Of the roughly $69 trillion in wealth that is professionally managed in the United States, 98.7 percent is managed by firms owned by white men. You read that right: Firms owned by women and people of color control only 1.3 percent of that pie. 3:01 a.m.
The state Latino poverty rate is nearly 5 percentage points higher than the national Latino rate, more than 6 percentage points higher than the state’s Black poverty rate, and more than three times as high than the state’s white poverty rate. 8:02 a.m.