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BLACK HOMEOWNERS LAGS WHITES FUELING WEALTH GAP REPORTS FIND

The gap in racial equity that persists in many facets of American life impacts home ownership as well. Among Black families, 44% owned their own home as of the first quarter of this year compared to 73.7% of white families, according to the U.S. Census. And that disparity is even greater depending on the city, according to an …

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Coronavirus Is Hitting Black Business Owners Hardest

The coronavirus pandemic will shutter many small businesses. And early evidence shows it is disproportionately hurting black-owned small businesses. More than 40 percent of black business owners reported they weren’t working in April, when businesses were feeling the worst of the pandemic’s economic consequences. Only 17 percent of white small business owners said the same, …

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