You Searched For "racial gap" and got 20 results
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2 mins read
Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.
Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popu…
Juliana Kaplan
1 min read
These 15 charts show the inequalities Black Americans still face
The COVID-19 pandemic has amplified many of those inequities. The unemployment rate for both Black …
Madison Hoff
2 mins read
DC adds to the growing number of major cities calling on Biden to cancel student debt
Washington, DC joined Philadelphia, Cambridge, and Boston in passing a resolution calling on the go…
Ayelet Sheffey
2 mins read
Google will pay $2.6 million to workers over claims its hiring and pay practices were biased against women and Asians
Google reached a deal with the Department of Labor over claims of racial and gender discrimination …
Tyler Sonnemaker
3 mins read
September 21 is Black Women's Equal Pay Day. It shows how far America has to go to close the gender and racial wage gap.
It would take Black women working from the start of 2021 through today to earn as much as non-Hispa…
Madison Hoff
4 mins read
Black Americans' rocky relationship with banks can be traced back to an institution that promised wealth but collapsed after just 9 years
Frederick Douglass said the collapse of the Freedman's Bank "was equivalent to adding another 10 ye…
Angie Chatman
4 mins read
'More hopeful than ever:' Biden's lead on racial equity is a promising signal for reparations, experts say
The White House confirmed last month that President Joe Biden continued to back a study of reparati…
Bre'Anna Grant
2 mins read
WATCH: Experts discuss race, wealth-building, and closing the racial wealth gap once and for all
Join Business Insider reporter Taylor Nicole Rogers and expert guests for a live conversation on cl…
Business Insider
1 min read
A high-profile engineer at Mailchimp accused the company of 'sexism and bullying' in resignation announcement
Kelly Ellis, who has frequently spoken publicly about gender and racial discrimination, said she qu…
Tyler Sonnemaker
3 mins read
As one of only 2 Black women CEOs in the Fortune 500, I'm often asked about how to close the US's racial wealth gap. The key is helping people save for retirement.
Thasunda Brown Duckett, CEO of TIAA, draws from the teachings of Dr. Martin Luther King Jr. on how …
Thasunda Brown Duckett
4 mins read
My company just released employee-pay data, and the salary gap between men and women shows we have a lot of work ahead of us
In 2018, Black women in the US made 66% of the average earnings of white men. It's every employee's…
Shana Lebowitz
3 mins read
Stocks have been a better investment than real estate since the 1950s — and it's one big reason for the racial wealth gap
White Americans put more of their wealth in the stock market. It's appreciated five times more than…
Jason Lalljee,Madison Hoff
2 mins read
A Mastercard SVP shares how the company's recent $500 million commitment is helping to close the racial wealth gap in the US
Marla Blow, senior vice president of social impact for Mastercard, said Black Americans have been l…
Marguerite Ward
3 mins read
These 2 charts show how the racial wealth gap has gotten even wider over the years
White households in total held $103.4 trillion of wealth in the last quarter of 2020, a $9.58 trill…
Juliana Kaplan,Madison Hoff
5 mins read
6 ways Black Americans can start building wealth today
While the data behind the racial wealth gap is staggering, there are steps Black Americans can take…
Kristi Martin Rodriguez
1 min read
Companies like Bank of America are facing demands that they pay reparations for their role in perpetuating the racial wealth gap
Some critics argue companies that actively discriminated against Black people or otherwise perpetua…
Allana Akhtar
4 mins read
I'm an attorney and have $50,000 in my retirement account. My white attorney friend has $1 million in hers — and it's not because she went to a better school.
Over the course of her lifetime, being shut out of high-paying jobs offered to her white peers has …
Lynette S. Hoag
5 mins read
The 3 most important lessons my parents taught me about money as an African American woman
Her parents taught her how to ensure her own survival over the long term, since no one else is goin…
Angie Chatman
1 min read
12 charts that show how Black Americans face alarming economic inequality — and suggest it could worsen due to the coronavirus pandemic
Black Americans have borne the brunt of the economic fallout of the pandemic, losing jobs at a fast…
Joseph Zeballos-Roig
4 mins read
Florida Republicans want to limit diversity training at work. That movement just hit a legal roadblock.
Republican lawmakers put employers in the Sunshine State on notice about diversity training. But a …