Jamie Dimon, the Wall Street banker, and Bernie Sanders, the socialist U.S. Senator, agree on something: Income inequality is a huge problem in the United States. They are right. Even before the ...
As Congress debates what it will take to give the American people an economic lifeline during the COVID-19 pandemic, state and city leaders are scrambling to provide relief. Many workers in Sacramento ...
For many employees, the traditional pay cycle—typically monthly or biweekly—is sufficient to meet their financial obligations. However, those who are living paycheck-to-paycheck may be forced to spend ...
While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...
Imagine a world where access to clean energy not only powers homes but also lifts millions out of poverty and reduces ...
The U.S. economy is more dependent than ever on the lavish spending of the wealthiest, The Wall Street Journal recently reported. The top 10% of earners (households making $250,000 per year or more) ...
The U.S. may have the highest level of income inequality of the G7 nations, but new research suggests that disparity has actually stabilized over the last decade, thanks to rapid growth in wages for ...
The severe impact of the COVID-19 pandemic is clearly seen in the numbers: more than 3.1 million deaths and rising, 120 million people pushed into extreme poverty, and a massive global recession. As ...
Everyone knows that inequality has gotten out of hand in the United States. Thanks largely to the work of three now-famous economists—Thomas Piketty, Emmanuel Saez, and Gabriel Zucman—it’s probably ...
Income and wealth inequality in the United States is substantially higher than in almost any other developed nation, and it is on the rise, sparking an intensifying national debate. The 2008 global ...
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