BLACKPRESSUSA NEWSWIRE — For many African American families, the cost of keeping the lights on and homes heated or cooled is not just a monthly bill...
BLACKPRESSUSA NEWSWIRE — Over the weekend, while 401(k)s crumbled and mass layoffs loomed, Trump was the main attraction at two lavish, money-making events
BLACKPRESSUSA NEWSWIRE — Homeownership remains one of the most significant drivers of wealth, yet Black families face disproportionate barriers to achieving this milestone
(Slate) – Having a college degree is supposed to insulate you a bit from the worst effects of a recession. But as a new report highlighted in the New York...
(New York Times) – Many of the nation’s racial disparities stem from the simple economic fact that white families make more money than black families on...
ANNE D’INNOCENZIO, AP Retail Writer NEW YORK (AP) — For Shannon Henderson, getting a cold or flu could be the difference between putting food on...
NANCY BENAC, Associated Press WASHINGTON (AP) — It wasn’t your typical panel discussion: President Barack Obama sat down Tuesday with leading thinkers from the left and...
By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA) – As education, jobs, and the national and global economy go digital, people without broadband (high-speed Internet) access...
By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Being poor can have a bigger impact on your health than your race, according to a...
(The Washington Post) – Lawmakers in several states are urging limits on how welfare recipients use public benefits, suggesting that the poor are buying things like lobster, filet mignon, vacations aboard...
(New York Times) – The protest by tens of thousands of low-wage workers, students and activists in more than 200 American cities on Wednesday is the...
(New York Times) – Suppose you accept the persuasive data that inequality has been rising in the United States and most advanced nations in recent decades....
(Black Enterprise) – Brookings Institution recently revealed a new report comparing cities’ top earning households to their least earning. The report serves as an update to 2014 research exploring...
By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Predatory lenders continue to target poor, Black and Latino communities, siphoning off $103 billion in...
DANICA KIRKA, Associated Press LONDON (AP) — The richest 1 percent of the population will own more than half the world’s wealth by 2016, Oxfam International...
By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – The Black-White income gap narrowed in 2013 with Black men who worked full-time, year-round experiencing...
BANGALORE, India (New York Times) — When General Electric engineers here wanted to develop a more affordable baby warmer for India’s small, private hospitals, they initially...
(Politico) – Senate Republicans rejected a measure written by Senate Democrats aimed at bridging differences in pay between men and women. The Paycheck Fairness Act fell...
MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — The richest 10 percent of Americans were the only group whose median incomes rose in the past three...
ELAINE KURTENBACH, AP Business Writer TOKYO (AP) — Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening...
[New York Times] The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of...
CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — A sense of belonging to the middle class occupies a cherished place in America. It conjures images...
By James Wright Special to the NNPA from The Washington Informer WASHINGTON – The economic status of African-Americans and the “crisis-level” income gap between the rich...
[Bloomberg] Even as he calls income inequality the “defining challenge of our time,” President Barack Obama is pursuing new trade agreements that some of his political allies say will only...