Finance

Critics question whether cryptocurrency can create Black wealth 

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Black homeowner who studies housing discrimination gets higher appraisal after white colleague stands in

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NAACP demands Biden cancel at least $50,000 of student debt, particularly for Black borrowers

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Stock exchange ticker, theGrio.com

EXPLAINER: How do we know when a recession has begun?

The clearest signal that a recession is underway, economists say, would be a steady rise in job losses and a…
/ July 28, 2022

US economy shrinks for a 2nd quarter, raising recession fear

The U.S. economy shrank from April through June for a second straight quarter, raising fears that the nation may be…
/ July 28, 2022

Facebook parent Meta posts first revenue decline in history

Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday.
/ July 28, 2022

Fed unleashes another big rate hike in bid to curb inflation

The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second…
/ July 27, 2022
Sauce on Bacon, egg, cheese sandwich, theGrio.com

Inflation hits NYC’s bodega favorite: Bacon, egg and cheese

Because of inflation tied to the pandemic and Russia's war with Ukraine, owners are faced with no choice but to…
/ July 27, 2022
ay Z Beyonce Warren Buffet, theGrio.com

DOJ: Buffett company discriminated against Black homebuyers in three states

Trident Mortgage Co. a division of Berkshire Hathaway's HomeServices of America, deliberately avoided writing mortgages in neighborhoods in West Philadelphia;…
/ July 27, 2022

Biden fights talk of recession as key economic report looms

Facing a potentially grim report this week on the economy's overall health, President Joe Biden wants to convince a skeptical…
/ July 27, 2022