A working paper finds automation may have helped Black businesses's access to PPP loans, but AI also isn't a cure-all for lending discrimination.
Latinas still make less than white men. This Latina Equal Pay Day, here's what experts say can be done to address the income gap.
Financial literacy is the key to creating generational wealth. Build a team to help you maximize your financial strategy based on your budget.
Wealthy Americans' incomes surged the last 50 years. NBER researchers think this created a "vicious cycle" of tumbling rates and a yawning wealth gap.
Good capitalists are those who assume certain responsibilities toward society and want to make it better.
"Cribs" initially premiered on MTV in 2000. Over two decades later, viewers don't find displays of extravagant wealth all that entertaining.
Eliminating economic discrimination against POC and women could help add trillions of dollars to the GDP, says JP Julien.
Over the past year, the wealthiest 1% of Americans saw their stock wealth increase by 74%, adding $8 trillion.
"You cannot begin to address the racial wealth gap without addressing the student loan debt crisis," NAACP President Derrick Johnson said.
The bill introduced by Sen. Elizabeth Warren would help close the tax gap by boosting the annual IRS budget from $11.9 billion to $31.5 billion.
In remarks on Monday, Jerome Powell said Black and Hispanic workers were more likely to be laid off than white peers, citing a forthcoming Fed survey.
The Economic Security Project found that stimulus checks are faster and more impactful for lifting Americans out of poverty than any other policy.
A wealth gap and assorted nuances explain how millennials are both advancing and struggling. They're a fragmented generation with many sub-cohorts.
Those worth $15 million to $30 million comprise just 16% of very high net worth millionaires, but hold 32% of the cohort's wealth, per Wealth-X.
Celebrities like Kylie Jenner and Gigi Hadid are young parents. They can afford to take care of their kids and still have freedom as young people.
Raphael Bostic said reparations should be considered and the program in Illinois is "quite interesting ... others should be thinking about it."
White households in total held $103.4 trillion of wealth in the last quarter of 2020, a $9.58 trillion gain from the end of 2019.