The “Black Market” will play a major role among automobile makers for the next two decades. The African-American market is “the best thing going” and if automobile manufacturers don’t establish creditable linkages for their brands with this audience they will, undoubtedly, lose significant market share and
SAN FRANCISCO—In a dismal week when the most positive economic news for the United States was Friday’s federal data showing anemic employment gains, the plight of ethnic elders looks “even worse than we thought it would be,” according to Henoch Derbew, coauthor of a new report, “The Economic Crisis Facing Seniors of Color.”
WASHINGTON (AP) _ The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics, according to an analysis of new Census data.
The Pew Charitable Trust released a new report confirming that blacks and Latinos fared worse in the Great Recession than whites from the perspective of median wealth, or household net worth at the median. Few who have been following shifts in wealth in the United States over the last 20 years will be