WASHINGTON (AP) — In cities across America, the middle class is hollowing out. A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research Center. In nearly one-quarter of metro areas, middle-class […]
No one seems to be able to upstage Donald Trump on live national television during the 2016 presidential campaign. But that all changed Monday night.
Tom: The topic this morning is inequality in credit scores. Tell us about it. Mellody: Well, Tom, it turns out that pay is not the only place we find disparities between men and women when it comes to financial health. Beyond the numbers on your paycheck, a recent report from the website credit sesame […]
Tom: Good morning, Mellody Hobson! Mellody: Good morning! We are talking about retirement again today and this time we are focusing on Generation X. Generation X is made up of those of us who were born between 1965 and 1978. At this point, this generation is in the prime of their careers, and probably earning […]
There are some big problems going on in the country right now and we have the power to fix them. Gun violence, police brutality, and high unemployment disproportionately impact African Americans, and our young Black males in particular. At the same time, high school dropout rates are high and college enrollment for Black men lags behind […]
The U.S. jobs report for June, 2015 was released today over all, things continue to go in the right direction in general. Even unemployment for African Americans edged down slightly to 9.5 percent from 10.2 percent in May, according to the US Dept. of Labor. Unfortunately, Blacks still make up the largest unemployed sector. But […]
Tom: This morning we are discussing the state of small businesses and women-and minority-owned businesses in particular. Mellody: That’s right, Tom. Small businesses are the engine of the American economy, and they employ over half of all American workers. But America’s entrepreneurs – the individuals who start these businesses – are still trying to […]
Silicon Valley‘s diversity problem is well-known. As Bloomberg reported last fall, Black and Hispanic people combined only had 6 percent of the tech jobs at four…
Studies show that African-Americans are not getting enough sleep — a health issue that has an adverse impact on our health. Consistent lack of sleep…
Jack D. Lynch is the Director of Community Affairs for the Gift of Hope Organ & Tissue Donor Network. Born and raised on the south side of Chicago, in the early ’90’s Lynch was contacted to facilitate a discussion with the King family on protocols for organ donation. The King family wanted James Earl Ray […]
According to a new report by Nielsen titled “The Making of a Multicultural Super Consumer,” “Multicultural consumers are rapidly becoming the core of the U.S. population…
Tom: We’re talking about class perceptions this morning? Mellody: We are. Last week, a very interesting survey from NBC and the Wall Street Journal was released. The study measured the sentiments and viewpoints of Americans as they relate to how – and where – they view themselves on the economic ladder in this country, […]
