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Closing the wealth gap is more difficult because a significantly larger number of white households traditionally have money in stocks and mutual funds. A separate Fed survey shows that as of 2022, about 65.6% of white households had investments in stocks, compared with 28.3% for Hispanic households and 39.2% for Black households. More than 50% of Black financial wealth is invested in pensions, the New York Fed found. In contrast, less than 30% of white financial wealth is invested in pensions, with about 50% invested in businesses, equities, and mutual funds. In April of 2020, more than 40% of Black business owners reported they were not working, compared with only 17% of white business owners.
Persons: , Janelle Jones, Jones, Walley Adeyemo, Adeyemo, ___, Charles Schwab Organizations: New York Federal Reserve Bank, Black, Washington Center for Equitable, Federal Reserve, New York Fed, Bureau of Labor Statistics, Associated Press, Charles, Charles Schwab Foundation, Inc, AP Locations: U.S, America
Page Walley on Tuesday stopped short of fully removing the law and instead introduced legislation that would remove those convicted of aggravated prostitution of having to register as a violent sex offender. “But removes the sex offender registration.”Prostitution has long been criminalized as a misdemeanor in Tennessee. Nearly 20 years later, the state legislature revised the law once more by requiring lifetime sex offender registration for those convicted under the controversial statute. Instead, the GOP-controlled Senate Judiciary Committee on Tuesday agreed to advance a proposal that would drop the lifetime sex offender registration requirement. The plaintiffs challenging the law in federal court, all named Jane Doe, have described years of harassment and hardships in finding housing and employment that complies with Tennessee's violent sex offender registry.
Persons: , Republican Sen, Page, ” Walley, Walley, Jane Doe, Bill Lee's, It's Organizations: The U.S . Department of Justice, Republican, for Disease Control, GOP, Gov Locations: Tenn, Tennessee, The, Illinois, New Jersey, Virginia, Shelby County, Memphis
IOWA CITY, Iowa (AP) — Dragan Kesich made four field goals and Minnesota won at Iowa for the first time since 1999 to snap an eight-game losing streak in the series, holding the No. 24 Hawkeyes to 12 yards in the second half in a 12-10 victory Saturday. Down 10-3 at the half, the Gophers (4-3, 2-2 Big Ten) held Iowa (6-2, 3-2) to minus-2 yards in the third quarter. BIG PICTUREMinnesota: The Gophers, coming off an week, found enough points against the Hawkeyes, wearing them down in the second half while taking advantage of Iowa’s offensive ineptitude. Iowa: The Hawkeyes’ offensive problems haven’t shown signs of improving, and a defense that was wearing down in the second half couldn’t find a way to stop the Gophers.
Persons: — Dragan Kesich, Floyd, Cooper DeJean, DeJean, Justin Walley, Deacon Hill's, Kesich, Athan Kaliakmanis Organizations: IOWA CITY, Minnesota, Iowa, Hawkeyes, Gophers, Michigan State, Purdue, Gophers . Iowa, Big, Northwestern, AP Locations: IOWA CITY , Iowa, Rosedale, Iowa, Minnesota, Wisconsin, Gophers ., . Iowa
Due to the current job market, many recent college graduates are considering going back to school. Could now be a smart time to put your job search on ice and shift gears to graduate school? The prosYou avoid entering a limited job market and possibly stunting your compensationPatrick Mullane, executive director of Harvard Business School Online, explained one benefit of going to graduate school while the economy isn't robust. J. Celeste Walley-Jean, dean at Clayton State University's School of Graduate Studies & Inclusive Engagement, noted that another indicator that the timing may be right to attend graduate school is cost. "If you just graduated and can't find a job, grad school might seem like a great way to ride out the recession.
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