Economy News

The top 10% is the only group to have their income share grow since 1979. That's slowing economic growth, according to the Economic Policy Institute.

The GOP senator has consistently slammed Biden's plans to cancel student debt, arguing it will cost taxpayers and win Democrats votes.

Paul Knopp, CEO of KPMG in the US, told Insider the labor market will stay hot for the next few years.

After pushing it off for years, Americans of a certain age — namely, Millennials — may be deciding it's finally time to become parents.

Bennett College, a women's HBCU, held 462 school-related debts dating back as far as 1996. Over the weekend, the Debt Collective paid them all off.

When Maeg Yosef, a crew member at a Massachusetts Trader Joe's, heard about Starbucks unionizing, she said "well, we could do that."

Tackling climate change will require massive investments, but it can leave the world economy $43 trillion richer by 2070, according to Deloitte.

The "Gas for Guns" exchange program was supposed to run for five hours, but the police ran out of gift cards in just 45 minutes.

Manchin went back and forth with GOP Sen. Roger Wicker. He also raised new hope of a deal on President Joe Biden's stalled agenda.

European and Western countries have routinely sanctioned Russia in a bid to cripple its economy over its unprovoked war in Ukraine.

If Democrats fail to resurrect Biden's agenda, millions could see their healthcare premiums sharply rise a week before the midterm elections.

The US recovery puts its economy in a stronger position than other countries, Biden said, adding that a full rebound was "going to take some time."

Former students of defunct for-profit Westwood College have been waiting six years for student-loan relief, and advocates say it's time to deliver.

Wages for jobs that typically attract teenagers are rising, and some businesses are willing to hire a younger worker in a more senior role right now.

"I was just there, didn't even notice. I had an amazing three weeks," one woman wrote on Facebook in response to a question about protests and safety.

In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant Shein. The US produced 50 pandemic billionaires.

Shanna Bennett chose a career in business psychology thinking she'd make enough to pay her debts. Now she wishes she'd considered community college.

Oxfam is calling for permanent wealth taxes and windfall taxes on the super-rich and large corporations.

Christian Smalls went from getting fired by Amazon to kickstarting the labor movement. It's a tipping point after years of declining union membership.

Oligarch Oleg Deripaska is known for his lavish parties at Davos, where models dressed as flight attendants reportedly spoon-fed caviar to guests.

"I feel like we're always bracing for catastrophe," one millennial told Insider. "We're just kind of gonna throw our hands up and go through it."

Big Oil has taken advantage of inflation to raise gas prices. Here's how a new piece of legislation, the Big Oil Windfall Profits Tax, would combat that.