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How CultureCon Founder Imani Ellis Pivoted Through The Pandemic: CultureCon At Home Share to Facebook CultureCon Launched in 2016, The Creative Collective started in Imani Ellis’ one-bedroom Harlem apartment after inviting her friends over to connect and share. This year, as businesses shuttered their in-person operations in response to the Covid-19 Crisis, CultureCon is  expanding  with CultureCon At Home, a virtual, interactive conference for creatives, entrepreneurs and young professionals of color. It’s an extension to the collective’s yearly CultureCon conference that’s typical...

Disparities By Race, Ethnicity And Education Underlie Millennials Comeback In Wealth from the St Louis Fed -- this post authored by Ana Hernflndez Kent, Senior Researcher, Institute for Economic Equity; and Lowell R. Ricketts, Data Scientist, Institute for Economic Equity In the first post of this series, we found that older millennials (those born in the 1980s) had made significant gains in family wealth. They were only 11% below wealth expectations as of 2019, versus 40% below expectations in 2016. By “wealth expectations," we mean a predicted level based on the wealth held by families i...

Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City. Spencer Platt/Getty Images Older investors and younger investors have vastly different inflation expectations amid new stimulus. Those who lived through the "Great Inflation" fear price growth will run rampant, Deutsche Bank said. A material rise in inflation likely depends on younger Americans bracing for h...

Edward Berthelot/Getty Images Biden's stimulus could be the first step in lifting millennials out of their affordability crisis. Set back by two recessions, millennials inherited a broken economy from boomers. To ease the generational wealth gap, millennials need a long-term plan and seat at the table. Are financially burdened millennials finally seeing the light at the end of the tunnel? Designed to boost the economy during the worst crisis seen in generations, the law provides everything from additional funding for small businesses and vaccine distribution to h...

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