When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.
by Nailah HerbertAugust is National Black Business Month, and the celebration and notoriety of the month have increased over the past few years. However, despite the increased buzz, the COVID-19 pandemic has made living conditions increasingly difficult for everyone, especially those who own Black-businesses.
by Nailah HerbertThe Brookings Institution conducted an economic study to measure the impact of inequality since 1990. The study found that the U.S. missed out on $22.9 trillion in economic growth since 1990 due to inequality.
by Viviana VazquezThe Biden Administration recently let the federal COVID assistance programs expire, leaving seven (7) million Americans without a source of income. Here’s what happened and how it has affected the people involved.
by Viviana VazquezThe practice of group economics is becoming more popular, especially since it is becoming a more recognized way to build wealth with your family or friends.
by Nailah HerbertApple employees set up a Slack channel to discuss pay equity, but the company banned the channel resulting in more controversy and tension between the company and workers.
by Nailah HerbertRedlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods. The term comes from the National Housing Act of 1968 as part of the federal government's New Deal.
by Sheena AllenPresident Joe Biden announced that unemployed Americans would no longer be eligible for unemployment benefits if they turn down a suitable job. Many believe President Biden's announcement is in response to many employers complaining of hiring struggles.
by CapWay“We must face the system head-on, and make strides to change it so that we can close the economic inequality gap and defeat capitalism.”
by Nailah Herbert