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2 mins read

Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru

Author Chuck Collins says vast fortunes are a red flag and explains why Warren Buffett's post-death…

Theron Mohamed   


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2 mins read

As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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3 mins read

Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says

Billionaire philanthropists may tackle problems that governments won't, but they could give better …

Theron Mohamed   


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3 mins read

Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.

Nearly 10 million children were in poverty in 2023. It could become a key election issue.

Juliana Kaplan,Madison Hoff   


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2 mins read

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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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 Sheidlower,Allie Kelly   


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2 mins read

Obama says Harris would make the economy fairer as president — while Trump would help his rich friends

Barack Obama said Kamala Harris would widen access to good jobs, schools, and housing, while Donald…

Theron Mohamed   


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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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10 mins read

The heartbreaking cost of modern dating

From pricey restaurants to premium apps, the soaring cost of going on dates is pricing young single…

Juliana Kaplan   


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2 mins read

Mark Cuban says billionaires show why America is special — and it's patriotic to get obscenely rich then pay big taxes

Mark Cuban said the potential to become a billionaire is part of what makes America special, and he…

Theron Mohamed   


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2 mins read

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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1 min read

Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty

Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…

Katie Balevic   


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2 mins read

The US battle against Chinese trade could hurt the Americans it's supposed to protect, Harvard professor says

Putting up higher barriers presents a separate set of risks, Kenneth Rogoff said.

Filip De Mott   


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2 mins read

Inequality rising since 2000s, top 1% in India holds 40% wealth, says study

Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 pe…

PTI   


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4 mins read

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Universal basic income is quickly gaining traction, with several trials and some famous proponents …

Theron Mohamed   


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3 mins read

A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse

Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…

Madison Hoff   


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5 mins read

Welcome to the age of geriatric millionaires

Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…

Juliana Kaplan   


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3 mins read

Incomes are either rising too slowly or falling at the lower end of the bracket

India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…

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6 mins read

The big lie about sleep

When it comes to slumber, what matters most is how rich you are.

Jeremy Ney   


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4 mins read

The US inequality gap is quietly getting smaller

The income inequality gap has been narrowing since 2015, with lower-wage workers receiving more rai…

Noah Sheidlower