You Searched For "income inequality" and got 18 results
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3 mins read
The more money you have, the more money it takes to feel happier, new research says
New research suggests that as you move up the income ladder, it takes exponentially more money to g…
Juliana Kaplan
7 mins read
Social Security won't save you
Baby boomers who struggled to save for retirement say that relying on Social Security doesn't cut i…
Juliana Kaplan,Noah Sheidlowe…
7 mins read
America is missing a golden opportunity to boost the job market
Raising the minimum wage could be a win-win-win for the economy, workers, and even businesses. So w…
Emily Stewart
4 mins read
Baltimore gave young parents $1,000 a month. Participants used the money to pay bills and secure stable housing.
Baltimore gave low-income parents $1,000 a month for two years. Participants used the money for bil…
Allie Kelly,Noah Sheidlower
4 mins read
Chile redrafted its constitution to help end the nation's wealth gap. Here's how the fragile process is going and what we can learn from it.
Chile confirms that "things can change, and sometimes very quickly," when those in power lose their…
Paul Constant
3 mins read
History gives us a clue as to how we can solve global wealth inequality
Massive wealth inequality is a fairly recent invention. Understanding our past can help us better d…
Paul Constant
3 mins read
America's income gap shrunk throughout the pandemic, but inflation means it 'may be nothing but fleeting,' an expert says
The bottom half now holds $3.73 trillion of America's wealth, more than it's held for 20 years, Blo…
Taiyler Simone Mitchell
2 mins read
The lowest-paid workers saw their CEOs make 670 times their salaries last year — all while inflation cancelled out their raises
In 2021, some workers' salaries went down thanks to inflation. Meanwhile, some CEOs made 1,000 time…
Juliana Kaplan,Madison Hoff
3 mins read
An economist shares 3 policies that can reverse income inequality — and what the US can learn from them
Other capitalist countries have actively tried to reduce inequality through policy change — and suc…
Paul Constant
3 mins read
The massive gap between rich and poor Americans costs the US economy more than $300 billion every year, study says
The top 10% is the only group to have their income share grow since 1979. That's slowing economic g…
Ben Winck
3 mins read
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
2 mins read
The rich are getting poorer
The rich are still very rich. But a Bloomberg report finds that they've lost about $1 trillion this…
Juliana Kaplan
2 mins read
America's middle class has shrunk over the last half century as the economy rewards some and punishes others
Upper-income households barely saw a dent in their incomes during the pandemic, while everyone else…
Juliana Kaplan
3 mins read
Billionaires saw their wealth grow by 62% during the pandemic, while workers' wages grew by 10%
Around the country, millions of Americans are scrambling to get their taxes together. Many will pay…
Juliana Kaplan,Madison Hoff
2 mins read
Heiress Abigail Disney says 'billionaires are miserable, unhappy people,' and it's time for change: 'The billionaire bashing needs to happen. I don't know why we're being so polite.'
"My part of the American Dream is to step up and pay my fair share," the filmmaker and wealth tax a…
Juliana Kaplan
3 mins read
Biden's billionaires tax is 'better than nothing,' says leading wealth inequality researcher Thomas Piketty
Economist Thomas Piketty wrote the book on inequality. He told the New York Times things are changi…
Juliana Kaplan
5 mins read
Why so many Gen Zers are struggling to find a connection to work, school, and a sense of purpose
People between the ages of 14 and 24 are in their decisive decade. Many of them are dropping out of…
Allie Kelly,Noah Sheidlower
3 mins read
Gen Z and younger millennial women are outearning men in 16 cities and the reasons why could make the pay gap less severe
Female New Yorkers in their teens and 20s are earning 2% more than men the same age, according to a…