Estimated read time 2 min read
Miscellaneous

White Americans Have Bank Balances Up to Six Times Higher Than Minority Groups

A recent study of the American Economic Association (AEA) has uncovered significant disparities in financial security across racial groups in America. In 2022, the median transaction account balance—a category that includes [ more…]

Estimated read time 3 min read
Miscellaneous

Banks Struggle to Offload Twitter Debt Two Years After Musk’s $44 Billion Takeover

Two years after Elon Musk’s $44 billion acquisition of Twitter, now rebranded as X, the deal is being labeled as the worst in Musk’s business empire, according to a [ more…]