The Banking Lobby’s Cynical And Hollow Challenge To The Community Reinvestment Act Rule
A legal analysis of the new CRA lawsuit from bank lobbyists.
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Analysis and points of view on research, trends, issues, ideas and opportunities.
A Strong Black Economy Still Mired In Inequality: Race, Jobs And The Economy Update For January 2024
The Black economy looks to be off to a strong start in the January jobs report — though that trajectory still begins on a launchpad of racial economic inequality.
Study Finds Socioeconomic Conditions – Not Genetics Or Lifestyle Choices – Account For Racial Life Expectancy Gap
There is a large and persistent racial life expectancy gap in the United States. And it isn’t happening because of lifestyle choices.
Analysis: New CRA Rule’s Improvements To Public Engagement Systems Do Not Go Far Enough
The Community Reinvestment Act requires public input to be effective. How much do the new CRA rules change public engagement?
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Analysis: How Community Groups Can Use The New FTC-DOJ Merger Guidelines To Advance The Just Economy
Big changes to the Department of Justice and Federal Trade Commission merger guidelines provide community groups with key opportunities. Here’s how to use them.
MLK Would Have Been 95 This Year. Let’s Make His Dream a Reality.
MLK saw substantial economic progress for Black Americans in his lifetime, but in our century progress has slowed to a crawl. Here’s how we get back on track.
MLK Would Have Been 95 This Year. Let’s Make His Dream a Reality. Read More »
CRA Overhaul: Did The Agencies Do Enough To Cure Ratings Inflation?
The Community Reinvestment Act has been plagued by ratings inflation for years. Has the new CRA overhaul fixed it?
CRA Overhaul: Did The Agencies Do Enough To Cure Ratings Inflation? Read More »
2023 Ends With A Strong Labor Market For Black Workers: Race, Jobs And The Economy Update For December 2023
How is the labor market for Black workers? The December jobs report reveals significant gains for Black workers.
Case Study: How Black Businesses Can Build Competitive Advantage For Anchor Procurement With The Atlanta Wealth Building Initiative
Black-owned small businesses often struggle to reach major-funder “anchor institutions” in their communities that contribute significant resources to support other entrepreneurs. But that is a solveable problem.
Case Study: How The El Paso Hispanic Chamber Of Commerce Is Ensuring Capital Readiness For Rural Hispanic Entrepreneurs
All rural business owners face special challenges, but none more so than those from social groups that have long been fenced out of key financial services. We’re solving that problem.
Case Study: How Catapult Greater Pittsburgh’s Storefront Incubation Programs Are Supporting Women Entrepreneurs Of Color
How can distressed commercial areas regain economic vibrancy? Catapult Greater Pittsburgh is providing creative solutions built to last.
Race, Jobs, and the Economy November 2023 Update: Strong Economic Indicators For African Americans Yet Pessimism In Alleviating Racial Inequality
What can the November jobs report tell us about the future of racial economic inequality?
The Racial Wealth Divide and Black Billionaires Across the Globe
As conversations regarding the rapid concentration of wealth dominate economic and political discourse, it’s worth analyzing the details of wealth within the billionaire class. However, little attention has been paid to billionaires of African descent. Twenty-four people of African descent have appeared in the Forbes billionaires list. People of African descent have historically been locked
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KeyBank’s Betrayal Of Black And Low-Income Homebuyers Continued In 2022
KeyBank continued its years-long retreat from promoting Black and low-income homeownership in 2022, an analysis of the most recent federal data on mortgage lending reveals. Black borrowers made up just 2.6% of the Cleveland-based bank’s home purchase mortgage lending in 2022, down from 3% the year prior. KeyBank has been pulling back from supporting Black
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The Racial Wealth Divide and US Black Billionaires
When the first Black billionaires emerged, most stemmed from the entertainment industry. In 2001, Black Entertainment Television cofounder Bob Johnson was the world’s wealthiest Black person with an estimated net worth of $1.6 billion. By 2021, Johnson’s estimated fortune had fallen by more than half – meaning he no longer appeared on annual magazine lists
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