Archive for June 2020

Study: Black Families Have 1 Cent for Every Dollar White Families Have

For every one dollar of accumulated wealth that white families have, black families have just one cent.  That’s the finding of a new study from Northwestern University which used data on consumer finances from the Federal Reserve to track changes in family wealth from 2004 to 2016. The study found that Latino families fare slightly…

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Ferguson picks Ella Jones as first African American and first woman mayor

Councilwoman Ella Jones was elected mayor of Ferguson on Tuesday, becoming the first African American to lead the St. Louis suburb that became nationally known after a police officer killed a black teen. Jones, who also will be the first woman to serve as the city’s mayor, secured her historic victory with 54% of the…

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