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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…
This soccer star who came from nothing has been funding universal basic income in his hometown for years
Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…
Theron Mohamed
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
A single mom who made $55,000 last year working 3 jobs says she's struggling to pay the bills but doesn't qualify for SNAP or affordable health insurance
A single mom who made $55,000 last year across three jobs says she can't pay the bills and doesn't …
Jacob Zinkula
A comprehensive guide to retirement planning in India: Secure your future
Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…
Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says
A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff…
Filip De Mott
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there
Millionaires are flocking to one place above all the rest this year: the UAE, a new report by wealt…
Kiera Fields
From ALICEs to geriatric millennials: Your complete guide to America's weird new tribes
Keep mixing up your DIPS and DINKs? You've come to the right place.
Erin Snodgrass,Jacob Zinkula
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
South Africa's cash giveaway plan is not universal basic income, experts say
A South African program would pay too little money to too few people to qualify as universal basic …
Theron Mohamed
Americans' growing wealth points to a boom in a tax-exempt corner of the bond market
Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…
Yuheng Zhan
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come
Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…
Jennifer Sor
Puerto Rican tax breaks are luring wealthy newcomers. A millennial says that's bad news for members of her generation with dreams of careers and homeownership.
Puerto Rico is becoming a popular destination for mainland Americans seeking tax breaks, but an inf…
Cork Gaines
Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner
Many Americans feel financially insecure and spend a fortune to appear wealthy, a financial planner…
Allie Kelly
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
For some millennials, the reality of their retirement plans is that they're a fantasy
New data shows a significant gap with how much millennials expect they need to retire ($1.7 million…
Dan DeFrancesco
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
Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.
Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popu…