(LONDON) -- The death of Queen Elizabeth II, who ruled for seven decades, has brought about a moment of transition for the British monarchy. And that also applies to the monarchy's finances. King Charles III, her son, ascended to the throne but likely will not... Read More.
(NEW YORK) -- As economists continue to predict the coming of a recession, many are left wondering what they can do to secure and potentially grow their wallets amid the chaos. For some, however, a recession may just be the perfect time to develop... Read More.
(NEW YORK) -- While June 19, 1865, is widely regarded as a day of liberation, its celebration for some simultaneously brings into question just how far that freedom goes. For real estate entrepreneur Jude Bernard, Juneteenth is a reminder of generational wealth deprived. "The whole story behind... Read More.
The 10 richest men in the world doubled their fortunes during the COVID-19 pandemic, a report published Monday by advocacy group Oxfam said, highlighting how the global health crisis has deepened the divide between the haves and have-nots as well as the need for... Read More.
(ATLANTA) -- When Michelle Lockhart was a teenager in Atlanta, she had to work two jobs -- as a camp counselor and fast-food worker -- to take care of her family. She said her mother became disabled at that time due to a brain tumor,... Read More.
(NEW YORK) -- A new study analyzing more than 12 million home appraisals between 2015 and 2020 found racial and ethnic disparities across the United States. The research shows that Black and Latino homeowners are nearly twice as likely as white homeowners to have their... Read More.
(NEW YORK) -- Despite a global pandemic and economic downturn, the total wealth of the world's richest has increased by more than $5 trillion over the past year, according to data compiled by Forbes for its annual billionaires list. Forbes' 35th annual billionaires list, released... Read More.
By Catherine Thorbecke, ABC News(NEW YORK) -- Despite a global pandemic and economic downturn, the total wealth of the world's richest has increased by more than $5 trillion over the past year, according to data compiled by Forbes for its... Read More.
BY: TRISH TURNER, ABC NEWS (WASHINGTON) — Democrats in the Senate were forced to abandon plans to increase the federal minimum wage in the face of concerns among their own ranks, united Republican opposition and because of a fast-approaching deadline cutting off time... Read More.
BY: DEBORAH KIM, EMILY TAGUCHI AND ANTHONY RIVAS, ABC NEWS (NEW YORK) — Josephine Bolling McCall was only 5 years old when her father was killed in 1947 in a brutal lynching on the side of the historic U.S. Route 80 in Lowndes... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- JPMorgan Chase pledged $30 billion to help ameliorate the racial wealth gap in the U.S. and "reduce systemic racism against Black and Latinx people," the firm announced in a statement Thursday.The... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- The wealth of the world's billionaires soared to a record new high of $10.2 trillion at the end of July as the coronavirus pandemic raged, according to a new report published Wednesday from... Read More.