Browsing: Inequality
Before California, France tried a wealth tax. Rich people fled the country instead of paying
In November, Californians will vote on the state’s proposed tax on billionaires, which, if passed, will slap a one-off 5%…
A comprehensive new report released by the Congressional Budget Office (CBO) portrays a stark transformation of the American economy over…
Forget the K-Shape: We have a barbell economy—and the middle class is buckling under the weight
If you look at the aggregate numbers, the U.S. economy in early 2026 appears resilient. GDP is humming and the…
The analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame
Albert Edwards, the long-standing strategist at Société Générale known for offering the “alternative view” within the institution, believes the recent…
Nvidia turns negative after Ray Dalio warns the latest market boom is a ‘big bubble with big wealth gaps’ poised for a politically explosive bust
The stock market’s early rally fizzled by the afternoon, with the S&P 500 swinging from a nearly 2% gain to…
South Korean banks offer baby bonuses, flexible schedules, and years-long sabbaticals while U.S. women leave the workforce in droves
Working women across the world continue to face wage inequality and a rollback in leadership representation—and the “motherhood penalty” makes…
Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’
President Donald Trump promised on Monday that his administration will begin issuing $2,000 “tariff dividend” checks to Americans around the…
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…
The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says
America’s consumer economy showed renewed signs of strength in July, but the gains are not being shared equally. According to…
A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case
Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international…












