Tag Archives: money

The Myth of Upward Mobility in America 

By Sarah Lazare Soaring inequality in America has been accompanied by a plummet in upward mobility since the early 1980s, with those who earn modest incomes in their first jobs likely to remain trapped in low-wage work for decades, a … Continue reading

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8,000 People Open Accounts At Black-Owned Bank In Atlanta

By Taryn Finley             In the weeks following the deaths of Alton Sterling and Philando Castile, more and more influencers, like Solange and Killer Mike, have started to #BankBlack and have transferred their money into black-owned banks. … Continue reading

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Income Inequality Is At The Highest Level In American History

By Bryce Covert Last year was a good one for everyone’s income. But it was a much better year for the richest of the rich.According to a new analysis by economist Emmanuel Saez, Americans in the bottom 99 percent of … Continue reading

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The Depths Of Poverty In The Deep South

By Scott Rodd Andrew sat a table in a bar with no sign outside drinking a Bud Light tallboy. The windows were boarded up from the outside and the only source of light was a bare light bulb sticking out … Continue reading

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Strip club seeks recent high school grads for employment

By Danielle Miller There are numerous ways to pay for college, some more conventional than others. For those living in Las Vegas, there’s no shortage of opportunities for fast cash. “It fits in with Vegas. Vegas is always going to … Continue reading

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Detroit Gentrification Means ‘Forced Relocation’ of Black Seniors

By Paul Kleyman Many Detroit residents are celebrating a new era of revitalization, as the city’s thriving Midtown is now dotted with upscale shops, restaurants and new construction. But Motor City, blighted with 83,000 abandoned homes, is also seeing the … Continue reading

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List of CEOs and politicians invited to 2015 Bilderberg Conference in Austria

By Oscar Williams-Grut A select group of global elite will gather in Telfs-Buchen, Austria, on Thursday for a super secret annual conference where they can discuss politics, foreign policy, and economics freely. The Bilderberg Conference has been running since 1954 … Continue reading

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Harlem Rents Are 90 Damn Percent Higher Than In 2002

By John Del Signore Median rent costs in Central Harlem increased by a vertiginous 90% between 2002 and 2014, according to a report analyzing newly-released census data. Meanwhile, in Bed-Stuy, the median cost of rent rose 63% over the same time … Continue reading

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How the Red Cross Raised Half a Billion Dollars for Haiti ­and Built Six Homes

By Justin Elliot, Propublica, and Laura Sullivan, NPR THE NEIGHBORHOOD OF CAMPECHE sprawls up a steep hillside in Haiti’s capital city, Port-au-Prince. Goats rustle in trash that goes forever uncollected. Children kick a deflated volleyball in a dusty lot below … Continue reading

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Weave Loans Are A Thing That’s Really Happening

We support women wearing their hair exactly how they want to. If your choice is straight, curly, weaved, or bald, feel confident about your decision and don’t let anyone tell you otherwise. But I must admit this commercial for The … Continue reading

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