NCRC

Roughly 2 out of 3 Americans who have lost jobs or had their paychecks reduced as a result of the coronavirus pandemic are worried about their ability to pay their bills, according to the latest TransUnion Consumer Financial Hardship Study.

Central bank reduces minimum and raises maximum loan limits in effort to reach more small and midsize businesses

While personal reflection is necessary for moving forward, it is not sufficient. There are tangible steps that individuals and institutions need to take at this very moment to ensure that black colleagues and students are supported and heard within economics and related fields.

Feel-good gestures from politicians and the police shift no power. Real change lies within a system overhaul.

Addressing centuries of racist policy is a critical solution to today’s social unrest, explains law professor Mehrsa Baradaran in an interview with HuffPost.

The Labor Department acknowledged that for the last two months, it was aware of this issue, but didn’t widely report it or make the necessary adjustments. The big question is whether or not this was purposely done or a typical government blunder.

The stimulus checks were meant to get average Americans through the lockdown, but those $1,200 payouts were small change compared with the billions in tax breaks the CARES Act handed out to the country’s wealthiest.

Poor and working class white folks showing up alongside Black folks and people of color demanding justice is actually exactly who we are.

“All housing policy right now should be about keeping people in their homes,” said McCargo. “For black and Latino families, the majority of their wealth is in home equity. That is the asset that allows for the most wealth building and the preservation of that is critical.”

A rip in the fabric of the economy won’t be healed easily, and denial of the severity of the crisis won’t solve it.

For a group of elite black executives, police killings and protests have unleashed an outpouring of emotion and calls for action.

In the wake of George Floyd’s killing, some cities are asking if the police are being asked to do jobs they were never intended to do. Budgets are being re-evaluated.

So I ask my fellow Americans: What will each of you do?

As this analysis makes plain, there is a clear distinction in the demographic and political make-up of counties that reached high COVID-19 prevalence between March 30 and April 19, and those reaching that status between April 20 and May 31.

Forty-two million people have filed for unemployment. But last week applications for mortgages on new homes were up 17.5% compared to a year ago.