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Economy
Centuries of discrimination have created a cavernous wealth gap between Black and white Americans. Today, Black Americans own an estimated one-tenth the wealth of white Americans — $17,150 for Black families compared to $171,000 for white families. This gap is not only bad for Black people, it’s bad for the […]
Money still talks to voters. A new Gallup analysis released Monday reveals that the economy emerges as the No. 1 issue for voters as Election Day approaches, now just four weeks off. “As the nation remains in a pandemic-induced recession, U.S. registered voters say the economy is the most important […]
Business leaders from the engagement group Business Twenty (B20) have called for urgent reforms to be made if the global economy is to recover from its worst crisis in a century due to the coronavirus pandemic. “The global economy is in its worst state in a century,” warned Yousef Al-Benyan, […]
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Just as our news cycle has been dominated by the two warring political parties in this country, churning just under the surface are opposites of a different kind — the two economies in our country. The coronavirus-induced economic downturn has brought the contrast between the haves and have-nots, and the […]
The yuan is closing out its strongest quarter against the dollar in more than a decade, boosted by optimism over China’s economic outlook and by the country’s comparatively high interest rates. From the start of July through Wednesday’s close, the yuan has strengthened 3.9% against the dollar. That puts the […]
Matthew A. Treskovich | Special to The Ledger It’s easy to get lost in the news when you’re trying to understand what’s happening in the stock market and in the economy. The novel coronavirus pandemic and the upcoming election dominate the headlines. Talking heads on television and the Internet talk […]
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Karla Dennis, EA, MST & CEO of The Award Winning Tax Accounting Firm Karla Dennis and Associates Inc. — Specializing In Tax Planning getty The U.S. economy has been artificially inflated due to the fiscal and monetary stimulus measures the government put in place for individuals and business owners affected by the […]