Markets

12 charts that show how Black Americans face alarming economic inequality — and suggest it could worsen due to the coronavirus pandemic

The recent wave of Black Lives Matter protests against police brutality are also serving to highlight gaping economic inequality between white and Black Americans. These gaps have served to stagnate the financial wellbeing of Black people for generations, experts say. “Racism generates exclusion, discrimination, oppression, exploitation in a number of […]
12 charts that show how Black Americans face alarming economic inequality — and suggest it could worsen due to the coronavirus pandemic
Markets

Black homes in Minneapolis are worth around $33,000 less than white ones. Here’s how one expert says racism devalues black neighbourhoods across the country.

Economic inequality has been thrust into the forefront over the past week. Black Americans lag behind whites on many indicators, particularly on homeownership. A report from the Brookings Institute released last year found that each black home was undervalued by $US48,000 on average. One expert called it “a major extractor […]
Black homes in Minneapolis are worth around $33,000 less than white ones. Here’s how one expert says racism devalues black neighbourhoods across the country.