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Black Wealth: Richest 100 Americans Worth As Much As Total African American...
(Image: File) The wealthiest 100 households on the Forbes 400 list of wealthiest Americans own about as much wealth as the entire U.S. African-American population. That’s the finding of a study by the...
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Nearly Half of American Renters Are Struggling to Pay Their Rent
According to a new study by the Harvard Joint Center for Housing Studies, a record number of Americans are renting homes and are struggling to pay their rent. In 2014, the number of renters spending...
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[Watch] GOP Candidate Ben Carson Talks Interest Rates and Income Gap
(Image: File) Federal Reserve Chair Janet Yellen and her fellow policymakers at the Central Bank meet Tuesday and Wednesday, to decide the next direction for interest rates. Some are beginning to...
View ArticleYWCA USA CEO Shares Most Important Money Lessons
“I really like a quote and lesson that is often used by Suze Orman: ‘People first, then money, then things,’ says Dr. Dara Richardson-Heron, CEO of the YWCA USA. [Related: [Study] Women Are Feeling...
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The 10 Reasons You Aren’t Rich
As the nation turns its attention to financial wellness as we do each April for Financial Literacy Month, I can tell you from personal experience and my work and reporting in behavioral finance, that...
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Top 100 CEOs Have as Much in Retirement Assets as 41% of American Families
We’ve all discussed income inequality, the wage gap in the United States and how the scales seemed to be tipped in favor of the “1%,” but a report by the Center for Effective Government and the...
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What My Mother Taught Me About Gender and Money
I was recently reminded of a conversation I had with a few days ago. I was with an amazing group of about eight women, including news legend Carol Jenkins, host of CUNY TV’s Black America. The...
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America’s Shrinking Middle Class
I was recently watching a documentary about San Francisco. One of the people profiled was a 60-year-old unemployed male, who had been out of work since The Recession. This gentleman, who once made a...
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People of Color Will Be Majority Working Class by 2032
(Image: Economic Policy Institute) As policymakers in the United States struggle to remedy socioeconomic factors like income inequality and the wealth gap, some evolutionary trends are taking place...
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These Income Inequality Racial Statistics Will Enrage You
Job monitoring site Comparably has a mission to make salary and other compensation data completely transparent. The site collects thousands of salary records and segments the data by gender, location,...
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