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Race and Economy

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Race and Economy

If a company is serious about racial pay equity, what should it do?

by Marielle Segarra
Jun 9, 2020
There are concrete steps companies can take. To start, collect the data.
Companies can take steps to close the racial pay gap, starting with collecting the data.
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Race and Economy

What it means to defund police

by Kimberly Adams
Jun 8, 2020
Minneapolis City Council members want to dismantle the Police Department. So what kind of service could take its place?
Minnesota State Patrol officers block a road during protests in Minneapolis.
Kerem Yucel/AFP via Getty Images
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COVID-19

How’s the economy? vs. how’s the economy for each of us?

by Kai Ryssdal and Maria Hollenhorst
Jun 8, 2020
If you want to answer the second question, you’ve got to 'disaggregate' the data.
Macroeconomic data can help you see the big picture — the forest. But if you want to understand how groups within the economy are doing, examine the trees.
Patrick Pleul/DPA/AFP via Getty Images
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Race and Economy

Despite anti-racism pledges, few large companies have Black CEOs

by Marielle Segarra
Jun 8, 2020
Many brands have said recently that they oppose racism and support their Black colleagues. But the composition of leadership ranks don't reflect those sentiments.
Roger Ferguson, Jr., CEO of TIAA, is one of the four Black CEOs who lead Fortune 500 companies.
John Lamparski/Getty Images
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Race and Economy

What makes people want to smash windows or destroy property?

by Kristin Schwab
Jun 5, 2020
Researchers say underlying factors, such as people's relationships with police and with communities, can contribute to destructive behavior in the midst of unrest.
A member of the Pennsylvania National Guard outside a boarded Target store in Philadelphia Wednesday.
Mark Makela/Getty Images
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Race and Economy

Employees look at their companies' actions — not just statements

by Erika Beras
Jun 4, 2020
Many companies issued statements in support of the anti-racial bias movement. But some employees question internal actions and policies.
Starbucks closed its stores in 2018 to provide anti-racial bias training for employees.
Bryan R. Smith/AFP via Getty Images
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Race and Economy

Neighborhoods where stores were destroyed become food deserts overnight

by Marielle Segarra
Jun 4, 2020
Grocery stores. Bodegas. Pharmacies. Check-cashing spots. All gone.
A burned Walgreens in Minneapolis on May 30.
Stephen Maturen/Getty Images
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COVID-19

Mutual aid grows in popularity during protests and pandemic

by Samantha Fields
Jun 4, 2020
Communities of color and activists have been practicing mutual aid for a long time. But it has become much more widespread recently.
Volunteers with the Bronx Mutual Aid Network buy and delivery groceries and run errands for people in the community.
Courtesy Thahitun Mariam/Bronx Mutual Aid Network
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Race and Economy

LA pledges to move money out of policing and into other social programs

by David Brancaccio , Nova Safo and Alex Schroeder
Jun 4, 2020
The proposed cuts amount to at most 8% of the LAPD's $1.86 billion budget.
Los Angeles is the first big city to propose cutting police budgets after protests.
Josh Edelson/AFP via Getty Images
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Reimagining the Economy

Why eliminating racial inequities is key for the post-COVID-19 economy

by David Brancaccio and Candace Manriquez Wrenn
Jun 4, 2020
"Going back to normal would be disastrous for Black Americans," says Andre M. Perry of the Brookings Institution.
"There's built-in inequality in the systems that we use to distribute resources to build wealth," Andre M. Perry says.
Jason Redmond/AFP via Getty Images
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