Elizabeth Warren, who earlier this year confirmed her intent to run for president in 2020, has an ambitious plan to advance entrepreneurs of color by starting a Small Business Equity Fund to provide grants to Black, Latinx, Native American and other minority entrepreneurs.
The Department of Housing and Urban Development has hired Eric Blankenstein, the former Consumer Financial Protection Bureau official whose racially charged blog posts sparked an uproar last year.
Silicon Valley is entering a new phase in its quest for diversity and inclusion in the technology industry.
Opportunity zones are meant to spur new investment in poor areas. But Under Armour’s Kevin Plank is getting a tax break for investments that are not new and not in a poor tract. And Plank’s area was picked over neighborhoods that are actually poor.
There is much talk of a crisis, based on statistics such as this one, from a 2018 report by the Pew Charitable Trusts: Of the nearly 43 million households who rented their homes in the United States, 7.3 million — 17?percent — spend half or more of their monthly income on rent.
America’s birthday is fast approaching. But let’s not wait for July 4 to light the fireworks. There is another Independence Day on the horizon. Juneteenth marks what is arguably the most significant event in American history after independence itself—the eradication of American slavery.
Taller buildings yield more return on the investment for developers. Higher floors also come with more privacy, better views and much higher sales prices. However, others see the changing skyline as a reflection of a changing New York; these new towers, with their luxury apartments designed for foreign investors and the superwealthy, which can feel like a feat of inequality.
While 90 percent of children born in the 1940s grew up to earn more than their parents, only half of children today will earn more than their parents.
Landlords and local officials across the country say a White House proposal to eject undocumented immigrants from subsidized housing would displace some of their most reliable tenants and add major financial strains to an already cash-strapped system.
Facebook has finally revealed plans for a cryptocurrency called Libra, one of the worst-kept secrets in the history of virtual money.