Cora Lewis,

Cora Lewis is a reporter for Fortune covering racial equity and economic mobility. She joined the publication in 2021 after working as an editor at CNBC Make It and writing for various outlets including The Balance, Bankrate, and Credible. She has a bachelor's degree in journalism from New York University and a master's degree in business administration from Baruch College. She is based in Brooklyn, New York.

76%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

  • The article does not explicitly state any biases or opinions.

Conflicts of Interest

50%

Examples:

  • Closing the wealth gap is more difficult because a significantly larger number of white households traditionally have money in stocks and mutual funds.
  • None.

Contradictions

85%

Examples:

  • During the pandemic, the real value of Black-held financial assets dropped below its 2019 level and continued to decline steadily while Hispanic-held financial assets dipped below its 2019 level in 2022 and stagnated.
  • White individuals' net worth outgrew that of Black and Hispanic individuals by 30 percentage points and 9 percentage points respectively from the first quarter of 2019 through the second quarter of 2023.

Deceptions

80%

Examples:

  • The article uses deceptive practices such as omitting important information or context that contradicts the main claim. For example, it does not mention how much wealth Black households have in pensions and how that is more concentrated than white households.

Recent Articles

The Pandemic Widened The Wealth Gap Between White And Black Americans, Despite Government Support And A Strong Job Market.

The Pandemic Widened The Wealth Gap Between White And Black Americans, Despite Government Support And A Strong Job Market.

Broke On: Sunday, 11 February 2024 The wealth gap between white and Black Americans has widened during the pandemic, despite government financial support and a strong job market. White individuals saw an increase in real net worth by 30 percentage points compared to Black households' growth of only 9 percentage points. This disparity is not solely due to differences in stock ownership; it also stems from the fact that more than half of Black financial wealth is invested in pensions rather than stocks and mutual funds. Additionally, during the pandemic, the real value of Black-held financial assets dropped below their 2019 level while Hispanic-held assets remained relatively stable.