Realtime Inequality News Today

The great billionaire wealth transfer means people born very, very rich are going to stay very, very rich.

“Labor Day this year should be more than a day off or a celebration of organized labor’s past.”

If Bidenomics tames inflation and raises white-collar wages, Biden’s embracing and rebranding of Bidenomics may just win him reelection in 2024.

An intergenerational transfer of wealth of trillions of dollars is in motion in America. And just like in Succession, dynastic wealth is centre stage.

New York Times: The oldest of America's 73 million baby boomers are now 80.

What seems most likely is that even if a soft landing is achieved, it will be smoother for some households and businesses and rockier for others

Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.

The central economic debate in the United States right now is how aggressive the Federal Reserve should be in its effort to reduce inflation. Few economists are arguing against the

Overzealously fighting inflation to help lower-income workers might actually do the opposite.

Those with a net worth of $166,000 or less before the pandemic are in the strongest relative financial position in a generation.