National News, News

WASHINGTON (AP) — The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate that’s intensified as middle-class pay has stagnated while wealthier […]

National News, News

WASHINGTON (AP) — Americans’ wealth reached an all-time this summer, buoyed by record-setting stock prices and a healthy recovery in home values. The Federal Reserve says to U.S. net worth, a measure of household wealth, rose 2.6 percent to $77.3 trillion in the July-September quarter. Net worth reflects the value of homes, stocks, bank accounts […]

If You Missed It

Roland Martin speaks with Chief Economist with the AFL-CIO about the wage strike and economic inequality.

The ever-widening wealth gap between African Americans and whites just got wider. According to a new study by the Urban Institute’s Opportunity and Ownership Project, white families averaged six times the wealth of black and Hispanic households ($632,000 versus $98,000 and $110,000, respectively) The income gap, by comparison, is much smaller, according to the study. […]