You Searched For "black wealth" and got 20 results
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4 mins read
I'm a millionaire, but I'm only leaving my kids a small inheritance. I want them to earn their money like I did.
Payam Zamani arrived in the US with only $75 and is a millionaire. He is leaving his daughters a sm…
Kelly Burch
2 mins read
Millennials have 'phantom wealth' hidden in their homes and 401Ks — but they don't feel rich
Millennials are wealthier than boomers were at this point in their lives. Home prices and retiremen…
Katie Notopoulos
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
1 min read
Bank of America's dealings with Leon Black and Jeffrey Epstein are in the Senate's crosshairs
A Senate committee asked Bank of America whether Black's $158 million payments to Epstein followed …
Geoff Weiss
2 mins read
Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows
Union households hold just over $330,000 in median wealth, but the vast majority of US workers aren…
Juliana Kaplan
4 mins read
A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies
Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individual…
Leo Aquino
3 mins read
Black investors say crypto is still key to building wealth even as digital assets see steep sell-off in 2022
Black investors are twice as likely to say crypto is their best investment option, according to a s…
Jennifer Sor
2 mins read
Black Americans saw crypto as a path to building wealth. Now they're bearing the brunt of its decline.
Black investors are more likely to own cryptocurrency than white ones. It's left them more exposed …
Jacob Zinkula
3 mins read
The homeownership gap between Black and white Americans hasn't been this wide in 100 years
Despite anti-discrimination laws passed in the 1960s, it's "a market failure" says one researcher —…
Jason Lalljee
3 mins read
The economic recovery is booming, but Black women are still getting left behind
In February, fewer Black women were actively looking for work and more were unemployed, even as rec…
Juliana Kaplan,Madison Hoff
2 mins read
Apollo's Leon Black says he is so wealthy he didn't know he'd paid Jeffrey Epstein $158 million
Leon Black is explaining his payments to Jeffrey Epstein in a new interview. They were essentially …
Peter Kafka
2 mins read
A Georgia basic income program is giving Black women $850 a month. They say it helps them pay bills and reduce debt.
The Georgia program provides no-strings-attached cash to low-income Black women. One said she used …
Kenneth Niemeyer
3 mins read
America's tax code advantages white wealth over Black wealth - here's how reforms can make the system to better for everyone
"While only about 60% of the population is white, white Americans hold about 86% of the nation's we…
Paul Constant
3 mins read
Paid family leave is one of the most glaring cuts in Biden's slimmed-down economic agenda, and it could leave women and families of color behind
"It's really critical to making sure that all women can participate in the workforce," Jocelyn Frye…
Madison Hoff,Juliana Kaplan
3 mins read
Amazon faces Black Friday strikes and protests on 'Make Amazon Pay' day
Unions say the Black Friday action is the "largest day of industrial disruption" in Amazon's 30-yea…
Polly Thompson
12 mins read
Black homeowners in Houston say they're still patching up holes in their floors nearly five years after Hurricane Harvey
After hurricane Harvey, paperwork requirements and other rules made many Black homeowners in Housto…
DeArbea Walker
3 mins read
I've worked in the financial services industry for 25 years, and I have 4 investing tips for any woman who wants to build more wealth
The author knows many women who would prefer to speak to another woman about finances and investing…
Debra Ohstrom
5 mins read
How Harlem's 'Queen of Numbers' built a gambling empire and used her wealth to give back to the Black community
Stephanie St. Clair became a local legend for denouncing corrupt police, taking on the mafia, and u…
Yoonji Han
3 mins read
Businesses are desperate to hire, but Black workers' unemployment went up in August: 'It's not that you can't find anybody - you can't find the people you want'
It's "the self-evident discrimination in the labor market revealing itself," Howard University prof…
Juliana Kaplan,Andy Kiersz
4 mins read
Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.
A working paper finds automation may have helped Black businesses's access to PPP loans, but AI als…