Browsing: Wealth Gap
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…
Pay for executives skyrocketed 12.6% last year, dwarfing the 4.1% raises for rank-and-file employees
The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press…
Ohio’s historical society is one step away from gaining control of ancient ceremonial and burial earthworks maintained by a country…
The world’s super-rich club now has 15 members with fortunes over $100 billion, the most on record, as they ride…
Canada proposes higher tax on 0.1%—For anyone under 40, it’s ‘just harder to establish yourself,’ finance minister says
Canadian Prime Minister Justin Trudeau ’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the…
American comedian Tim Dillon slams hypocrisy of baby boomers giving property advice to Gen Z and millennials: ‘They are these paranoid people who refuse to leave their McMansions or retire’
If Gen Z and millennials stopped wasting their salary on avocado toast and lattes they could buy a home, critics…
Stuck between unpaid childcare and eldercare duties, women might not be able to afford their own retirement
As soon as women get their heads up from the waters of childcare duties, they’re often hit by another wave:…
White people’s net worth outgrew Black Americans’ by 30 percentage points in the pandemic, New York Fed study finds
A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends…












