Market

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News

Trump’s comments on recession and stock market drop trigger economic worry for Black communities

After President Donald Trump refused to rule out a recession and the U.S. stock market saw its steepest decline this year to date, there are growing concerns about the health of the economy and the disproportionate impact an economic downturn would have on Black households. Despite promising to usher America into its “golden age” and that there would be an economic “boom like no other,” Trump appeared to temper expectations as rising costs continue to give American consumers whiplash, and […]

todayMarch 11, 2025 1

Economy

From College Dropout to Real Estate Mogul, Kenneth Bell is Shaking Up Charlotte’s Investment Market

Kenneth Bell, a college dropout, is now a real estate mogul and the Founder and CEO of KB Holdings Construction and Development, a Black-owned residential real estate investment firm in Charlotte, North Carolina. He’s acquired a real estate investment portfolio – a mix of commercial and single and multi-family home properties – estimated at $35 million. And he has $14 million dollars in deals currently in the pipeline.However, Bell’s public-facing success, in many ways, belies the extreme highs and lows […]

todayJune 19, 2024 1