Slate is covering the election issues that matter to you. Support our work with a Slate Plus membership. You’ll also get a suite of great benefits. Join Slate PlusJoin Sen. Cory Booker was concerned and relentless. It was Wednesday, the… Continue Reading
Olvera Street is a Los Angeles icon—a thriving Mexican market filled with colorful souvenirs, restaurants and remnants of the oldest buildings in Los Angeles. But though the bright tourist destination teems with visitors, few realize it was once the site… Continue Reading
Matthew Frankel, CFP Updated: Oct. 5, 2020, 11:07 a.m. If you are ready to start investing in the stock market, but aren’t sure of the first steps to take when investing in stocks, you’ve come to the right place. It… Continue Reading
Remember playing Legos as a kid? You could quickly take a random pile of blocks and build something solid. The steps to building wealth are not so different, as the process involves a series of small decisions that move us… Continue Reading
October 13, 202012:42 PM ET Supreme Court nominee Judge Amy Coney Barrett responds to a question on the second day of her Supreme Court confirmation hearing Tuesday in Washington, D.C. Shawn Thew/Pool/Getty Images Democratic Sen. Dick Durbin of Illinois asked… Continue Reading
Long-standing wealth gap between Black and white Americans remains substantial, Fed data for 2019 show – MarketWatch The wealth gap between whites and Blacks in the United States stayed stubbornly wide over the three years that ended in 2019, according… Continue Reading
Fifty years after the end of the Civil War, the nation’s 9.8 million African Americans held a tenuous place in society. Ninety percent of African Americans lived in the South, most trapped in low-wage occupations, their daily lives shaped by… Continue Reading
African Americans have at various times in United States history been referred to as African, colored, Negro, Afro-American, and black, as well as African American. Exactly what portion of the African American population is of solely African ancestry is not… Continue Reading
When the pandemic hit this spring, we were all caught off-guard—emotionally, physically, and financially. Before the pandemic, Black families made some strides in building multigenerational wealth. Between 2016 and 2019, Black households grew their wealth by 33%—compared to the 3% growth… Continue Reading
The findings underscore how different racial groups entered the coronavirus pandemic on uneven footing. The average Black family had less than 15 percent of the wealth of white families in 2019, a trend that barely budged despite economic gains among… Continue Reading
