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Race and Economy

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Race and Economy

To narrow racial wealth gap, Biden plan takes aim at home appraisal inequality

by Samantha Fields
Jun 1, 2021
Homes in most white neighborhoods are worth an average of $250,000 more than those in mostly Black and Latinx neighborhoods.
President Joe Biden laid out policy proposals aimed at narrowing the racial wealth gap during a speech in Tulsa, Oklahoma. Above, Biden speaks with Michelle Brown-Burdex of the Greenwood Cultural Center.
Mandel Ngan/AFP via Getty Images
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Race and Economy

Howard U hopes to "put a major dent" in Hollywood's diversity problem

by Marielle Segarra
Jun 1, 2021
The HBCU is naming its reestablished school of fine arts after late actor and Howard alumnus Chadwick Boseman.
Howard University has made several moves in recent years to try to make Hollywood more diverse. In 2019, it launched a partnership with Amazon Studios. Pictured: Howard President (second from left) and Amazon Studio's Global Head of Diversity, Equity and Inclusion Latasha Gillespie (second from right).
Brian Stukes/Getty Images for Amazon Studios
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Race and Economy

3 Federal Reserve leaders discuss the need for diversity among economists

by Marketplace Staff
May 31, 2021
An excerpt from a Federal Reserve conference series about race and the economy focused on diversifying the profession itself.
"We want to be top form, and to do that, we have to be diverse. We have to be inclusive," said Loretta J. Mester, president of the Federal Reserve Bank of Cleveland.
Chip Somodevilla/Getty Images
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Meet the business reclaiming the narrative around Native art

by David Brancaccio and Rose Conlon
May 27, 2021
Seattle-based Eighth Generation works with Native artists to create wool blankets and more.
"What we have learned during the pandemic is that we can be confident in consumers' interest in doing the right thing," said Louie Gong, founder and CEO of Eighth Generation.
Courtesy of Ken Yu/Eighth Generation
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Race and Economy

Where efforts to redirect police funding stand 1 year since George Floyd's murder

by Andy Uhler
May 25, 2021
Since the murder of George Floyd one year ago, more than 20 big cities have reduced police budgets in some form.
Justin Sullivan/Getty Images
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Race and Economy

Why police reform advocates want Congress to end qualified immunity

by David Brancaccio and Rose Conlon
May 25, 2021
"There's a padlock on the front door of the federal courthouse for victims of police brutality," said Marc Morial of the National Urban League.
"There's a padlock on the front door of the federal courthouse for victims of police brutality," said Marc Morial of the National Urban League
Kerem Yucel/AFP via Getty Images
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Race and Economy

A year later, how are corporations doing on promises they made to fight for racial justice?

by Janet Nguyen
May 24, 2021
Companies like Sephora, PepsiCo and Yelp made promises to invest more in Black businesses and Black employees.
Guests have their makeup done during a Sephora event celebrating equity advisers and social impact partners back in 2019.
Al Drago/Getty Images for Sephora
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Race and Economy

Checking in with Black-owned bookstores, 1 year since George Floyd's murder

by Matt Levin
May 24, 2021
Business is still up, although not quite as much as it was in the six months following George Floyd's death.
James Fugate, co-owner of Eso Won Books, speaks with a customer at his store in the Leimert Park neighborhood of Los Angeles, California, Nov. 24, 2020.
Patrick T. Fallon/AFP via Getty Images
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Race and Economy

Why breaking down economic data helps create equitable policy

by Kai Ryssdal and Richard Cunningham
May 19, 2021
“I want to look at reports and see all of me,” says economist Rhonda Vonshay Sharpe.
"A first step to promoting equity in Government action is to gather the data necessary to inform that effort," Biden said in his executive order on advancing racial equity.
Justin Sullivan/Getty Images
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Pledges vs. action: A consultant on the future of corporate social engagement

by David Brancaccio and Rose Conlon
Apr 29, 2021
Deesha Dyer started a social impact consulting firm during COVID. She hopes companies keep their promises on racial justice.
Deesha Dyer, who worked in the Obama White House and founded the social impact consulting firm Hook & Fasten, hopes companies follow through on their racial justice initiatives.
Courtesy of Deesha Dyer
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