Category: Economy

Report Reveals Racial Wealth Gap Widens in the United States

A new report from WalletHub, a personal finance website, has found that the racial wealth gap in the United States is alive and well. The report, titled “2024’s States with the Biggest & Smallest Wealth Gaps by Race/Ethnicity,” compared the 50 states and the District of Columbia across 21 key metrics, ranging from the median household income gap to the unemployment rate gap.

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Accountability in Action: Congresswoman Maxine Waters Challenges Banks at Town Hall Meeting in Inglewood

On Saturday, December 2, Congresswoman Maxine Waters, representing California’s 43rd District, led a discussion at Inglewood High School to tackle the pressing issue of banking accessibility within the community. This town hall meeting served not only as an open discussion but also as a call to action for residents to actively participate in shaping the financial landscape of this underserved community.

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Jury Awards $1.78 Billion in Damages in Realtors’ Commission Inflation Case

A jury in Missouri has found the National Association of Realtors (NAR) and several residential brokerages liable for conspiring to artificially inflate commissions for home sales, resulting in a staggering $1.78 billion in damages. The potential payout may escalate to $5 billion, factoring in the treble damages made possible by the verdict.

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Wells Fargo Awards Grant to Brotherhood Crusade Advances Middle-Wage Workforce Development

Brotherhood Crusade is thrilled to announce the support of Wells Fargo through a grant aimed at empowering its Middle-Wage Workforce Development and Career Place initiative. This strategic partnership reflects both organizations’ commitment to fostering economic growth, employment opportunities, and skill development within the community.

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