Economics

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.

The hot trash talk is meant to create conversation about the importance of keeping public spaces pristine, said Marie Persson, chief of the city’s roads department.

In this issue of Money Scoop - June 14

Some progressive groups are urging Biden and Democrats to more aggressively cast corporations and billionaires as enemies in the fight against inflation.

China's "zero Covid" measures on trucking and cross-city transport limitations continue to slow down manufacturing and logistics.

What makes up the cost of a lithium-ion cell?

Over the next decade, China is expected to surpass the U.S. in economic power, and India is primed to become the world's third-largest economy.

Shortages of food supply is making headlines recently. With prices climbing and the war in Ukraine ongoing, officials fear a global food crisis could be at h...

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide.