Economics

Scholars have always placed two New Deal era federal agencies at the center of the racist policy that steered private mortgage lenders away from Black neighborhoods. However, new research paints a different picture.

In 1968, Congress passed the Fair Housing Act that made it illegal to discriminate in housing. Gene Demby of NPR’s Code Switch explains why neighborhoods are...

The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the consumer price index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

How do companies like Amazon and Apple consistently make game-changing products? Here are 10 types of innovation, and the tactics that lead to big breakthroughs.

By: Emily Vecchioni Recent efforts to promote the rich cultural heritage of African Americans in Detroit reflect the healing of decades of targeting African American neighborhoods, such as the Black Bottom.

Detroit Public Library

Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a "state-sponsored system of segregation," in which people of color were purposely excluded from suburbs.

Eighty years after a segregation wall rose in Detroit, America remains divided. That’s not an accident.

Generating a robust economic recovery that facilitates inclusive prosperity, redresses past harms, and advances national climate goals will require reforming federal infrastructure programs, which were not originally designed to meet these objectives.

Segregation in 1970 Just after the 1967 riots, there were still large parts of west and east Detroit that were nearly all white, the vestiges of the housing patterns that were cemented by federal housing policy and local real estate...

Redlining: the racist housing policy from the Jim Crow era that still affects us today.Watch an all-new @Adam Ruins Everything on truTV every Tuesday 10/9C! ...

Image transcription: A History of Racist Federal Housing Policies La-Brina Almeida, Policy Analyst 1933 The Home Owners’ Loan Corporation (HOLC) was established to assist homeowners who were in default on their mortgages and in foreclosure. HOLC created “Residential Security” maps, which documented how various professionals evaluated mortgage lending risk, systematically grading neighborhoods. The grading included … A History of Racist Federal Housing Policies Read More »

Redlining in New Deal America

There is a clear correlation between trust in government and trust in public institutions, but a few countries buck the trend.

Unions might not be the tech giant’s biggest labor threat.

Policy likely cannot significantly reduce prices soon, experts told ABC News.

Federal gas taxes could be suspended for three months.

Chairman of the Board Maggie Wilderotter will serve as interim CEO as the company begins its search for the next executive.

Prepare for a whole lot of graphs.

The economic cycle is a series of peaks and valleys. Analyzing economic data going back to 1950 helps put recessions into perspective.

Is inflation getting higher? In this infographic we explore how inflation rates have evolved over the last century, putting current numbers into context.

This graphic maps out the migration of millionaires across the globe, showing the top 10 countries the ultra-rich are moving to and from.

What are the different types of inflation? Which economic forces impact each type? Below, we chart each over modern history.