Randy Davis started out in the mattress business in Denver nearly 35 years ago, when waterbeds were the rage (remember them?). The waterbed market dried up soon after he arrived, but except for ...

CHICAGO — While public health officials continue to wrestle with a global pandemic, crooks have been using the crisis as an opportunity to make a profit. Vendors are peddling fake vaccine cards ...

NEW YORK (AP) — A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic ...

Thanks to the Urban Institute, we already knew that low mortgage rates not only helped fuel a white-hot housing market during the COVID-19 pandemic, ... Black First-Time Buyers Dominated The 2024 ...

Not everyone has benefited equally from the pandemic-era housing boom—the gap between Black and White homeownership rates grew to its widest in a decade in the first two years since COVID-19 hit.

Black families’ median net worth climbed 60 percent, to $44,900. That was a bigger jump than the 31 percent increase for white families, which lifted their household wealth to $285,000.

“There is no doubt that the housing market has reignited from a home price perspective,” said Andy Walden, Black Knight’s vice president of enterprise research. “Firming prices have now fully erased ...

The economic recovery from the pandemic did more than lead to record corporate profits and fuel high stock prices. It also helped create a tight labor market that lifted up economically vulnerable ...