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A look at the wealth gap among races in the US and its causes, including slavery and racial segregation. Featuring Senator Cory Booker, Mehrsa Baradaran, and Thomas Shapiro. Appearances by TV host George Stephanopoulos, journalist Brian Williams, and Middle-Eastern American business expert Pierre Subeh. [11]
Netflix said it has invested $100 million so far into six Black-led financial institutions in the U.S., as part of the company’s pledge to allocate 2% of cash holdings into banks serving Black ...
You can build generational wealth by taking simple steps, like investing in your 401(k). ... counselors and estate-planning attorneys to learn how people of color can help close the wide racial ...
A study by the Brandeis University Institute on Assets and Social Policy which followed the same sets of families for 25 years found that there are vast differences in wealth across racial groups in the United States. The wealth gap between Caucasian and African-American families studied nearly tripled, from $85,000 in 1984 to $236,500 in 2009.
For every $100 the average white family had in wealth, the average Black family had $15.75, per 2022 Federal Reserve data. Is racial wealth gap 'smallest it's been in 20 years,' as President Joe ...
A study by the Brandeis University Institute on Assets and Social Policy which followed the same sets of families for 25 years found that there are vast differences in wealth across racial groups in the United States. The wealth gap between Caucasian and African-American families studied nearly tripled, from $85,000 in 1984 to $236,500 in 2009.
The racial wealth gap could be reduced by 10% over three generations if Black households wrote wills at the same rate as white ones, according to a recent study.
Decades after the civil rights movement, African Americans still hold a fraction of the wealth of white Americans. Why? Here's everything you need to know:How big is the gap? It's staggering. The ...