About 7.4 million Americans who depend on social security benefits through the Supplemental Security Income (SSI) program will see two payments hit their accounts in May. It’s not extra money, but it is a significant shift to understand. The Social Security Administration’s (SSA) calendar is the reason for the double deposit, with June’s payment arriving early because the first of the month falls on a Sunday. According to USA Today, the first payment is scheduled for Thursday, May 1, and the second will follow on Friday, May 30. Even though two payments will land in the same month, beneficiaries need to know that the second check is an advance for June. Knowing how and why this happens can help millions who rely on social security benefits plan ahead and avoid gaps in their income. Why Two SSI Payments Are Coming In May Every so often, the SSA’s calendar shifts when regular payment dates fall on weekends or holidays. Instead of delaying deposits, the agency sends payments early....

Derek Lewis’ corporate experience gave him the upper hand in becoming a franchisee. Lewis had an extensive career at PepsiCo that spanned 35 years, and he managed multi-billion-dollar operations. He spent the first seven years in various sales roles before rising through the ranks to become Pepsi Bottling Group’s regional sales manager (2001–2004), followed by three separate vice president roles (2001-2008) and two senior vice president positions (2008-2019). He exited the company at the end of 2022 after serving as president of multicultural business at PepsiCo North America for one year. Franchisee Lewis is now occupied as a franchisee of Big Dave’s Cheesesteaks, with 10 traditional locations slated for Central Florida. He is projected to be the largest franchisee in the Southern Region of the United States, according to a news release shared with AFROTECH™. His locations have broken ground at Orlando’s Kia Center and Camping World Stadium, and most recently in Oviedo, FL. Leslie...

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Often, those who rank in seniority get to speak for the broader community. How long does that work though, and how long should it last? It’s a question that comes up whenever someone of a previous generation is asked to speak or is seen as a representative during a current crisis a community is facing. AFROTECH™ previously reported that after Target rolled back its commitments to DEI, the retail store has seen a decline in foot traffic for the past 10 weeks. Target was one of the brands that, in the wake of the murder of George Floyd in 2020, put a lot of time and money towards pushing for racial justice and diversity, equity, and inclusion across the board. After the decline, The New York Post reported that Target CEO Brian Cornell met with Reverend Al Sharpton about its DEI policies, but should Sharpton be the one speaking for us? Sharpton came to prominence during the 1970s with his focus on...

As faith leaders, entrepreneurs, and policymakers navigate the fast-shifting terrain of artificial intelligence, automation, and digital globalization, few figures have leaned into this moment with as much intentionality — or complexity — as Bishop T.D. Jakes. Known to many as a pastor, to others as a media mogul, and increasingly to investors and technologists as an ecosystem builder, Jakes is reasserting his role at the intersection of innovation, equity, and cultural capital. This is where his ongoing initiative, the Good Soil Forum, enters the chat. The conference, which has convened business owners, technologists, creatives, and investors for years, positions itself as a gathering and a long-term infrastructure. It reflects Jakes’ emphasis on sustainability, access to capital, and the kind of practical knowledge often kept behind institutional gates. What has shifted recently, however, is not the mission — but the moment. When Technology Hits Close To Home For Jakes In 2024,...

Entreprenuership is a risk that Monique Rodriguez was willing to take on. Business Risks Rodriguez is the co-founder of haircare brand Mielle Organics, which she launched with the help of her husband, Melvin. She shares on the “Black Tech Green Money” podcast, hosted by AFROTECH™ Brand Manager Will Lucas, that her earliest risk in her entrepreneurship journey was walking away from a stable position as a registered nurse. Melvin also took a leap, leaving his corporate role. Together, they trusted in what they believed was a vision from God and created a blueprint that ultimately led to success. “We didn’t just leave our jobs and say, ‘Oh, we don’t have a plan in place or we don’t have income.’ We had to have a solid plan in place to map out how we were going to get some type of income to still keep our bills afloat and food in our kids’ mouth. So we had to plan that out. But it was a huge risk of the unknown, of both of us turning away from our jobs,” Rodriguez mentioned on the...

John W. Rogers Jr. founded the nation’s first Black-owned mutual fund company and remains committed to expanding opportunities for other minority groups. Rogers comes from a family who upheld civil rights, fairness, and economic justice, he revealed in an interview with the SIU Paul Simon Public Policy Institute. It would be his father who sparked his interest in finance and economics. When Rogers was 12 years old, he received stocks as gifts for Christmas and his birthday. These included $200 worth of shares from companies such as General Motors and Commonwealth Edison, and he was able to pocket the dividends from those investments. “My dad was very insistent,” Rogers explained in the interview. “He wanted me to learn everything there is to know about the market, so he made me read the annual reports of the companies that were sent out every year, the quarterly reports that the companies would send out in those days, and I’d read about those companies.” His father also connected...

Friday, April 4, 2025, marked the second consecutive day major U.S. stock indexes fell sharply, a downtrend that follows President Donald Trump’s recent tariffs announcement and China’s Friday morning declaration to impose a 34% duty on U.S. goods in retaliation. According to NBC News, significant market losses included Tesla , Elon Musk’s electric vehicle company, which fell by approximately 10%; agricultural equipment leader Caterpillar, down about 6%; and top AI chip manufacturer Nvidia, which declined by approximately 7%. The S&P 500 index, which tracks 500 leading U.S. companies, dropped more than 4%, down more than 16% from its peak. The Russell 2000 index, which follows stocks of smaller U.S. companies, plummeted by 5.3%. Global markets also experienced significant sell-offs, with European stocks declining 10% from recent highs and Asian markets facing sharp drops. After the market had closed on Wednesday, April 2, 2025, Trump announced from the White House’s Rose Garden that...

Cost of Doing Business (CODB), the holding company co-founded by Topicals CEO Olamide Olowe and President Sochi Mbadugha, has acquired premium haircare brand Bread Beauty Supply. According to a news release, the acquisition is CODB’s first step in building brands that connect culture, community, and commerce — especially as many companies scale back their diversity, equity, and inclusion (DEI) efforts . “At a time when DEI commitments are being rolled back, it’s critical that Black-owned businesses not only survive — we have to win,” Olowe said. “Maeva Heim, BREAD’s Founder, is one of the most talented creatives in the space and has led BREAD to have a major impact in the hair care industry, and with CODB’s resources and expertise, we’re ensuring that it continues to grow while remaining deeply rooted in its mission and creative ethos.” Photo Credit: Gold Owolabi With Bread now under CODB, the brand is set for growth while preserving its commitment to textured hair care. The...