In the U.S. today, the average African-American household owns just 6 cents for every $1 of wealth held by the typical white household, and blacks make up just 1.7% of the top 1% of wealthy Americans. But there are black members of the 1% who are working to change that. Tanzina Vega investigates the historical and contemporary racial barriers to wealth creation in the U.S.
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Month: August 2019
Secrets of a former high speed trader
High speed trader turned whistleblower David Lauer explains why he left the industry and how certain practices at computerized trading firms negatively affect the markets.
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Life inside a 'dome' home
See what it’s like to live in a house with a geodesic dome.
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How to build a $2 million tractor
Caterpillar workers hand-build the 229,000-pound D11 tractor in Peoria, Illinois.
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How China became the world's second largest economy
More than 500 million people have been lifted out of poverty since China’s economic reforms began in 1978.
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Dyslexia struggle brings 'Shark Tank' star to t…
“Shark Tank” host and entrepreneur Kevin O’Leary, aka “Mr. Wonderful,” tells CNN’s Poppy Harlow about his battle with dyslexia as a child saying, “I was really wondering if I was ever going to make it.”
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Moment Zuckerberg got into Harvard
Mark Zuckerberg releases video of his acceptance into Harvard’s class of 2002.
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See how diamonds are cut from rocks
Get a rare look at the entire process of how rocks are turned into magnificent sparkling diamonds in the hands of experienced craftsmen.
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Home with 360-degree ocean views for $3,600
The Clingstone House in Jamestown, RI, sits on an island in the middle of Narragansett Bay and cost former architect, Henry Wood, a mere $3,600 in 1961.
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Watch high-speed trading in action
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
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