The world’s super rich, says the latest snapshot of global wealth, have lost humungous sums over the past year. Have billionaires, as some observers claim, now ’suffered’ their way back to the rest of us?
Federal Reserve researchers have just delivered up a data dump that offers a cautionary tale — on inequality — that average families everywhere ought never forget.
Our new White House has begun a counterattack against America’s grand divide between the rich and everyone else. But we face, new stats from the IRS make clear, a dramatically uphill battle.
Our current economic meltdown may finally have ended the era that began when Ronald Reagan became President. Now a new study — from the Congressional Budget Office — helps us understand the inequality that has us melting.
Has any year ever showcased greed as dramatically as 2008? We sift through the avarice to bring you the highlights and lowlights — and a little hope for a less greedy 2009.
The GOP convention in St. Paul totally — and predictably — ignored the reality of America’s ever more flagrantly skewed distribution of income and wealth. Smart politics? We have the surprising answer.
Our planet’s ultra-rich have padded their fortunes to new record levels. Who says? The flaming radicals at Merrill Lynch.
Two decades of increasing inequality, a new state-by-state survey finds, have shoved poor and middle class Americans onto the same economic treadmill.
Our Gross Domestic Product keeps rising, but Americans are no happier. Why not? Little Bhutan has an answer Americans seldom hear.