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  • ICYMI: U.S. Government Ask Federal Judge to Keep Two Jeffrey Wire Recipients a Secret, 15 Things to Know About Rising Cleveland Mayor Justin Bibb, Black American Unemployment Spikes to Highest Since 2021, and More!

ICYMI: U.S. Government Ask Federal Judge to Keep Two Jeffrey Wire Recipients a Secret, 15 Things to Know About Rising Cleveland Mayor Justin Bibb, Black American Unemployment Spikes to Highest Since 2021, and More!

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15 Things to Know About Rising Cleveland Mayor Justin Bibb

When Justin Bibb took the oath of office at his childhood library in January 2022, the symbolism was unmistakable. Standing where he once escaped poverty through books and early internet access, Cleveland’s new mayor embodied both the city’s struggles and its potential for transformation.

U.S. Government and Top SDNY Prosecutor Jay Clayton Ask Federal Judge to Keep Two Jeffrey Epstein Wire Recipients a Secret

The Department of Justice has asked a federal judge to keep secret the identities of two Jeffrey Epstein associates who received $350,000 in wire transfers from the deceased sex trafficker in 2018, just days after renewed media scrutiny of his plea deal arrangement.

How 433 Investors Unlocked 400X Return Potential

Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.

Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.

Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.

The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Damon Dash Files for Bankruptcy with Over $25 Million in Debts

Damon Dash, the 54-year-old entrepreneur best known for co-founding Roc-A-Fella Records alongside Jay-Z and Kareem “Biggs” Burke, has filed for Chapter 7 bankruptcy in Florida, citing more than $25.3 million in liabilities and virtually no income or significant assets.

Black American Unemployment Rate Hits Highest Level Since 2021 as Jobs Data Pattern Points to Recession

The U.S. economy added just 22,000 jobs in August while unemployment rose to 4.3%, marking a dramatic slowdown that has disproportionately impacted Black workers. Black unemployment surged to 7.5%—its highest level since October 2021—serving as what economists describe as a “canary in the coal mine” for broader economic troubles ahead.

If You Love The Moguldom Newsletter, You Will Love SCIENCE vs Spook: BPSC: 50 Lessons in Black American Politics

Do you love and appreciate the Moguldom Nation newsletter? Then you’re going to love SCIENCE vs SPOOK, written specifically for Black Americans who want deeper understanding of Black American politics, within a new framework: SCIENCE vs SPOOK. The author audits the 1995-2025 measurement period and provides a fresh perspective on what’s not working and what can work with a new scientific orientation towards Black American politics.

Now Out on Amazon!

Joseph McNeil, Greensboro Civil Rights Pioneer Who Sparked Sit-In Movement, Passes Away at 83

Joseph McNeil, one of the four college freshmen whose bold decision to sit at a segregated lunch counter in Greensboro, North Carolina, ignited a nationwide movement that fundamentally changed the trajectory of the civil rights struggle, died Thursday at a hospice in Port Jefferson, New York. He was 83.

Kawhi Leonard Accused of Receiving $48M in ‘No-Show Job’ From Clippers Owner Steve Ballmer in Salary Cap Scheme

The NBA has launched an investigation into the Los Angeles Clippers following allegations that owner Steve Ballmer orchestrated a complex scheme to pay star forward Kawhi Leonard $48 million through a now-bankrupt environmental company, potentially circumventing league salary cap rules.

DOJ Insider Caught on Video: Names of Republican Pedophile Suspects Connected to Jeffrey Epstein Will Be Redacted and Kept Secret, Democrats Exposed

A Department of Justice official was secretly recorded by an undercover journalist making unsubstantiated claims about how the Trump administration would handle the release of Jeffrey Epstein files, sparking new controversy over the long-awaited document disclosure.

Remembering When Dr. Khallid Muhammad Said Africans Must Pay Reparations To Black Americans

Not far from what was once West Africa’s main slave port in Benin’s city of Ouidah, stands a statue of Francisco Félix de Souza, regarded as the father of the city. His legacy, however, is complicated. After arriving from Brazil in the late 1700s, he became one of the biggest slave merchants in the transatlantic slave trade, selling Black Africans.

North Carolina A&T Launches Artificial Intelligence Degree, Graduates The Most Black American Engineers

North Carolina Agricultural and Technical State University (N.C. A&T), America’s largest historically Black college and university (HBCU), is redefining the landscape of Black excellence in STEM. Known for graduating the most Black engineers in the nation, N.C. A&T is also launching a bachelor’s degree in artificial intelligence (AI).

Find Out Why Traegger Pellet Grills Are So Hot!