The Contract Buyers League thought they stamped out predatory contracts for deeds, but thanks to private equity firms, these practices targeting low-income communities of color have resurfaced.
Even over 150 years after slavery, black families still lag centuries behind whites in household wealth.
Imploring people to simply work harder ignores the fact that most jobs don’t pay enough to get ahead.
A new study shows the legacy of racism far outweighs individual financial decisions in driving the growing gap between black and white families.
100 CEOs have as much saved for retirement as 11 million black families, reflecting a broader problem of institutionalized racism in the U.S.
If Obama’s health law is reversed, taxes will go down for the rich and up for the poor, while millions lose coverage.
If we want to narrow the divide, we’ll need to make a full-throttle effort to reverse existing upside-down tax incentives.
It’s simply not true that race plays less of a role in economic inequality than it did in previous generations, Josh Hoxie tells the Real News Network.
New report suggest without public policy reform, the wealth divide between white, black and Latino families will continue growing.
If the current trend continues, it will take black families 228 years to catch up to the current wealth of the average white family.
Without Change, African-American and Latino Families Won’t Match White Wealth for Centuries
For the first time, Democrats are acknowledging America’s deep racial wealth gap — Here’s how we can start to close it.
Eight bold solutions, rooted in social movements, that can break through our broken political system.
The Facebook founder saw his wealth ranking jump while others sink. At his age, he appears to be the most likely candidate for the world’s first trillionaire.