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Owning a home, then equal pay for equal work, and then having a college degree are the three factors that can make the biggest difference in closing the racial wealth gap, which is how non-whites in America are vastly less wealthy than most whites. If blacks and Latinos owned homes as widely as

If black families had the same opportunitites that white families have to increase their incomes through investments, retirement plans, and other asset-building measures, it would reduce the wealth gap between the two groups by nearly $45,000, or 43 percent, according to a report out Tuesday. For

Warren Buffett warned investors that bankers were still up to their old tricks in his recent investor letter. Vanguard founder Jack Bogle is writing about how high fee mutual funds are ripping off investors and endangering retirement security. And Fed Chair Janet Yellen is touting new, tougher

Fifty years after Bloody Sunday, I marched to the top of the Edmund Pettus Bridge with Mrs. Amelia Boynton Robinson, Congressman John Lewis, President Barack Obama, and many others.

Latonya Suggs is one of 15 former students of Corinthian-owned schools called "the Corinthian 15" who are engaging in what they say is the nation's first student debt strike. They're refusing to pay back both their private and their federal student loans. Strike Debt is helping provide legal support

In America, there is a strongly held conviction that with hard work, anyone can make it into the middle class. Pew recently found that Americans are far more likely than people in other countries to believe that work determines success, as opposed to other factors beyond an individual’s control. But

Most people want to believe that their place in the world is something they earned, either through hard work, preparation, or both. I understand this sentiment. As a native of a country that reveres Horatio Alger-inspired tales of upward mobility, the idea that our status might be attributed to

When Congress narrowly missed another government shutdown in December by passing the “cromnibus” bill, much of the press coverage focused on Capitol Hill’s ongoing dysfunction. However, buried inside the bill was yet another blow to campaign finance regulations, dramatically increasing the amount of

There’s a lot going down with policing these days. The flurry of action this week included an interim report from the President’s Task Force on 21 st Century Policing. It bears both good and bad news. One weakness in the report is overarching and unavoidable: the federal government is limited in the

The talk around Wall Street is that profits at the trading desks of the big banks are down and that regulations are to blame. There may be some truth to that, at least to the extent that transparency rules have deterred some price gouging. We should be careful about reading too much into the effects