Category: Uncategorized
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Young Adults Credit Trajectories Very Widely by Race and Ethnicity
Today’s young adults are the most racially and ethically diverse cohort in U.S. history, yet legacies of structural racism still shape their economic prospects. Young adults divergent credit trajectories underscore this trend. An Urban Institute analysis survey that draws upon millions of consumer records from a major credit bureau find young adults in a majority…
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Building Trust in the Financial System is Key to Closing the Racial Wealth Gap
Since the racial reckoning following the death of George Floyd, many banks have pledged to uplift and support the black community. Some have initiated or supported programs to close the racialwealth gap, but these initiatives often fail to account for the fact that historically racist financial policies have eroded black communities trust in banks. Even…
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More Americans Own Their Own Homes, But Black-White Home Ownership Rate Gap is the Biggest
While the U.S. home ownership rate increased to 65.5% in 2021, the rate among African Americans lag significantly (44%), has only increased 0.4% in the last 10 years and s nearly 29 percentage points less than white Americans (72.7%), representing the largest black-white home ownership rate gap in a decade. Black home owners and renters…
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Effective Communication Tips for Better Relationships
One of the basic rules of communication lies in avoiding moralizing, as it kills trust. This type of behavior is called “pontificate”. Simply stated, it’s essential to provide room for self-expression rather than dominate over a man or woman. I tried to, during my research, while writing this blog post, offer this tip to my…
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The Act of Kindness I Carried Out
I carried out an act of kindness for someone a few years back and I can remember it as though it was yesterday and I have no regrets about it whatsoever to this very day. It was before a test that the class had to take was and I was in college so a classmate…
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Inflation, Minimum Wage and Profits
There are two basic debates about inflation. One is mostly good faith (if highly contested): It concerns the actions of the Federal Reserve. Another is mostly bad faith: It uses the existence of elevated inflation as a cudgel against any progressive policy change and as a justification for long-standing ideological priorities. This is most visible…
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The Strategies That I Use to Maintain My Health and Well-Being
I do a lot to maintain my health and well-being while on this Earth and I got to say that it’s well worth it. First, I get up and excercise, you know, like push-ups, sit-ups, squats and so for just to get my body in shape for the summer (just kidding; that’s what some women…
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My Future Travel Plans…
Although it’s still early for me to decide on where to go in the future, I very much know where I’m going to go when I make my travel plans because it’s like I’m already set on where to go and that would be the U.S. Virgin Islands, that’s right, our country’s very own territory,…
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Artificial Intelligence and the Future of Business
For many people, the concept of artificial intelligence (A.I.) is still something related to the area of science fiction and fantasy. However, this image seems to be closer to fading into obscurity with every passing day as AI becomes more common in people’s everyday lives. Granted, its widespread adoption in society is a fairly new…