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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Uncertainty looms over Trump’s assassination attempt: FBI questions details
FBI Director Christopher Wray’s testimony reveals doubts about whether Donald Trump was hit by a bullet or shrapnel during an assassination attempt, raising questions about the investigation’s progress and transparency.
Vance’s popularity crisis: Can the RNC afford to keep him on the ticket?
Polling reveals deep unpopularity for GOP vice presidential nominee J.D. Vance, raising questions about the Republican Party’s strategy and the potential consequences for the 2024 election.
American healthcare workers demand Biden and Harris end support for Israeli assault on Gaza
As President Joe Biden and Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu, American healthcare workers who volunteered in Gaza urge U.S. leaders to end Israel’s assault, citing the atrocities witnessed firsthand.
Public opposition to Project 2025 surges as Trump distances himself
Awareness and disapproval of Project 2025 increase significantly despite Trump’s attempts to disassociate from the controversial conservative policy agenda.
730 million people faced hunger last year: A global crisis demanding urgent action
The latest UN report reveals alarming levels of hunger and malnutrition, highlighting the need for urgent political and financial commitments to address food insecurity worldwide.