But Sergey Chernenko, an associate professor of finance at Purdue University’s Krannert School of Management, who was not involved in Dr. Howell’s research, said the new paper aligned with his […]
Minorities
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Back to news homeHow Black and Hispanic Millennials Are Looking Outside of 401k’s for Investing
“We almost went bankrupt,” he said. “We lost almost $350,000.” To date, Mr. Napoleon has been able to replenish only a fraction of the savings he poured into the business, […]
How the Media Repeated ‘Missing White Woman Syndrome’ in Petito Case
“White victims tend to be portrayed as being in very safe environments, so it’s shocking that something like this could happen, whereas the Black and Latino victims are portrayed as […]
Judges Halt Race and Gender Priority for Restaurant Relief Grants
The business owners who brought the suits are among the non-priority applicants that have been paid, the agency said in court filings. On June 1, the S.B.A. paid $187,753 to […]
Banks Fight $4 Billion Debt Relief Plan for Black Farmers
WASHINGTON — The Biden administration’s efforts to provide $4 billion in debt relief to minority farmers is encountering stiff resistance from banks, which are complaining that the government initiative to […]
To Help Black Developers, Programs Start With Access to Capital
For 15 years, Harvey Yancey has been building and renovating market-rate homes, affordable housing and commercial spaces in Washington, D.C. During that time, his company, H2DesignBuild, has navigated funding challenges […]
Treasury Ramps Up Racial Equity Review as It Deploys Relief Funds
WASHINGTON — The Treasury Department is moving ahead with a formal racial equity review of the agency and its programs, putting in place an effort to ensure that economic fairness […]
A Hidden Obstacle to Boardroom Diversity
Last spring, Niki Christoff, a senior Salesforce executive, was offered an opportunity to join the board of a publicly traded company alongside her day job. Being a director of a […]
China’s Crackdown on Muslims Extends to a Resort Island
SANYA, China — The call to prayer still echoes through the alleys of Sanya’s nearly 1,000-year-old Muslim neighborhood, where crescent-topped minarets rise above the rooftops. The government’s crackdown on the […]
Why Are There So Few Black Economists at the Fed?
But Mr. Gamble left college with a plan. He had discovered his interest in economics partway through university, when he found an old textbook in a public library and read […]