A decade has passed since the housing collapse.  In that time, bank profits are back and continue to rise. Despite occasional trading fluctuations, the stock market remains profitable for most investors. Then there’s the low rate of unemployment that is often cited as if economic strides hav…

Record-breaking back-to-back hurricanes in Houston and Florida brought unprecedented winds and rains affecting millions of Americans. Yet another storm just as brutal but financial in nature is also raging and affects at least 143 million Americans, as well as consumers in Canada and the Uni…

A recent report by the New York Federal Reserve Bank seems to be saying that America’s household credit and debt are about as uneven as the nation’s economic recovery. A new economic analysis found fewer foreclosures, bankruptcies and credit card delinquencies. However, the rates of delinque…

As the wealthy few continue to prosper, the rest of the nation is caught in a financial tug-of-war between stagnant wages and a rising cost of living. In communities of color, chronic unemployment and underemployment and a host of other social ills are added burdens to an already challenging…

Black History Month is a timely moment to reflect on the journey that succeeding generations of blacks have trod in the continuing quest for total freedom and equality. From 1865’s Emancipation Proclamation, to 1954’s U.S. Supreme Court decision in Brown v. Board of Education and 1965’s voti…

As the nation observes its annual recognition of the life of Dr. Martin Luther King Jr., it is  timely to reflect upon how far we have honored his hope that the nation would live up to its creed. In his famous 1963 March on Washington speech, Dr. King said, “America has given the Negro peopl…

The Center for Responsible Lending (CRL) has released research that finds high-cost, for-profit colleges make millions each year by targeting students of color. While these college profits are generated largely from taxpayer funding, their students incur heavy debts with low graduation rates…