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White Americans have 22 times more wealth than blacks -- a gap that nearly doubled during the Great Recession. The median household net worth for whites was $110,729 in 2010, versus $4,995 for ...
The median wealth of middle-income blacks fell to $33,600 in 2013, down 47% from 2007. Likewise, the median wealth of middle-income Hispanics dropped to $38,900 in 2013, a loss of 55% since 2007.
NEW YORK – A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new ...
Study 2 hand-coded more than 750 mainstream media publications that report on racial, gender, and wealth inequality published by eight trusted news media outlets between 2014 and 2018 to determine ...
Despite the growing number of fintechs democratizing access to investing and wealth building, there are glaring wealth disparities in the U.S. with women and Black, Indigenous and people of color.
We’ve routinely looked at systemic, cultural and macroeconomic trends that contribute to income and, in turn, wealth inequality by race. We’ve found local trends and nuance to hard truths: Race ...
The top 0.01%, a club with some 520,000 members worldwide, saw their share of global wealth increase to 11% from about 10%. The world’s remaining billionaires saw their share grow to 3.5% of all ...
A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the COVID-19 pandemic, new data show.
NEW YORK (AP) — A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic ...