Featured Series Follow the Money, Market by Market A single $250,000 check in 1973 became the seed capital for a movement that now moves half a billion dollars in a single election cycle. Trace where the equivalent capital has gone for Black business, on every continent, and the ledger runs empty. (Part 2 of 6) By Noah Carmichael • 8 min read
The Pulse Standard Chartered Arranges 538 Million Euro Financing For Angola Luanda Water Expansion Standard Chartered arranged a €538 million financing package for the Republic of Angola to expand Luanda's Quilonga Grande Phase 2 water distribution network. The Black Executive Journal — Daily Edition By BEB Editors • 10 min read
The Pulse US Weekly Jobless Claims Fell To 206,000 In Sign Of Stable Labor Market US Labor Department reports initial jobless claims fell 6,000 to 206,000 for week ended Aug 15, below the 210,000 consensus as layoffs remain low. The Black Executive Journal — Daily Edition By BEB Editors • 12 min read
The Pulse Federal Reserve July Minutes Show Officials Saw Rate Hike Needed If Inflation Fails To Cool FOMC July minutes show many officials saw a rate hike as likely necessary if inflation fails to cool, after a 9-3 vote to hold at 3.50-3.75 percent. The Black Executive Journal — Daily Edition By BEB Editors • 13 min read
The Pulse US Census Bureau Reports July Housing Starts Fell 12.4 Percent To Slowest Single-Family Pace Since 2022 US Census and HUD report July housing starts fell 12.4% to 1.239 million with single-family starts at 808,000, the slowest pace since November 2022. The Black Executive Journal — Daily Edition By BEB Editors • 11 min read
Yesterday's Architects Jacob Wilson Sey: The Palm-Oil Merchant Who Helped Keep the Gold Coast in African Hands From carpenter and palm-wine tapper to merchant prince, Jacob Wilson Sey transformed commercial success into a defense of African land, African authority, and African economic possibility. By BEB Editors • 12 min read
The Pulse Central Bank Of Brazil Reports June Economic Activity Fell 0.6 Percent As Second Quarter Growth Slowed To 0.2 Percent Banco Central do Brasil said IBC-Br fell 0.64% in June and Q2 activity rose only 0.2%, worse than the 0.53% consensus, with Selic held at 14.25%. The Black Executive Journal — Daily Edition By BEB Editors • 14 min read
black business magazine release Announcing Black Executive Journal - The Magazine A new monthly Black and African business magazine covering executives, entrepreneurs, investors, companies, markets, opportunities, and economic power across the global diaspora. By BEB Editors • 2 min read
Featured Stories Family Office Formation in the Diaspora Corridor. What It Takes To Stand Up Capital Vehicles That Move Cleanly Between the US, West Africa, and the Caribbean Diaspora families are already moving billions across the US, West Africa, and the Caribbean; the advantage will belong to those who build real family office architecture that preserves tax efficiency, governance, and deal access in every jurisdiction. By Noah Carmichael • 11 min read
The Pulse US Census Bureau Reports July Retail Sales Fell 0.6 Percent In Unexpected Decline US July retail sales fell 0.6 percent to $763.6 billion per the Census Bureau, with motor vehicles down 1.8 percent and non-store retailers off 2.2 percent. The Black Executive Journal — Daily Edition By BEB Editors • 11 min read
The Pulse Central Bank Of Nigeria Opens Regulatory Sandbox Cohort Two With Virtual Asset Service Provider Track The Central Bank of Nigeria opened Cohort 2 of its Regulatory Sandbox Programme on August 12 with a Virtual Asset Service Provider track for stablecoins. The Black Executive Journal — Daily Edition By BEB Editors • 10 min read
The Pulse Bureau Of Labor Statistics Reports July Consumer Prices Rose 0.1 Percent As Annual Inflation Eased To 3.4 Percent The Bureau of Labor Statistics reports July headline CPI rose 0.1 percent month over month and 3.4 percent year over year, with core CPI up 0.2 percent. The Black Executive Journal — Daily Edition By BEB Editors • 11 min read