On Our Radar

The New York Times, June 30, 2022, Where an Army Paycheck Is an Easy Target For soldiers sometimes still in their teens, the dozens of financial services operators that surround Fort Campbell and other military outposts are a gantlet to run every time they step off government property. The results are alarming: The post’s own […]

The Washington Post, June 13, 2022, Why are my patients still isolating in their homes? Gun violence. As a pediatrician in Philadelphia, I hear this sentiment every day. More families than I can count live their entire lives inside homes to avoid gun violence. Many have lost loved ones; others are petrified they will. Children

NPR, June 14, 2022, Why The Racial Wealth Gap Is So Hard To Close However, starting in the 1980s, the racial wealth gap stopped closing and began widening. In the economists’ dream simulation, convergence would have continued. One important reason for this reversal is Black Americans stopped making progress in catching up to the incomes

Bloomberg, June 8, 2022, Racial Disparity Crisis More than half a century after the US Civil Rights Act barred racial discrimination in the job market, new analysis shows that wealth disparities between Blacks and Whites has been getting worse, not better. On the eve of the pandemic, Black Americans had one-sixth the wealth of White

The Washington Post, May 23, 2022, Opinion: Think you’re the one to beat the crypto crash? Think again. When TerraUSD, a stablecoin — that is, a cryptocurrency that is supposed to be pegged to the dollar or another asset — lost almost all its value this month, it happened so fast that many investors lost

American Banker, May 31, 2022, Brown calls on Wells Fargo to end discriminatory practices ‘once and for all’ In a letter to President and CEO Charlie Scharf, Sen. Sherrod Brown of Ohio called on the executive to “once and for all address Wells Fargo’s governance, risk management, and hiring practices — weaknesses that have plagued

The New York Times, May 31, 2022, Biden and Fed chair Powell are set to meet as inflation dogs the global economy President Biden will meet with Jerome H. Powell, the Federal Reserve chair, at the White House on Tuesday to discuss the state of the U.S. and global economy at a challenging moment. Inflation

The Hill, May 31, 2022, House Democrats to move slate of gun bills this week House Democrats are wasting no time taking up gun violence legislation following last week’s school massacre in Texas, scheduling a special session of the House Judiciary Committee on Thursday to send a slate of tougher firearms rules to the chamber

ABC 7News, May 26, 2022, Scammers are targeting veterans & their family. Here’s what you need to know The U.S. Consumer Financial Protection Bureau reported that scammers will call or use mailers. Some claim to be with the Department of Veterans Affairs and will even spoof the phone numbers to make their calls look legitimate. Others

Politico, May 24, 2022, ‘Recession warning’: Sales of new homes plunge in April Sales of new single-family homes plummeted in April as rising mortgage interest rates and skyrocketing house prices took a toll on the market. New-home sales fell 16.6 percent last month from the revised March figures, according to Census Bureau data released Tuesday.

The New York Times, May 26, 2022, Gen Zers Are Buying Homes. Here’s Where They’re Looking. Rising mortgage rates and steep home prices have been particularly challenging for first-time buyers, especially young adults earning their first paychecks. Many are looking outside expensive metro areas to find more affordable homes in midsize cities, new research shows.

Reuters, May 25, 20222, Biden to issue police order on George Floyd death anniversary U.S. President Joe Biden will issue a broad executive order on Wednesday to reform federal and local policing on the second anniversary of the death of George Floyd, senior administration officials said. The order will direct all federal agencies to revise

CNN, May 23, 2022, Black buyers are getting squeezed out of the hot housing market The market is pricing out first-time homebuyers of all backgrounds, but Black buyers face even bigger barriers. Black applicants were denied home loans at a much higher rate than other groups, according to a Zillow analysis of data from the

NPR, May 23, 2022, Buffalo plagued by economic neglect, segregation long before shooting, residents say Buffalo is one of the most economically stunted cities in the nation. It is also one of the most segregated. A 2018 study from Buffalo’s Partnership for the Public Good described a wide, and growing, racial and socioeconomic chasm within

The Guardian, May 24, 2022, Baby formula shortage highlights inequality in US maternal support A little less than three-quarters of Black American and 76% of Native American and Alaska Native mothers initiate breastfeeding – rates lower than the national average. The reasons are complex, ranging from a lack of support from the beginning of a