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Household wealth or net worth is the value of assets owned by every member of the household minus their debt. The terms are used interchangeably in this report. Assets include owned homes, vehicles, financial accounts, retirement accounts, stocks, bonds and mutual funds, and more. Debt refers to home mortgage loans, education loans, credit card balances, […]
CNN From left, Michael Jenkins and Eddie Parker speak to CNN on August 4, 2023. CNN — Eddie Parker and Michael Jenkins said they were often not believed when they tried, for months, to tell people about the
CNN — Although Black and Hispanic Americans have accumulated more wealth in recent years, their median net worth still lags far behind that of White Americans. The net worth of the typical Black and Hispanic household in 2022 was $44,900 and about $61,600, respectively, according to the Federal Reserve’s latest
Insurgents attacked Mozambique in March. Ali Makram Ghareeb/Anadolu Agency via Getty Images Amnesty International says white people were given preferential treatment during rescue operations during the attack on Palma, Mozambique. The body compiled a report from 11 black survivors. Insurgents stormed the town on 24 March. Whites were given preferential treatment for evacuation […]
Blend Images – JGI/Tom Grill/Getty Images A new study found the rate of stroke among Black people was roughly 50% to 80% higher than the rate among White people, over the studied period. CNN — The first time Leslie Jordan held her son, she didn’t recognize he was her child. “I didn’t know I had […]
U.S. Black Chambers, Inc. Hosts White House Roundtable for Black Professional Associations (Washington, DC) — The U.S. Black Chambers, Inc. (USBC), the nation’s leading voice for Black businesses, convened a White House roundtable for Black professional associations earlier this week. This significant event brought together key officials from the Biden-Harris Administration alongside leading Black business […]
Editor’s Note: Keith Magee is senior fellow and visiting professor in cultural justice at . . .
Red Velvet member Wendy has caught the attention of international netizens with her impression of white and black people. The incident occurred during the November 1 broadcast of MBC C-Radio’s ‘Idol True Colors’. Starting at the 13:45 mark in the clip above, Wendy is asked to show off an individual talent. After joking that she has […]
Photo courtesy of Sen. Bob Casey’s office Erin Willman, founder and CEO of White Cane Coffee, testified before the U.S. Senate Select Committee on Aging Thursday. That committee is chaired by, right, Sen. Bob Casey. Testimony in legislative hearings isn’t always interesting and engaging. That wasn’t the case on Thursday, though, […]
Trump’s Comments on Black Voters Trafficked in Racist Stereotypes -White House
Black Hot Fire Network
February 28, 2024
WASHINGTON (Reuters) – Donald Trump’s comments that Black voters were more drawn to him after his multiple indictments on criminal charges were repugnant and divisive, White House spokesperson Karine Jean-Pierre said on Tuesday. Trump on Friday likened his 91 criminal charges in four separate criminal cases to discrimination faced by Black Americans, and said that […]