race

Great Recession Created a Historic Racial Wealth Gap

The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among racial groups in America: The median wealth of white households is 20 times that of black households, and 18 times that of Hispanic households. The main culprit in minority wealth loss? The housing bust.

The Six Demographic Characteristics Of Divorce

Divorce is a common affair in America today, but it hits some groups harder than others. Yes, race can be a factor -- but far more telling is financial status, among other things. For answers, 24/7 Wall Street digs into the Census Bureau%u2019s May report, Number, Timing, and Duration of Marriages and Divorces: 2009.