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Tag: Wealth Gap

The US economy likely just entered its longest ever expansion –...

The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the...

The middle class is shrinking in Colorado

Coloradans are under too much financial pressure to achieve a middle-class lifestyle, even with what are considered middle-class earnings, according to a study released...

‘Patriotic Millionaire’ calls for policies to close wealth gap

  DENVER - A member of Patriotic Millionaires, a group that counts Warren Buffett, Bill Gates Sr., and chief executives of Fortune 500 companies among...

Congress considers reforms to narrow widening wealth gap between whites and...

As Washington policymakers screamed bloody murder last month over bonus payments for a few hundred AIG employees, another much larger scandal went virtually unnoticed on Capitol Hill: The divide between the wealth of blacks and whites — already gaping — grew again. Now, as Congress prepares to consider a series of consumer-friendly finance reforms, some minority advocates, researchers and lawmakers are pointing to that startling trend as another reason the reforms are urgently needed.