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Forget stocks. Sneaker futures are making Wall Street look like a swap meet. High-end kicks are becoming the currency of choice in New York, and one 16-year-old is taking advantage of the trend — using his own five-figure stock of 45 mint-condition basketball shoes to open the world’s first sneaker pawn shop. “Young kids don’t […]

Business
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Business

Though the national unemployment rate dropped a tiny bit in August, from 7.4 to 7.3 percent, the rate for African-Americans jumped up from 12.6 percent to 13.3 percent, according to figures released by the U.S. Labor Department. Overall, the economy added 169,000 jobs in August, which was lower than the 178,000 jobs that ADP estimated in its monthly […]

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Business

It appears that Hov has indeed used his fortune for good by giving away over a $1 million in college scholarships for students since starting his foundation and has assisted students in studying abroad. Website Diverse Education writes that 21-year-old behavioral neuroscience major Laquisha Springer says that her time at Connecticut College has been bolstered by spending a semester earlier this year at the Danish […]

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Business

The number of young adults in America who have full-time employment is currently at its lowest in four years, even for those workers who have a college degree, according to a recent Gallup survey. Less than half, about 44 percent, of adults aged 18 to 29 held a full-time job as of June 2013. That […]

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