Financial Reserves and the Racial Wealth Gap
Black and Latino households have less to fall back on when the times get tough.
Black and Latino households have less to fall back on when the times get tough.
USPS is a vital source of decent jobs for Black workers. It could also narrow the racial wealth divide by expanding financial services.
This Black History Month, hard data reveal how the pandemic has widened racial divides.
A leading Black worker advocate calls on policymakers to understand that what benefits Black workers, benefits us all.
By working towards creating 'land without landlords,' this East Bay cooperative is helping communities build pathways to collective property ownership and community wealth.
While the backpedaling is now in full swing, big financial firms have long supported a virulently anti-democratic strain in American politics that always takes aim at people of color.
Dr. King called moderation the 'great stumbling block in the stride toward freedom.' Biden should heed that warning today.
The Maryland-based initiative targets people who have historically helped to build the wealth of this society but had no real participation in that wealth.
Lifting these financial burdens would help individual debt holders meet daily needs, reduce the racial wealth gap, and give a boost to the national economy.