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Maybe Crazy Rich Asians was onto something.
One chart shows how steep of a decline there’s been in the percentage of children outearning their parents since the 1940s
"It's basically a coin flip as to whether you'll do better than your parents," Stanford University professor Raj Chetty said.
You now need to make more than $500,000 a year to be in the 1% in America, new study shows — and that’s the highest it’s ever b...
The median taxpayer's income — $41,740 — may have grown 20% since 2011, but the threshold to join the 1% has grown 33%.
‘The inner city schools are not failing because of banks, okay?’ — JPMorgan CEO Jamie Dimon defended Wall Street against claims it...
Dimon pointed to banks' investments in health, training, infrastructure, and other areas when asked about rising anti-bank sentiment.
In 1982, the richest American was only worth $2 billion. In 2019, the country's richest billionaire, Jeff Bezos, is worth $114 billion.
From Tesla to McDonald’s, these are the 20 CEO-enriching companies that would get hit hardest by Bernie Sanders’ new inequality tax
The Democratic presidential hopeful announced a new tax plan aimed at bridging the pay gap between the high-paid top executives and their employees.
"The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees," Sanders said in a statement.
The gap between the rich and the poor in the US has widened to a record high, and it mirrors the growth of ‘dynastic wealth’
Income inequality is the highest it's ever been — and the median household income has barely grown in 20 years when adjusted for inflation.
"I am saying this as a person who has struggled."
Democratic candidate Andrew Yang just promised to give 10 American families $12,000 over a year of ‘universal basic income.’ Here’s ...
Elon Musk endorsed democrat Andrew Yang for president. Yang's plan for the US wealth divide is universal basic income. Here's how basic income works.