Browsing: economic inequality
120 millionaires signed a letter begging the British government to tax them more: ‘We can afford it’
The “Proud to Pay” campaign, organized by Patriotic Millionaires UK, has drawn support from some of the country’s biggest stars—including…
Jamie Dimon on why people are anti-rich: ‘We have, in fact, left the lower-income folks behind’
The bottom 50% of households in the U.S. own only $4.27 trillion of the nation’s $174 trillion in available wealth.…
What is the K-shaped economy, where the rich are getting richer and the poor are struggling?
It all began with an anonymous Twitter handle named “Ivan the K.” The self-appointed “Lead Independent Director of Finance Twitter”…
America’s wealthiest billionaires got $698 billion richer this year—and Trump’s tax policy could give them a new windfall
Now, a new report from Oxfam has revealed that the 10 richest U.S. billionaires added $698 billion to their net…
Porsche Design plans $40 million luxury apartments in Bangkok, where the average salary is $16,000
German luxury carmaker Porsche’s design arm has unveiled its next big project, but rather than unlocking the doors to a…
A week ago, Starbucks’ new CEO was a ‘messiah’ … and then everyone found about his 1,000-mile private jet supercommute
A week ago, Starbucks’ new CEO, Brian Niccol, was described as the “messiah” that the ailing coffee giant was looking…
Shareholders are on a spree, raking in more in dividends than the average worker makes in eight months
The shareholder takes it all, the worker standing small— in the adjusted words of ABBA. These days, investors of companies…









