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News & Information

News & Information

June 20, 2018 Millennials are the worst tippers, new survey shows

Source: Fox News

When it comes to restaurants, millennials are arguably the best at taking cutesy snapshots of their burgers and kale salads. They are not, however, any good at tipping their servers — or so says a new survey conducted by...

June 20, 2018 Nearly a quarter of Americans have no emergency savings

Source: CNN Money

Only 29% of Americans actually have the recommended six months of expenses stashed away. Just 18% have enough to cover three to five months of expenses. And nearly one-in-four Americans have no emergency savings at all.

June 18, 2018 Yes, there’s a wealth gap, here’s why

Source: Pittsburgh Courier

Some people argue that the greatest current impediment to African-American advancement is the enduring wealth gap. Further, some believe that this gap — given its size and the structural racism that sustains it — is virtually...

June 11, 2018 3 Investing Tips From Warren Buffett That You Shouldn't Ignore

Source: Motley Fool

Every year Warren Buffett writes a letter to Berkshire Hathaway shareholders. Each letter contains nuggets of investing advice. I looked at three of those letters -- one from 40 years ago, another from 10 years ago, and the most...

June 6, 2018 U.N. Expert Calls U.S. Income Inequality ‘A Political Choice’

Source: CBS Bay Area

GENEVA — A U.N.-supported human rights expert has blasted the yawning gap between rich and poor in the United States, insisting in a new report that the world’s richest country “is now moving full steam ahead to make itself even...

May 29, 2018 Is the wealth gap really all that bad?

Source: Houston Chronicle

SAN ANTONIO — The financial crisis wiped out trillions of dollars of savings and capital in America, sparking an entire movement against the top 1 percent of earners and shining a bright light on income inequality and the wealth...

May 22, 2018 From Teslas to rust belts: China’s yawning wealth gap

Source: South China Morning Post

China’s rich-poor divide has narrowed by about half by some measures but there’s still a big difference between life in a top-tier city and the hinterland

May 15, 2018 How Parent PLUS Worsens the Racial Wealth Gap

Source: Inside Higher Educatiom

GETTY IMAGES A federal loan program designed to help parents finance their children’s college education is seen by many as a tool for access, but it may be exacerbating racial inequality, New America argues in a new report.

May 14, 2018 Wealth gap grows in San Diego, report says

Source: Union Tribune

In the five years studied, the gap between the San Diego average household income in the top 20 to the bottom 20 was $43,000. The nationwide average gap was $31,000.

April 25, 2018 MEET THE RESEARCHER DISPELLING OLD MYTHS ABOUT THE RACIAL WEALTH GAP

Source: Pacific Standard

Pernicious myths about income inequality remain pervasive in our society—for example, that better education will close the racial wealth gap. Professor William Darity is working to debunk these misconceptions.

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