From beauty sellouts to executive shakeups and major media moves, here’s what’s shaping the latest headlines in business this week.

Welcome to Black Wealth Watch, where we round up the biggest stories in Black business and economic news each week — the wins, the setbacks, the deals getting done, and the conversations we should be having about money, power, and who actually gets a seat at the table.

Chile, this week was not playing, so don’t judge me for getting this to you on Saturday, instead of Friday. Cardi B had people refreshing pages at 9am like it was Beyoncé tickets, and before most of us (yes, me too) got our hands on her products, they were sold out. Pat McGrath Labs finally had an exit from bankruptcy, but she had to give up her CEO seat to make it happen. Aliyah Boston signed the richest contract in WNBA history. The Obamas are going independent, which, good for them. Oh, and if the tariffs hit your business, you can finally file for that refund. Ready for some more?

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