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Monthly Archives: February 2023

Startup taking on Nike, Adidas by helping Black communities

Lanny Smith wants someone to challenge sportswear giants like Nike, Adidas and Reebok — so much that he’s trying to do it himself. Smith, 38, is the founder and CEO of Actively Black, the sportswear company he launched in 2020 in the wake of George Floyd’s death. At the time, …

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Cars leased in 2020 are worth an average $4,000 more than expected

Newsday Llc | Newsday | Getty Images 3.3 million cars were leased in 2020 An estimated 3.3 million leases were originated in 2020, according to Edmunds. That’s 18% lower than in 2019, before the pandemic upended auto sales. And with few discounts being offered by manufacturers on new cars — …

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As new data shows inflation rose in January, what consumers can expect

Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images A new U.S. government reading showing persistent high inflation rattled Wall Street on Friday. Consumers can expect the rate of price growth will likely stay higher than …

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How to watch all 10 Oscar best picture nominees

The 95th Academy Awards are two weeks away and the race for best picture is still wide open. For the second year in a row, there are 10 films nominated for Hollywood’s biggest prize, with potential winners ranging from A24’s “Everything Everywhere All at Once” to James Cameron’s “Avatar: The …

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Space Force rocket launch acquisitions takes ‘mutual fund approach’

The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches from companies next year, and Space Force leadership says they’re taking a new “mutual fund approach” to the acquisition strategy. “As …

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U.S. cities most vulnerable to climate change, according to Moody’s

People look at the Golden Gate Bridge at a vista point during a rainfall on January 15, 2023 in Sausalito, California. Liu Guanguan | China News Service | Getty Images Climate change poses a significant threat to the economies of U.S. cities, with metro areas like San Francisco, New York …

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Here’s how to buy Treasury bills as some yields reach 5%

With some Treasury bills now offering 5%, the assets have become more appealing to investors. But there are a few things to know about the purchase process, experts say. Backed by the U.S. government, Treasury bills, or T-bills, are nearly risk-free, with terms of four weeks to 52 weeks. You …

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Why you should be skeptical

Last year, a bipartisan bill seeking to ban members of Congress from trading stocks while in office fell short of a floor vote in the House. Lawmakers have since renewed efforts to restrict congressional stock trading on the grounds that legislators have access to information unavailable to the public. In …

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Blake Martinez quit the NFL to sell Pokémon cards, brings in millions

Before he left football to sell Pokémon cards, ex-NFL linebacker Blake Martinez made millions tackling people. Over the course of his six-year professional career, Martinez amassed more than $28 million in earnings, even co-leading the league in tackles in 2017. Then, in 2021, he tore his ACL and was released …

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Supreme Court to hear these cases on Biden’s student loan forgiveness

The U.S. Supreme Court in Washington, D.C. Kent Nishimura | Los Angeles Times | Getty Images Here’s what 6 GOP-led states allege in their suit On Sept. 29, 2022, six Republican-led states — Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina — filed a lawsuit against the president’s plan, arguing that Biden …

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