Browsing: Wealth Gap
Even households earning over $150,000 a year are living paycheck to paycheck, Bank of America says
It’s no surprise that everything is more expensive these days. (Tickets to the World Series are the most expensive of…
‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
Taking a modern-century spin on “Let them eat cake,” shareholders are having the whole cake, and eating it too. It’s…
When it comes to the presidential election, what once was like the Kentucky Derby has been turned into a Formula…
The crisis continues at Boeing, and the aircraft manufacturer announced Friday that it plans to lay off around 17,000 employees,…
Over the past 30 years the U.S.’s top 1% got richer, and now hold nearly a third of the nation’s wealth
If you ever get the feeling that the rich keep getting richer, you’re not wrong. Not only do America’s top…
Sales of dog strollers outpace baby strollers in the country with the world’s lowest birth rate
Man’s best friend might end up replacing him, that is if we keep it up. It’s only natural given that…
The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.…
Korean Air is ditching instant noodles for economy passengers—but wealthy fliers can still have them
Turbulence is knocking a beloved instant-noodle offering off Korean Air’s economy menu. Cups of Shin Ramyun instant noodles, a favorite among…
Millennials and Gen X will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion
A windfall is on the cards for young people courtesy of a massive wealth transfer which will take place over…
Elon Musk can’t just ask ‘his brother and his besties’ at Tesla to pay him $46 billion, NYC comptroller says
Some shareholders are clearly in the camp that the pay package is too high and a strong indicator of failed…