POLICY & JUSTICE — As of August 9, 2026, more than 300,000 Haitians who previously relied on Temporary Protected Status face the loss of TPS-related work authorization and potential immigration enforcement. The Haiti TPS designation terminated on July 27, 2026, ending a legal status that had protected workers and families from deportation despite ongoing violence and political instability in Haiti. A lawsuit raising constitutional questions about the termination is still working its way through the courts, and it's possible the situation could shift again. The termination removes protections for people living and working lawfully across the United States.
CONSUMER FINANCE — Three Texas homeowners filed a federal racketeering lawsuit alleging the Texas Windstorm Insurance Association partnered with a vendor who materially lowered estimates made by field adjusters and then presented altered reports as originals, while TWIA accepted, approved and used the reduced estimates to calculate benefits. For one policyholder, the original field adjuster estimate was $91,000, but the altered estimate came out to $31,000, a reduction of 66 percent. The lawsuit alleges the process was part of a systematic scheme that could have affected tens of thousands of Hurricane Beryl policyholders, though those allegations have not been proven in court and a federal judge has not certified the lawsuit as a class action.
ECONOMY & WORK — Nearly half (47%) of sports-spending consumers have taken on debt for fandom, rising to 62% among young adults, even as Black fans compromise their economic security by supporting professional sports leagues through personal savings and credit, financing leagues that provide no financial return. Fans aged 25 to 34 spend $2,627 per year on sports. U.S. adults spend an average of $1,970 annually on tickets, merchandise, streaming, and gambling, with spending rising to $2,224 for men.
| S&P 500 | 7,718.6 -0.4% | |
| Dow Jones | 53,414.25 -0.5% | |
| 30-Yr Mortgage | 6.71% | FRED / Freddie Mac |
| CPI (YoY) | 3.3% | BLS via FRED |
| Bitcoin | $79,520 -0.5% | CoinGecko |
| Ethereum | $2,496 -0.1% | CoinGecko |
| UONE | $4.73 | -3.0% |
| RLJ | $10.93 | +0.4% |
| CARV | $1.80 | -2.7% |
Owner Chanelle Harris, a Wisconsin native with a master's degree from London, launched Nello Vintage in 2024 after building an Instagram following of thrifted pieces. The bright orange wall inside pays tribute to her mother's kitchen where she first photographed finds. The shop specializes in jewel-toned dresses from the '60s and funky patterned shirts from the '90s, celebrating Black style and preserving cultural moments.
Visit Business →BackBlack offers grants up to $20,000 for Black-led nonprofits launching or continuing fundraising campaigns. Applicants must be verified in the BackBlack Directory (takes 2-3 business days) and submit an application. This timely opportunity supports mission-driven organizations building community power and economic equity.
Apply →