Racial Wealth Gap Could Close with Systemic Public Policy Reforms, says New Research By Charlene Crowell (NNPA Newswire Columnist) As 2017’s Black History observances unfold in communities across the country, new research on racial wealth gaps refutes the age-old advice for people of color to Read More
Patricia Cohen, THE NEW YORK TIMES (The New York Times) — Even with tuition shooting up, the payoff from a college degree remains strong, lifting lifelong earnings and protecting many graduates like a Teflon coating against the worst effects of economic downturns. But a new Read More
Kriston Capps, CITY LAB CHICAGO (The Atlantic’s City Lab) — The best time to steal someone’s home is at Christmas. That’s when folks find their budgets stretched the tightest by the gift-giving season. People put off their bills to focus on family. The Read More
By Benjamin F. Chavis, Jr. NNPA Columnist One of leading freedom fighters in the United States Congress is none other than the extraordinarily dynamic Maxine Waters (D-Calif.). Congresswoman Waters does not bite her tongue. Not only has she gained the top Democratic seniority position Read More
By James Clingman NNPA Columnist During the 50-year period from 1963 (“I have a dream!”) to 2013, Black people have been on a virtual economic treadmill. Our relative economic position has not changed; our unemployment rate has consistently been twice as high as Read More
By Lauren Victoria Burke NNPA Columnist “Like the rest of America, Black America, in the aggregate, is better off now than it was when I came into office,” said President Obama on December 19, in response to a question by Urban Radio Networks White Read More
Michael A. Fletcher, THE WASHINGTON POST (The Washington Post)—The Great Recession was hard on almost everyone, eroding the net worth of the typical American by nearly 40 percent between 2007 and 2010. But the recovery has been more selective, according to a new analysis Read More
By Charlene Crowell NNPA Columnist Although most Sunday school children are warned against the “love of money,” by adulthood it is the lack of it that becomes the source of many problems. When finances are so fragile that even a small shortfall presents a big Read More
[NNPA] By Freddie Allen NNPA Washington Correspondent ASHVILLLE, N.C. (NNPA) – Before the end of the Great Recession, researchers at United for a Fair Economy, a group that advocates for economic justice, estimated that it would take 594 years to close the wealth gap between Read More
By Charlene Crowell NNPA Columnist According to a new research report, America’s racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth. Less than Equal: Racial Disparities in Wealth Accumulation, from the Urban Institute’s Opportunity and Ownership Read More
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