The $1 billion Mega Millions jackpot has a winner

MARK RALSTON | AFP | Getty Images

Someone in Michigan is kicking off their weekend a whole lot richer.

A single ticket sold in the Wolverine State hit all six numbers drawn Friday night to land the $1 billion Mega Millions jackpot. The prize had been climbing for 37 weeks with no winners through twice-weekly drawings. It now has reset to $20 million.

If you’re holding that valuable slip of paper, be aware that your life is about to change dramatically, experts say. And while you might be eager to claim your winnings, you don’t need to rush to headquarters

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Stocks are set to retreat from records to end the week, Dow futures drop 250 points

Stock futures fell early Friday morning with the S&P 500 and Nasdaq Composite set to retreat from records, as investors reassessed the outlook for President Joe Biden’s ambitious Covid stimulus plan.

Dow Jones Industrial average futures dropped 250 points, or 0.8%, while S&P 500 futures fell 0.8%. Nasdaq 100 futures lost 0.6%. The Nasdaq Composite and S&P 500 each reached record closing highs on Thursday. The Dow set a record earlier in the week.

Shares of IBM fell more than 7% in premarket trading after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% on an

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Family-Owned Virginia Company Wants To Increase Black Wealth Locally

Closing the racial wealth gap has been a goal for numerous organizations around the country in response to decades of oppressive laws and procedures committed by big banks. For one family based in Norfolk, Virginia, they created a business with the hopes to empower their community by providing resources to help them succeed financially.

Kenneth Royster is the president and CEO of First Genesis of Virginia, a finance company aimed to help others like him in his community. He became inspired to start his company first being exposed to other Black professionals within the finance industry and wanted

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Foxconn, Apple EV interest points to different future for automakers

Foxconn, Apple EV interest points to different future for automakers

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Goldman Sachs (GS) Q4 2020 earnings crushes estimates

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

Goldman Sachs on Tuesday beat analysts’ expectations for fourth-quarter profit and revenue on strong performance from the firm’s equities traders and investment bankers.

The bank posted earnings of $12.08 a share, crushing the $7.47 estimate of analysts surveyed by Refinitiv. Revenue of $11.74 billion exceeded expectations by about $1.75 billion.

Shares of the New York-based bank jumped 2% in premarket

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The Brothas of Harlem Capital Receive $10 Million Investment From Apple

 

Apple announced Wednesday that it will invest $10 million with Harlem Capital as part of their racial equity and justice pledge.

“The unfinished work of racial justice and equality call us all to account,” Apple CEO Tom Cook shared on Twitter. “Things must change, and Apple’s committed to being a force for that change.”

The investment is part of Apple’s $100 million racial equality and justice initiative announced last June. The program will be led by Apple VP Lisa Jackson.

“The initiative will challenge the systemic barriers to opportunity and dignity that exists for communities of color and particularly

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