Wednesday, February 19, 2025

Tag: wage inequality

New Year minimum wage hikes hopeful to boost consumer spending, strengthen...

In 2025, 15 states plus Washington D.C. have scheduled minimum wage increases to $15 or higher.

Millions who prepare America’s food go hungry: Why food service workers...

Food service workers prepare meals for millions but often can’t afford to eat themselves, facing low wages, food insecurity, and corporate resistance to change.

Trump’s tax plan: More wealth for the rich, less for working...

New report reveals the potential impacts of corporate tax cuts on income inequality, with wealthy Americans benefiting while the bottom half suffers.

CEO pay soars 1,085% since 1978, workers’ pay stagnates

This widening gap reflects a troubling trend in the U.S. economy, where wealth continues to concentrate at the top, leaving ordinary workers behind.

Low-wage corporations spend over half a trillion on stock buybacks while...

A new report reveals that the largest U.S. corporations, notorious for paying poverty-level wages, have spent more than $522 billion on stock buybacks since 2019. This practice enriches wealthy executives and shareholders while leaving workers behind.

Essential jobs and public school teachers in the US fail to...

Home health aides, retail salespersons, fast-food workers, and public school teachers are essential to the economy and society, yet their wages fall far short of the cost of living.

Corporations that pay their executives more than Uncle Sam

Tesla, Ford, Netflix, and T-Mobile are among scores of profitable U.S. firms that pay their top executives more than they pay in federal taxes.

200-to-1: Gap between CEOs and workers grew even wider in 2023,...

Despite inflationary pressures, CEO compensation in the S&P 500 soared nearly 13% in 2023, further widening the pay gap with average workers.

California’s $20 minimum wage for fast food workers goes into effect:...

Fast food workers at establishments with at least 60 locations nationwide will see their wages increase to $20 an hour, a substantial uplift from the federal minimum wage of $7.25.

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.

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What the tawdry stunt to rename the Gulf of Mexico exposes about appalling, arrogant...

Behold imperial bellowing, another classic MAGA “bargain” that costs millions and lowers our prestige.

Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

Trump’s education department freezes civil rights investigations while targeting schools over ‘culture war’ issues

Since returning to office, the Trump administration has stalled thousands of civil rights investigations in education while redirecting federal enforcement toward politically motivated cases.

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.

Trump official destroying USAID secretly met with Christian nationalists abroad in defiance of US...

Peter Marocco’s turbulent tenure during the first Trump administration sheds light on his current efforts to dismantle the American foreign aid system from the inside out.