Adam Serwer, in his blog at the American Prospect, unpacks the results of a study on the growing racial wealth gap in America. Yesterday, the Pew Research Center released its report on the racial ...

In 1999, when Sheryl Breslin’s daughter entered kindergarten, she was already playing with a medical kit and expressing a desire to be a doctor. Sheryl, like all parents, had high hopes for her child ...

Longstanding structural barriers are mainly to blame. Many women earn less than men, experience career interruptions for caregiving, and often have less access to credit and investment opportunities.

People who are 55 and older, which includes baby boomers born between 1946 and 1964, hold the vast majority of wealth. Meanwhile, younger Americans have significantly less. Even then, there are ...

A look at BofA’s data shows the shape of the consumer economy is no longer a “K.” If we’re sticking with the alphabet theme, one might suggest an “E” is emerging.

Recently, I’ve noticed influencers like Becca Bloom amassing large followings on social media platforms. TikTok users coined Bloom the queen of “RichTok” for flaunting her wealth in her content. In ...