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At the height of the pandemic, Americans saved a lot of money. Wealthier households turned that increase in savings into increased wealth. But for a lot of lower- and middle-income people, building wealth has been much harder.
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Medical debt declined during the COVID-19 pandemic, but it remains a massive issue for millions of Americans, afflicting Black people significantly far more than white people. That inequity is rooted in deep disparities in health and wealth, and Texas' policy choices make those disparities worse.
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A pandemic of debt: Many in DFW struggle with debt they took on to survive COVID’s financial stormFor a lot of North Texans, the arrival of COVID-19 set off a pandemic of debt. To those without much financial cushion, who worked in jobs with no remote option, the early days of the pandemic often meant racking up credit card bills to keep the family whole. Now, many are working to pay off pandemic debt.
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Americans have tacked on more than $2 trillion in household debt since the pandemic began. Dig into that eye-popping number, and an increasingly unequal America emerges.
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The city of Arlington is taking a data-driven approach to becoming more equitable through a new Unity Council.The diverse, 25-member group will determine…
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Despite the grim, long-standing realities of income inequality in the state, 2017 proved to be a year of solid economic improvement for Texas with ongoing…