As More Americans Are Being Lifted Out of Poverty, the Racial Wealth Gap Persists
An annual Federal Reserve Board report found that more Americans are financially secure in 2018. Most of them are white.
Browsing Tag
Federal Reserve
11 posts
Recovery From the Great Recession Has Not Been Evenly Felt Across the Economic Spectrum
New research from the Federal Reserve concludes the economic recovery hasn't produced much wealth for most Americans.
The Federal Reserve Raises Interest Rates
The move was widely expected due to the strengthening economy and low unemployment.
Why Small Debts Matter So Much to Black Lives
Due to the racial wealth gap, black families have far less in savings than whites. The consequences can be far-reaching and often severe.
Hillary Clinton’s Not-So-Tough Talk About Wall Street Reform
As a United States senator during the crisis years, Clinton’s legislative proposals to reform banking and housing finance didn’t gain traction.
The Future of Work: Independence and Flexibility
The latest entry in a special project in which business and labor leaders, social scientists, technology visionaries, activists, and journalists weigh in on the most consequential changes in the workplace.
Will Rising Mortgage Rates Put an End to the Housing Recovery?
Rising rates will obviously send monthly payments higher, but they'll also affect the market in a more unusual way: They're going to hurt all-cash investor purchases of housing, which have been a boon to the most distressed markets.