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Articles on Economics

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Daymond John and Tracee Ellis Ross attend Black Entrepreneurs Day at the Apollo Theater on Oct. 22, 2022, in New York City. Johnny Nunez/WireImage via Getty Images

Black entrepreneurs are often shut out from capital, but here’s how some are removing barriers

Black business owners are often frustrated by systemic racial disparities, but a new study shows how they are using race to capitalize on their ventures.
A statue of Jefferson Davis, second from left, is on display in Statuary Hall on Capitol Hill in Washington. A slaveholder, Davis represented Mississippi in the Senate and House before the American Civil War. AP Photo/Susan Walsh, File

Many wealthy members of Congress are descendants of rich slaveholders − new study demonstrates the enduring legacy of slavery

Researchers measured lawmakers’ wealth and found that those whose Southern ancestors owned slaves before abolition have a higher net worth today.

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