Browsing: Wealth Gap
Children of property-rich parents get offered the best jobs—and new research has revealed why
It’s no secret that the children of wealthy families have an upper hand in success—money and connections have historically helped…
James Talarico says biggest ‘welfare queens’ are corporate giants ‘that don’t pay a penny’ in taxes
James Talarico, a 30-year-old former public school teacher and current Texas State Representative, is mounting a 2026 U.S. Senate campaign…
Despite flak for doom-spending their money, Gen Z may be more prepared for retirement than baby boomers, research reveals
Gen Z may be known for blowing money on the latest Taylor Swift concerts or luxury trips, but behind the…
Meet the world’s ‘super-billionaires’—they’re worth over $4 trillion, and two-thirds live in the U.S.
As the wealth gap continues to widen, more people are being propelled into the ultra-rich billionaire class—but there’s even another…
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…
Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’
Unlike luxury consumer goods brands such as Cartier or Louis Vuitton, Best Buy needs to appeal to a very wide…
Rich Americans are increasingly unaware they’re classed as wealthy, say analysts—and Bain say a rise in ‘luxury shame’ means they may try to hide it
In times of economic volatility, wealth is often a subject that becomes politicized. Under Trump 2.0, that means debates over…
The GOP is proposing $1,000 ‘MAGA’ savings accounts for kids. Here’s how they would stack up next to existing investment options
Republicans are proposing the creation of a new tax-preferred savings account for children dubbed the “money account for growth and…
Ultra wealthy Gen Zers are redistributing the millions of dollars they’ve inherited—Meet the money coaches helping them
Receiving a mountain of cold hard cash might be a dream come true for most. But for others, it’s a…
The American ‘oligarchy’ Biden denounced as a threat to democracy gained $1.5 trillion in net worth during his term
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