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Race and Economy

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Race and Economy

"American companies are going to have to work harder": How today's affirmative action ruling puts U.S. companies at a disadvantage

by Kai Ryssdal and Andie Corban
Jun 29, 2023
Peter Blair Henry, Dean Emeritus of NYU's business school, explains how today's ruling will affect corporate performance.
Supporters of affirmative action protest near the U.S. Supreme Court on June 29.
Anna Moneymaker/Getty Images
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Race and Economy

Businesses are quieter on social justice issues as support for Black Lives Matter dips

by Kimberly Adams
Jun 20, 2023
Although companies are more cautious about their initiatives, most U.S .workers support focus on diversity, equity and inclusion.
Minneapolis protestors in 2020, the day following the murder of George Floyd. Public support of Black Lives Matter has dipped significantly since 2020's racial justice protests.
Chandan Khanna/AFP via Getty Images
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Race and Economy

Black homeownership climbed early in the pandemic. Is progress stalling?

by Matt Levin
Jun 19, 2023
Higher mortgage rates could disproportionately hurt Black homebuyers.
Historically low mortgage rates lifted homeownership across racial and ethnic groups. But those rates have more than doubled since 2021.
Joe Raedle/Getty Images
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Race and Economy

Native-serving financial institutions "fill gaps," but new federal rules could undermine them

by Savannah Maher
May 10, 2023
Community development financial institutions are mostly concerned about a ban on extended-term mortgages and balloon payments.
When Joshua Iron Shell decided to start his own roofing business, a Native CDFI helped him get his finances in order and secure a loan.
Courtesy Joshua Iron Shell
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Race and Economy

Why federal government data under-represent Native Americans

by Savannah Maher
Apr 7, 2023
One of the reasons revolves around issues of racial classification on official documents like the Census.
Complexities with racial categorization on official documents like the Census make it difficult to accurately represent the number of people in Native groups.
Justin Sullivan/Getty Images
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Race and Economy

USDA equity commission unveils proposals

by Savannah Maher
Mar 7, 2023
The proposals look to rectify a history of discrimination faced by farmers belonging to minority groups.
The commission, formed by the Biden administration to look into discrimination against minority farmers, released its first report last week.
Scott Olson/Getty Images
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Race and Economy

Understanding the civil rights movement as a labor and economic movement

by Kai Ryssdal and Richard Cunningham
Feb 23, 2023
Legalized segregation was an economic system that determined people’s livelihoods, says history professor Robin D.G. Kelley.
Protestors hold signs reading "Union Justice Now!" and "Honor King: End Racism!" in Memphis, Tennessee, in April 1968, days after the assassination of civil rights leader Martin Luther King Jr.
Keystone/Hulton Archive/Getty Images
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Race and Economy

Predatory practices past and present target Black investors

by Kimberly Adams
Feb 10, 2023
Payday loans, high-fee check-cashing services and scams find fertile ground in a community still affected by generations of discrimination.
Kenneth Nichols, right, works with Janice Leek to set up a presentation called "The Future of Blockchain Is Here!"
Kimberly Adams/Marketplace
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Race and Economy

Crypto marketing attracted a disproportionate number of Black investors. Here's why.

by Kimberly Adams
Feb 3, 2023
Black Americans were more likely to be involved in cryptocurrencies than white Americans, with many using crypto as their first foray into investing.
Attendees at a promotional event called “The Future of Blockchain Is Here!” in Bowie, Maryland.
Kimberly Adams/ Marketplace
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"The Big Payback"

Fear and reparations in the American suburb

by Ellen Rolfes
Feb 3, 2023
Econ Extra Credit newsletter #136
Local supporters of reparations attend a town hall in Evanston, Illinois.
(The Big Payback, LLC)
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