Thursday, April 17, 2025

Tag: income inequality

Sanders calls for Biden to ‘do better’ amidst growing calls for...

Senator Bernie Sanders urges President Joe Biden to present a stronger agenda amidst rising calls for new leadership within the Democratic Party.

Should billionaires exist?

If capitalism were working properly, billionaires would have gone the way of the dodo.

New report reveals millionaires’ tax rates slashed by half since 1950s,...

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

Some new hope for a check on CEO compensation

A Delaware state court ruling has shaken up the pay world for corporate executives.

The rent crisis: Half of US renters face unprecedented housing affordability...

The study reveals a staggering 50 percent of U.S. renters were dedicating more than 30 percent of their income to cover rent and utilities.

Billionaires urge world leaders for higher wealth taxes at Davos Summit

Millionaires and billionaires, often seen as beneficiaries of global economic policies, are advocating for higher taxes on their wealth.

Billionaires’ wealth skyrockets by 114% amid global poverty surge

This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

Minimum wage rises across 22 states ushering in new era for...

The impact of these wage hikes will be closely watched as the nation grapples with economic challenges and seeks to balance the needs of workers and businesses.

Escalating crisis: A deep dive into America’s surging homelessness rates

Homelessness is a nationwide issue, but its impact varies significantly across states.

Amazon’s Black Friday fiasco: over 1000 workers rebel in historic pay...

As Black Friday sales surged, Amazon faced an unprecedented labor revolt. Over a thousand workers across the globe downed tools in a landmark strike, challenging the retail giant on wages and working conditions in a historic show of worker solidarity.

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Trump fast-tracks Great Lakes oil tunnel, triggering outcry over water and climate risks

Environmental groups and tribal nations warn the Line 5 tunnel project could endanger drinking water for 40 million people after Trump administration classifies it as an emergency.

Federal judge halts Trump administration freeze on billions in climate and infrastructure funds

Court rules that blocking congressionally approved aid for clean energy, public health, and environmental protection violated federal law and harmed communities nationwide.

How 77 tons of radioactive waste ended up in Brooklyn

A lawsuit charges National Grid, a major gas utility, with mismanaging a toxic industrial site near two densely-populated residential neighborhoods.

Israel declares permanent military zones in Gaza, vows to block humanitarian aid despite mass...

Defense minister confirms indefinite occupation of seized territory and continuation of full blockade as humanitarian agencies warn of catastrophic collapse and forced displacement.

Keystone XL oil spill shuts down pipeline and halts flow of millions of gallons...

An estimated 3,500 barrels of oil (147,000 gallons) spilled into an agricultural field in a rural area, about 60 miles southwest of Fargo.