increased relevance of her two-year-old network

But what does Oprah have in store for 2013?

By Darren Sands

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Eric Jerome Dickey - Featured

Eric Jerome Dickey Decoded: From an Engineering Career to the NYTimes Best Seller List

Eric Jerome Dickey breaks down his love for books and his thoughts on financial responsibility.

Eric Jerome Dickey breaks down his novels and talks words, wisdom and wealth

By Amber McKynzie

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Fat Joe

Fat Joe ‘Holding Back’ His Love … of Paying Taxes

Will they ever learn that the government doesn't play when it comes to its money?

Taking a page out of the Wesley Snipes playbook, not-so-fat-anymore rapper Fat Joe has pled…

By Ashley R. Harris

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Into 2013, New York’s ‘Piano Lesson’ a Triumph in Heart

With at least four weeks remaining, Ruben Santiago-Hudson has hopes for at least two special guests

‘The Piano Lesson’ has audiences singing August Wilson’s praises — all over again.

By Darren Sands

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Kenyon Martin

Kenyon Martin’s $3 Million Home in Texas is for Sale

Clippers forward is in the twilight of his career. Could he just be starting out as a savvy businessman?

Kenyon Martin is selling a home in Texas.

By Darren Sands

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Grayson

Author Kaneisha Grayson is Her ‘Own Boyfriend’ — and Fundraiser, Too

With a little help from her 'friends,' an author closes in on Kickstarter goal

‘Be Your Own Boyfriend’ project is closer than ever to reaching young women all over…

By Darren Sands

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Kandi Burruss Decoded: On the Move Mogul Quietly Builds “The Kandi Empire”

Kandi Burruss is following in the footsteps of Oprah and Tyra Banks.

90′s kids may still identify with her as the former lead singer in the group…

By Maurice Garland

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terrence-howard

Pay Your Bills! Terrence Howard Sued for Past Due $33k AMEX Bill

Even stars have to pay off their debts.

Terrence Howard better pay his credit card bill to American Express or else.

By Cedric 'BIG CED' Thornton

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mill

Rapper Meek Mill Pledges 10k to His Alma Mater

Meek Mill wants to save his old high school

Meek Mill is hoping his donation will help to keep his Philadelphia high school open

By Makkada B. Selah

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bilal

Bilal Decoded: Preaching the Gospel of Money Management and Self Reliance

Anyone who is in the music industry or hopes to be will learn something from Bilal in this interview.

The soul singer talks about his music industry past and future.

By Tomika Anderson

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Milk

Got Milk? Dairy Prices May Soar in the New Year

Congress is stalling on yet another important issue that will affect Americans' pockets

The price of milk is just another symptom of the up-and-down economy.

By Ashley R. Harris

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Sommore will headline Caroline's in New York City this on Martin Luther King, Jr. Weekend.

For Laughs, Old and New Fans Still Want ‘Sommore’

A new health initiative and outlook on life endears comedienne to yet another generation

Sommore talks reaching a new audience, and discusses why hair dye is necessary.

By Darren Sands

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rihanna

Rihanna Donates $1.75 Million to Hospital in Barbados

The oncology department at Queen's Elizabeth's Hospital has been named after Rihanna's late grandmother

Rihanna donated almost 2 million dollars to a hospital in Barbados

By Makkada B. Selah

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Nas Being Sued for $10,000,000

Rapper being sued for missing a concert in Africa

A lawsuit was filed on Friday against rapper Nas for failing to appear at a…

By Cedric 'BIG CED' Thornton

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rihanna

Rihanna Purchases $12 Million Dollar Mansion in LA

Rihanna sure has money.

The singer has plans for a “Diamonds World Tour” which starts in the spring.

By Cedric 'BIG CED' Thornton

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brandy-iabtm

Brandy Decoded: Singer Breaks Down the Business of Being a Star

Brandy breaks down the business of stardom from childhood to adulthood.

Brandy talks financial responsibility, staying grounded and how not to let this industry go to…

By Amber McKynzie

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ne-yo-being-sued-black0enterprise

Ne-Yo Being Sued for Breaking Confidentiality Clause

Singer is being threatened with legal action following VH1's Behind The Music episode

A few years ago, Ne-Yo had to pay $575,000 to Jessica White for a son…

By Cedric 'BIG CED' Thornton

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‘Layaway Angels’ Spreading Good Cheer Again This Year

This Christmas, many Americans are being notified that their layaway accounts have been paid in full by an anonymous donor

The number of layaway angels during this holiday season continues to increase

By Makkada B. Selah

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BET Founder Bob Johnson Offers Obama Plan to Cut Black Unemployment

Dissecting a disparity that persists across education levels and occupations.

How soon can we figure out the unemployment crisis for African Americans?

By Makkada B. Selah

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black-couple-smiling

The 3 Most Appropriate Gifts for Your ‘Situationship’

Give the right gift to the right person

Could the right gift make all the difference?

By Ashley R. Harris

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frank-ocean-being-sued-by-father-black-enterprise

Frank Ocean Being Sued By Father

According to the singer, his father has filed a lawsuit against him for $1,000,000.

As with most celebrities tweeting something they regret, the tweet was removed from his timeline.

By Cedric 'BIG CED' Thornton

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ne-yo-tgj

Ne-Yo Decoded: The Man, The Musician, The Mogul

Music star Ne-Yo recently sat down with us to provide us with some of his insights on becoming and staying successful.

One of the things that attracted Ne-Yo to the position was the focus on artist…

By Christian Law

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waka-flocka-flame-bling

Waka Flocka Ordered to Pay $500k for NC Shooting

A North Carolina man says he was only trying to give Waka his demo when he was shot.

The court has ordered rapper Wacka Flocka Flame to pay for shooting and injuring a…

By Makkada B. Selah

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(Image: Thinkstock)

Gas Prices Hit Two-Year Low

Consumers saving at the pump before they get on the road this holiday season

Good news at the pump for consumers.

By Ashley R. Harris

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flobama

U.S. Credit Rating to be Downgraded Again?

Global rating agency poised to strip the U.S. of AAA rating

Can Obama and Speaker Boehner reach a deal?

By Ashley R. Harris

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Fed Teases to When Interest Rates Will Go Up

The Fed is waiting for unemployment to hit a magic number before it entertains changing interest rates

Is good news on the horizon?

By Ashley R. Harris

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Credit card usage is on the rise, new data says.

Some Credit Card Companies Issuing Refunds

Customers should be receiving refunds from now until March

You could be in line for a refund from your credit card company.

By Ashley R. Harris

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The interior of a brownstone on W. 121st St. in Harlem, which recently sold for $3 million.

Harlem Brownstone Sells for Whopping $3 Million

Home is most expensive sale in Harlem 2012

The home went for $3 million, just over the asking price of $2.85 according to…

By Darren Sands

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money-stack-620x480

Taking a New Look at Entrepreneurship and Franchising

Our financial expert says it's worth taking a look at franchising from another perspective

Want to start a franchise? It may not be necessary to reinvent the wheel.

By Patrice C. Washington

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southwest

Southwest Airlines Plans to Charge No-Show Customers

First the baggage fees, now this. Southwest plans to make money any which way they can.

Southwest airlines announced that they’ll be charging a fee to customers who don’t show up…

By Makkada B. Selah

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JesseHill1

Jesse Hill Jr., Atlanta Activist and Businessman, Dead at 86

St. Louis native was a civil rights activist who led Atlanta Life Insurance Co.

Mr. Hill died Monday at age 86.

By Darren Sands

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Jets WR Braylon Edwards is mired in another messy paternity suit.

Braylon Edwards Is Sued For Child Support, Again

Edwards has fathered two children with models

Braylon Edwards is in hot water once again.

By Ashley R. Harris

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big-sean-guap-video

5 Money Lessons From Big Sean’s ‘Guap’

You see Big Sean getting 'guap' right now? Here's why.

Nothing more important than the mula. Five money lessons from one of the hottest songs…

By Darren Sands

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cash

HSBC Reached Record Settlement in Money Laundering Dispute

Government telling big banks to watch and take heed

Europe’s biggest bank is facing stiff penalties for its involvement in a money laundering scheme.
U.S.…

By Ashley R. Harris

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(Image: File)

Breaking Down Beyonce’s Pepsi Deal

How the reigning queen of Pop & B changed the sponsorship game

In Beyonce, Pepsi landed a household name.

By Ashley R. Harris

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Report: Freddie Mac’s Housing Forecast for 2013 Looking Up

Housing continues positive trend

Property values are expected to rise into the next year and are likely to increase…

By Ashley R. Harris

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Does President Obama Care About Youth Unemployment?

A poll shows young entrepreneurs don't feel supported by the federal government

Should youth unemployment should be at the top of the president’s agenda?

By John Wilson

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Lil Wayne Pays IRS $7.7 Million for Tax Lien

The IRS placed liens on the rapper's Miami Beach estate

Don’t mess with the IRS.

By Makkada B. Selah

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spike lee

Q&A: 7 Minutes With Spike Lee

(Barely) talking jazz, education and scoring films with Spike Lee

A brief conversation with Spike Lee.

By Darren Sands

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savings-bonds

Sorry, Granny: Savings Bonds to Go Digital

Savings bonds have gone digital, much to the chagrin of grandparents

How will this change the system?

By Ashley R. Harris

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taxes

Wealthy Giving Big Gifts Before 2013 Tax Hike

The fiscal cliff has scared some to giving away fortunes

Could this trend prove prudent?

By Ashley R. Harris

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For Detroit’s KeY Wane, Graduation Has Two Degrees of Success

For young super producer already killing the game, graduation from Tenn. State Univ. is around the corner.

KeY Wane’s already produced some of the biggest songs in hip hop — and he’s…

By Marshall Latimore

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Tiki Barber, former NFL running back, is now the face of a new web-based startup.

For Tiki Barber, Thuzio Startup an Authentic Experience

Former NFL star Tiki Barber is empowering himself -- and others -- with his new venture. But will it succeed?

Barber, 37, is the undeniably the face of Thuzio, a web start-up which recruits current…

By Darren Sands

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Zack O'Malley Greenburg

Q&A With Jay-Z, Michael Jackson Biographer Zack O’Malley Greenburg

Empire State of Mind author talks Jay-Z's thoughts on his book, what, 'I will not lose - ever,' means and a forthcoming biz-centered bio on MJ

“He kept walking for about ten feet — and I knew he’d heard me, because…

By Darren Sands

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Jay-Z Drops $20k on Art Basel Painting by Black Chicagoan

Do you like this painting Jay Z bought at Art Basel Miami Beach?

Jay Z purchases a mixed-media painting by a 31-year-old Chicagoan.

By Makkada B. Selah

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michael-jordan16x9

Want to Know What Michael Jordan Got Himself for Christmas?

Details on his Airness' downsized home

Michael Jordan’s got a new home — we’ve got the details.

By Ashley R. Harris

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121205062038-college-savings-monster

Dun & Bradstreet Pioneers 529 Matching for Employees

Will other companies follow?

Dun & Bradstreet has begun matching employees’ 529 contributions

By Makkada B. Selah

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imgres

Is Washington Post Digital Paywall System a Good Idea?

With nearly 20 million unique visitors, the move would be a controversial one

The Washington Post could be adjusting its financial system with a digital paywall.

By Darren Sands

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MI Unions

Michigan On Cusp of Decision in Labor Dispute

Could this move be the death knell to unions nationwide?

Labor union power in Michigan may be limited — permanently.

By Ashley R. Harris

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After Breakdown, Diageo to Take a Shot at Another Tequila

Liquor giant expected to look elsewhere to corner the tequila market

Who should they go after?

By Darren Sands

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Is Playing the Lottery for ‘Losers?’

Expert says it's best to avoid this game

Financial adviser Mellody Hobson explains why you’re wasting your time and your money with the…

By Makkada B. Selah

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t-i-helps-homeless-veterans-black-enterprise

T.I. To Help Veterans In ‘Give Like A King’ Campaign

Rapper plans on helping homeless veterans

T.I. will be helping homeless veterans cope

By Cedric 'BIG CED' Thornton

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Dennis-Rodman

Dennis Rodman Must Pay $500,000 in Child Support

Reality TV star must pay ex-wife $500,000

Former NBA baller will have to pay his ex-wife and their two children.

By Cedric 'BIG CED' Thornton

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beyonce-pepsi-super-bowl-black-enterprise

Beyonce Inks $50 Million Deal with Pepsi

Singer will also perform at the Super Bowl halftime show

She will also appear on special edition Pepsi cans

By Cedric 'BIG CED' Thornton

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Christmas-Gifts-620x480

7 Retail Tricks to Make You Spend More This Christmas

Watch out for expert marketers' tools and tricks of the trade

Don’t fall victim to these tried and true tricks!

By Jennifer Streaks

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money

All Random House Employees Getting $5000 Holiday Bonus

Are you jealous?

Because of the amazing success of ’50 Shades of Grey’, the book publisher decides to…

By Makkada B. Selah

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Wesley-Snipes

How to Avoid Wesley Snipes’ Tax Fate

The IRS has programs available to help people avoid the same situation

The IRS don’t play games. Here’s how to play by the rules.

By Ashley R. Harris

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obama-hurricane-sandy-large

A More Efficient Form of Relief for Hurricane Sandy Survivors

With HUD, Sandy survivors looking for a place to spend the holidays now have another option

The federal government is stepping in for families in need.

By Ashley R. Harris

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Money

Fed Sets Fair Student Loan Repayment Terms, Conditions

Borrowers finding relief from new government regulations

New regulations are supposed to make loan repayment more manageable for borrowers

By Ashley R. Harris

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gay

Gay People Earn More and Have Less Debt, Study Says

Gays sure do save their money.

A new study shows Gay people are more responsible with their money than the average…

By Makkada B. Selah

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(File)

How to Avoid ‘Partying For a Good Cause’ This Christmas

Some predators seek to key in on December to target charitable givers

How do you avoid Scrooge this holiday season?

By Darren Sands

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imgres

Yahoo! In Battle with Mexican Yellow Pages

Search engine giant told to pay up for not keeping its word

Y! may have to pay up.

By Ashley R. Harris

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(Image: Thinkstock)

3 Shopping ‘Deals’ to Avoid In December

Look out for bargains at the top of the year on these items

Going for these products now may break the bank.

By Ashley R. Harris

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Kyle Flowers

In Portland, a NIKEiD Design Consultant Tells All

Q+A with NIKEiD design consultant and self-professed sneaker addict Kyle Flowers

A career in sneaker design has its ups and downs.

By Chantell Black

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drake-warner-brothers-ovo-black-enterprise

Drake Signs Imprint Deal With Warner Brothers

Deal will allow him to expand his OVO brand

Are you a fan of Drake’s business moves?

By Cedric 'BIG CED' Thornton

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Starbucks Expansion Planned in U.S. Over Next 5 Years

Your Starbucks fix will be even easier to get within two years

Starbucks plans to open up a bunch of new stores in the next few years

By Makkada B. Selah

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B

Eddie Murphy is Forbes’ Most Overpaid Actor

Forbes estimated that for every $1 Murphy was paid for his last three films, they returned an average of $2.30 at the box office.

Can he overcome this distinction?

By Cedric 'BIG CED' Thornton

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citigroup

Citigroup Making Drastic Move to Reduce Workforce

Thousands will lose their jobs in order to keep the bank solvent

Citigroup is slashing jobs, another blemish on a disastrous 2012.

By Ashley R. Harris

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andre-johnson

Houston Texans WR Andre Johnson Spends $19k on Toys for Less Fortunate Kids

Johnson spreads holiday cheer for at-risk youth

Texans WR and all-around good guy Andre Johnson played the role of Santa Wednesday.

By Darren Sands

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Freddie Mac

Freddie Mac and Fannie Mae Announce Eviction Moratorium for Holiday Season

Lending giants join in on holiday cheer

Two financial giants are giving consumers a break for the holidays.

By Ashley R. Harris

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Jay

Jay-Z Short Doc Gets Behind Scenes of Barclays Concerts

Jay-Z 'Life + Times' YouTube channel has kicked off

A few highlights from Jay’s new short documentary

By Darren Sands

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businessman-stressed-at-computer-300x232.jpg

Good News For Americans Living Paycheck to Paycheck

Analysts say this is a great sign towards to a rebounding economy

How can American workers reverse the trend?

By Ashley R. Harris

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support-black-business

“BUY BLACK” Holiday Shopping Expo Coming to Philly This Weekend

"If American blacks harnessed their spending power, they'd have the GDP of the 16th largest country in the world."

Buying power of African Americans is projected to reach $1.1 trillion by 2015.

By Makkada B. Selah

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pras-suing-movie-director-black-enterprise

Pras Sues Movie Director Over Missing Project

Former Fugees rapper financed $70,000 and hasn't gotten the film from the director

Why are the Fugees always in some sort of mess?

By Cedric 'BIG CED' Thornton

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Cory-Booker-620x480

In Newark, Support, Leeriness of Booker’s Food Stamp Challenge

Newark officials laud work of Newark's non-profit community, food access programs

One family’s struggle hints at what Newark Mayor Cory Booker is up against.

By Sherrell Dorsey

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(via @SoleCollector)

Jordan Releases Air Jordan XX8 Shoe in Manhattan

Brand President Larry Miller tells BlackEnterprise.com the brand has to "motivate young people"

Jordan releases new shoe just in time for Christmas.

By Darren Sands

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NigelSylvester.com

Q&A: 7 Minutes with Professional BMX Rider Nigel Sylvester

On New York, being cold and lessons learned from a failed business

Pro BMX rider talks candidly with BlackEnterprise.com on ventures old and new.

By Darren Sands

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A

Halle Berry and Fiance to Pay Gabriel Aubry’s Fees

Olivier is admitting guilt by paying for Aubry's bills.

Did you ever expect a fight to go down between the two?

By Cedric 'BIG CED' Thornton

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$640 million... 

Could fund the entire angel rounds for 577 tech startups. In 2011, the average angel round—which secures capital for a startup, usually from individuals investing their own money—was $1.11 million.

Now Is Perfect Time To Get Finances In Order

With the holidays here, finances shouldn't take a backseat

4 steps toward a better 2013.

By Jennifer Streaks

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(File)

Unemployment Tally in the Billions, Agency Says

Even though the jobs numbers have improved, people still rely on the government to get by

When will the unemployment tide turn?

By Ashley R. Harris

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Zynga to Facebook: We Need Space

The social networking giant and the gaming company put distance between them

Not quite a match made in Heaven, Zynga begins to reconsider.

By Ashley R. Harris

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Businesses Unite to Fight Credit card companies & High Swipe Fees

Report: Credit Card Debt, Late Payments On the Rise

Experts say there's no need to panic even though there's increase

What do the numbers say about the state of the economy?

By Ashley R. Harris

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dr-dre-all-smiles-16x9

Dr. Dre Tops List of Highest Paid Musicians of 2012

It's the headphones, duh.

Check out who else is on the list.

By Makkada B. Selah

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mary-j-blige

Mary J. Blige Defaulted on 2.2 Million Loan, According to Lawsuit

The bank is seeking to recoup the original loan amount plus interest.

Blige’s publicist declined comment on the lawsuit.

By Makkada B. Selah

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gift-of-giving-620x480

3 Holiday Shopping Mistakes to Avoid

Keeping the reason for the season in mind will help curb overspending

In the mood to give this season? Be careful!

By Ashley R. Harris

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Graph

Economy Grew Slightly in the Third Quarter

Revised numbers show continued positive trending

Good news on the economy.

By Ashley R. Harris

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RyanLeslie

Ryan Leslie Ordered to Pay Up On Reward Promise

Singer/songwriter reneged on huge reward if stolen laptop was found

Ryan Leslie plans to file an appeal.

By Ashley R. Harris

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bp-oil

BP Oil Banned From Government Contracts — For Now

The oil giant is facing stiff punishment from the Deepwater Horizon oil spill.

Oil giant BP is being held accountable.

By Ashley R. Harris

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Deficit Downpayment of $1 Trillion Will Help Abate Fiscal Cliff

First step towards resolution with the fiscal cliff

Solution to a long term problem could be found in paying down the deficit.

By Ashley R. Harris

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California’s Economy Showing Signs of Life

Positive news for the one of the states hardest hit by the recession

Could California’s economy be on the rebound?

By Ashley R. Harris

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Lebron-James-Miami-Heat-Jersey

NBA’s No. 1 Selling Jersey Belongs to LeBron James

New look N.Y. Knicks take top merchandise spot

The NBA announced its bi-annual merchandise rankings report.

By Darren Sands

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popeyes chicken

Popeyes Ditches Spinach-Eating Brand Ambassador

Popeyes settles with company with rights to famous cartoon character

Popeyes no longer has to dole out $1 million to King Features Syndicate.

By Darren Sands

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capitol_hill-300x232

Warren Buffet Insists on the Gov’t Taking His (And His Rich Friends’) Money

The Oracle of Omaha says that it's time for the rich to get real

Warren Buffet thinks fellow billionaires are in line for a reality-check.

By Ashley R. Harris

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Briana-Johnson-300x200

Young Entrepreneur Recognized for Outstanding Work as Philanthropist

CU-Boulder freshman works to make a difference, nets a profit

This young entrepreneur is making waves for society.

By Ashley R. Harris

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Michael-Jackson-in-concer-001

Michael Jackson’s Personal Debt Paid In Full

Estate of late superstar pays dividends

The Michael Jackson estate followed through with a promise to settle his considerable debt by…

By Darren Sands

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jesse-jackson-jr-hot-seat-16x9

Jesse Jackson Jr.’s Resignation Could Cost Taxpayers Big Bucks

Jackson resigned from Congress last week amid a federal investigation

To replace the Jesse Jackson Jr.’s recently vacated seat, it may cost taxpayers as much…

By Makkada B. Selah

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mike-tyson-16x9

Mike Tyson Launches Children’s Charity

The organization will help kids from broken homes

Former boxing champion “Iron” Mike Tyson hopes to help children who are at-risk achieve their…

By Makkada B. Selah

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black-woman-shopping

Retailers Count on Aspirational Shoppers to Boost Revenue This Season

Marketers taking a page from Oprah's book in order to lure customers into stores

What does Oprah know that retailers are trying to adopt to boost revenus?

By Ashley R. Harris

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Senior Advisor Valerie Jarrett.

Valerie Jarrett Discusses Entrepreneurship, Small Business Saturday with Black Enterprise

An exclusive Q&A with the Special Advisor to the President

Valerie Jarrett talks about her visit to two small businesses in Chicago on Small Business…

By Darren Sands

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foreclosure-1

How the Housing Crisis Battered America’s Wealthiest Black County

"I am like a tree that is on the verge of being uprooted by water," one homeowner said.

Prince George’s County, Md., has long been the wealthiest majority-black county in the United States.

By Laurence Afums

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(Image: File)

Michigan to Give Money to Early High School Graduates

Will new strategy energize students to perform?

A new approach to rewarding students is in bloom in Michigan.

By Ashley R. Harris

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Philadelphia Flyers' Wayne Simmonds.

NHL Cancels More Games, All-Star Weekend

Weekend would have brought $12 million to central Ohio

As NHL lockout continues, casualties continue to roll.

By Darren Sands

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PaineCollege

What Will be the Fate of Financially Shaky HBCUs?

Many HBCUs are on their last legs, according to many.

Few HBCUs instill in their undergraduate students an ethic around philanthropic giving.

By Laurence Afums

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More retailers opening Thanksgiving Day for their blowout sales

A Reality Check for Black Friday

Shopping until you drop is not worth ruining your financial health—or if it is already poor, making it even worse.

Yes, a healthy amount of holiday spending will be good for our economy, and certainly…

By Alfred Edmond, Jr.

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Women of Power

(File)

REGISTER NOW: Black Enterprise Women of Power Summit’s 10th Anniversary

It will be a landmark year for the Black Enterprise Women of Power Summit in…

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Venus Williams

Watch Sonia Alleyne’s Interview with Venus Williams at This Year’s Women of Power Summit [Video]

Venus Williams was one of the featured speakers at this year’s Women of Power Summit.

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