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  1. Jimi Swagger

    Social-Media Stars Are Turning Heads—of Regulators

    Regulators say financial rewards to influencers—even if made without explicit demands in return—can run afoul of deceptive-marketing rules Actress Shay Mitchell, of the TV show ‘Pretty Little Liars,’ is one of 21 social-media influencers contacted by the Federal Trade Commission in recent...
  2. Jimi Swagger

    1 in 7 white families are now millionaires. For black families, it’s 1 in 50.

    Fifteen percent of white households are worth more than $1 million, double the percentage in 1992. (iStock) The share of white millionaires in the United States has doubled in the past quarter-century, with 1 in 7 white families now worth more than $1 million, according to new Federal Reserve...
  3. Jimi Swagger

    African Americans are the only racial group in U.S. still making less than they did in 2000

    African Americans were worse off financially in 2016 than they were in 2000. The median income for an African American household was $39,490 last year, according to U.S. Census Bureau data released this week. It was $41,363 in 2000. (Both figures are in 2016 dollars, so they have been adjusted...
  4. Jimi Swagger

    Median wealth of black Americans 'will fall to zero by 2053'

    Study predicts huge and growing gulf between white US households and everyone else could be disastrous for future of America’s middle class. I dare not pass this knowledge down to my kids’: Mysia Hamilton with her five sons. Photograph courtesy Mysia Hamilton Growing up in the projects of...
  5. Jimi Swagger

    The Wage Gap for Black Workers Is Growing

    U.S. black men earn 70 cents on a white man’s dollar While part of gap owes to education, a growing portion doesn’t Black workers earn less than their white counterparts in a worsening trend that holds even after accounting for differences in age, education, job type and geography, new Federal...
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