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2 mins read

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

China has been pushing for businesses to leave the door open for customers to use cash, with foreig…

Matthew Loh   


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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   


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7 mins read

Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy

Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …

Juliana Kaplan   


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4 mins read

Childcare in the US is broken. Half-measures from employers won't cut it — here's what will.

Not only does the lack of childcare keep women out of the workforce, it decreases consumer demand —…

Paul Constant   


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8 mins read

Meet the Gen Zers struggling to stay in work or school — and the parents who are at a loss for how to help

A rising number of America's young people are disconnected from work, school, and a sense of purpos…

Juliana Kaplan,Noah Sheidlowe…   


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3 mins read

California is putting up minimum wages to $20 an hour for fast-food chains – and it's likely going to drive up wages in other industries, too

Restaurants and stores compete for labor. If McDonald's and Chipotle pay more, that little coffee s…

Grace Dean   


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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…

Juliana Kaplan,Madison Hoff   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


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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   


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2 mins read

The March jobs report was the first good month for Black women in a while

In March, more Black women entered the labor market — and fewer Black women were unemployed. It's a…

Juliana Kaplan,Madison Hoff   


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7 mins read

Angus Deaton won a Nobel Prize in economics. Now he says he got it wrong on globalization.

Angus Deaton has been an economist for over fifty years. He's still rethinking his views.

Juliana Kaplan   


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2 mins read

Black immigrants earn about $6,000 less than other immigrant groups, even though they have the same share of college graduates

The number of Black immigrants earning degrees rose faster than any of their peers in the past 20 y…

Jason Lalljee   


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2 mins read

The Great Resignation is working for women

Women who switch jobs are getting big raises, per Atlanta Fed data. That's only part of the story; …

Jason Lalljee   


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4 mins read

Juliana Kaplan,Ayelet Sheffey…   


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3 mins read

Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise

Sen. Bernie Sanders is once again calling for a higher federal minimum wage. The current rate has b…

Juliana Kaplan,Eliza Relman   


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9 mins read

Japan's historic economic comeback shows just how screwed China is right now

China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get ev…

Linette Lopez   


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8 mins read

Meet the Americans who can't retire

Retirees used to count on ample pensions and a chance to unwind after a long career. Not anymore.

Juliana Kaplan   


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2 mins read

Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows

Union households hold just over $330,000 in median wealth, but the vast majority of US workers aren…

Juliana Kaplan   


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3 mins read

Boomers don't have nearly enough retirement savings, especially women

More men than women have $100,000 or more saved for retirement, per new Census data. It's a product…

Jason Lalljee,Hillary Hoffower   


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1 min read

These 10 charts show how women's economic situation has changed over the years

"Women's History Month is a reminder of the great deal of progress women have made," Maggie Jo Buch…

Madison Hoff