The top 1% saw its share of household income double from 1979 to 2022, going from 9% to 18%, the CBO said. The middle cohort saw the biggest decline.
Every January, we make grand resolutions about our finances. We promise ourselves we’ll save more, spend less, and finally get serious about investments. By March, most of these promises were ...
The ultra-wealthy’s dominant power in our political system forces the question: Should America limit billionaire fortunes? A ...
“We actually do face a moment in which there is a fundamental choice between oligarchy and democracy,” Oxfam America senior ...
US bombs are not the answer, but there’s much the outside world can do – starting with noticing the horror unfolding in Tehran, says Guardian columnist Jonathan Freedland ...
India tells platforms to curb 10-minute deliveries amid concerns for workers’ safety but there’s no incentive to comply.
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Innocent people are being frozen out of basic banking services – and it all traces back to reforms rushed through after 9/11 ...
A new year has unleashed a new round of debate on how much more money America’s super-rich should be paying in taxes. The fight over more taxes for the 1% isn’t new, but nagging questions in the ...
The net worth you need to be considered poor, middle-class and wealthy in America - An average net worth of $20,856 would be ...
The share of wealth owned by the 1% of richest people in the United States has reached a new record of 31.7% in Q3 of ...
We’re pleased to report the American middle class is indeed “hollowing out” — because ever more Americans are earning their way into higher income brackets. That runs counter to today’s populist gloom ...