America's richest households have never been so far ahead of everyone else. New federal numbers show the country's long running divide between asset owners and wage earners has cracked open again, ...
Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.
The gap between the rich and poor in America is huge and well-known. But what’s not very well known is just how large it is. According to the London School of Economics and Political Science, “The ...
The wealth gap in the United States isn't just wide—it's a chasm. The top 1 percent, about 1.3 million households, hold $52 trillion in net worth. The bottom 50 percent, 66 million households, scrape ...
Market Realist on MSN
Inequality in America at its worst as richest 1% hold wealth way more than they should
The K-shaped economy is to be blamed for this kind of disparity.
‘Affordability’ was the word that resonated across America during elections last week, reflecting voters’ demand for elected officials to... 'Affordability,' and the repercussions of the increasing ...
Adam Serwer, in his blog at the American Prospect, unpacks the results of a study on the growing racial wealth gap in America. Yesterday, the Pew Research Center released its report on the racial ...
It’s not every day one high school dropout gets to challenge a billionaire dropout, and likely the only dropout ever to reach outer space. I got this challenge idea reading in a recent edition of The ...
Elizabeth Warren wants to offer down-payment assistance to home buyers in formerly “redlined” neighborhoods where the federal government once denied access to mortgages. Cory Booker would like to ...
*Emmy nominated producer and Attorney Antonio Moore uses animation to explain the drastic difference between the wealth held by white and black families in America. Moore is working with political ...
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