COVID-19

Asian business closed

Asian-Owned Businesses Took Biggest Overall Hit During the COVID-19 Pandemic

While stay-at-home orders, quarantining and social distancing had an impact on virtually all businesses last year — especially those run by small business owners — Asian American businesses (including restaurants, stores, nail salons and other service industries) appeared to suffer the largest overall losses, according to a new study from…

Black homeownership grows

Home Ownership Among Black Americans Increased Significantly in 2020 — But Rates Still Lag Dramatically Behind Whites

While the COVID-19 pandemic struck all Americans, Black men and women took the biggest hit, suffering greater levels of unemployment, poverty, food insecurity and even death from the virus than other races. But while all this was happening, something interesting and unexpected took place as well — homeownership for Blacks,…