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Stories Tagged as

Generational wealth gap

Some upbeat economic news for millennials

by David Brancaccio , Chris Farrell and Alex Schroeder
Mar 12, 2024
New research casts doubt on the widespread belief that the generation of Americans will be worse off than their parents.
Patrick T. Fallon/AFP via Getty Images
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COVID-19

Many younger Black Americans started investing in the stock market during the pandemic

by Samantha Fields
Apr 20, 2021
According to a recent survey, 30% of Black investors under 40 first got into the market in 2020.
Black Americans who didn't grow up talking about investing are now able to pass on information they never had to their own friends and family.
kate_sept2004 via Getty Images
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COVID-19

A huge wealth gap makes economic recovery harder for Black Americans

by Mitchell Hartman
Dec 10, 2020
The average white American male under 35 has 224 times the household wealth of the average Black female of the same age, a new study says.
A woman makes grilled cheese with her granddaughter after being laid off from her job early in the pandemic.
Joe Raedle/Getty Images
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Race and Economy

How the decline of Black-owned insurance firms widened the wealth gap

by Kai Ryssdal and Alli Fam
Jul 20, 2020
Many of the agencies survived the Great Depression but later died out. Their loss meant less money invested into Black communities.
Moyo Studios
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