Since 1979, income growth has risen at a faster rate for the country’s richest 1% — while only modestly growing for the bottom 99%. In other words, the American inequality problem is very real.
Bard College economist Pavlina Tcherneva has cooked up a frightening and much-shared income-inequality chart (see above) — “the most important chart about the American economy you’ll see this year,” ...
This is a guest post by Vishal Shah, the dean of the Division of Math, Science, and Health Careers at the Community College of Philadelphia, and Gerald Lopez, the director of operations and business ...
At Money Morning, we dive deep into the unconventional trends shaping markets and turn passive, cryptic headlines into concise and actionable strategies to build your wealth.
Income inequality in California has reached one of the highest levels in the nation, with the wealthiest families earning significantly more than those at the bottom, according to the U.S. Census ...
College towns increasingly attract new residents as they offer ample job opportunities, cultural events and lower home prices than city averages, but there may be a dark side to life in these ...
NEW YORK (Reuters Life!) - As the rich get richer and the poor fall further behind, levels of happiness and satisfaction drop, but only among people with modest and lower incomes, a new study shows.