wealth

Susan L. Taylor shares her personal journey to success and how as a community, African-Americans can impact change through capitalism.

What do Black Americans need to know about the racial wealth gap? Last week was a glass half-full segment, with a stellar jobs report. I want to talk about a new report from the Corporation For Enterprise Development (CFED) and the Institute For Policy Studies. The report examined the growing racial wealth divide for Black and […]

How are race and spending habits linked? We have heard a lot in recent years about economic inequality, but most, if not all, of the discussion has focused on income inequality. However, a new study out of Duke University, and highlighted in the Atlantic, points to another way economic inequality persists between white and Black […]

African-American kids from rich families are more likely to go to prison than White kids from underprivileged households.

  It’s a new year and that means you should have a new financial plan if you’re not happy with where you are. Here are…

According to a report released by the Black Youth Project at the Study of Race, Politics and Culture at the University of Chicago, in 2009, 54.4 percent of African-American millennials shared that they’ve personally experienced harassment or violence at the hands of the police or they know someone who has.

Robert Smith amassed a fortune in the world of enterprise software on his way to becoming the second-richest Black person in America. Mr. Smith is…

A new Forbes report that details the wealth and opportunity disparities between Black women and their White counterparts has been released. President Barack Obama addressed…

They say crime doesn’t pay but over time, gangsters have proven otherwise. In the early part of the 20th century, a gangster’s profit was measured…

The former president, Bill Clinton, and his wife and presidential hopeful, Hilary Clinton, reportedly earned a combined $30 million in 16 months from speeches and…

  Diddy beats Jay-z, Dr. Dre, and 50 cent to the top of the Forbes list as he was named Hip-Hop’s richest moguls with $735 million. Most of Diddy’s earning come from Ciroc and Revolt TV. Age: 45 Estimated Net Worth: $735 million Source o income: Music, Spirits, Clothing, Media, and Start ups   SOURCE: http://www.forbes.com/sites/zackomalleygreenburg/2015/05/06/diddys-net-worth-in-2015-735-million/

Tom: Another positive story this morning – Americans are growing their wealth?  Mellody: This certainly is a good story, Tom. During the great recession, Americans’…