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It could make the economy more vulnerable.
Bloomberg’s Claire Ballentine reports that women tend to be conservative, thoughtful investors and donate more to charity than men.
But the gains aren’t anywhere near evenly distributed.
Homeowners’ median net worth is about $400,000. Renters? Just $10,000, according to the Aspen Institute’s Financial Security Program.
New research finds that inequities in unemployment risk can explain some of the racial gap in stock market investment.
Under the Dawes Act of 1887, Native Americans lost more than 90 million acres of tribal land, which were sold to non-Native citizens.
Inflation continues to be a key factor but richer folks have greater protection from its effects.
Economic disadvantages like the wealth gap persist, despite talk of the “she-conomy.”
Dorothy Brown of Georgetown University has spent her career researching race and the tax code. Now, she advises the Treasury Department.
Net worth increased, even for low-income families. But is this just a temporary improvement in the wealth gap?