You Searched For "wealth inequality" and got 20 results
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1 min read
3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality
Daron Acemoglu, Simon Johnson, and James A. Robinson won the prize for their "studies of how instit…
Polly Thompson
5 mins read
From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy
Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…
Serafina Kenny
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
2 mins read
Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
Author Chuck Collins says vast fortunes are a red flag and explains why Warren Buffett's post-death…
Theron Mohamed
2 mins read
Millennials have 'phantom wealth' hidden in their homes and 401Ks — but they don't feel rich
Millennials are wealthier than boomers were at this point in their lives. Home prices and retiremen…
Katie Notopoulos
1 min read
The top 4 ways big corporations are fueling global wealth inequality: report
In its annual inequality report, Oxfam International found it will take some 230 years to solve pov…
Katie Balevic
2 mins read
Inequality rising since 2000s, top 1% in India holds 40% wealth, says study
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 pe…
PTI
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
3 mins read
Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules
Dalio, whose company runs the biggest foreign hedge fund in China, says the country needs to start …
Matthew Loh
3 mins read
Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
Billionaire philanthropists may tackle problems that governments won't, but they could give better …
Theron Mohamed
3 mins read
Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
Nearly 10 million children were in poverty in 2023. It could become a key election issue.
Juliana Kaplan,Madison Hoff
2 mins read
The mortgage 'lock-in effect' could worsen wealth inequality and is likely to last for years to come, FHFA says
Unless mortgage rates fall significantly, the "lock-in" effect pushing up home prices will last a l…
Jennifer Sor
2 mins read
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
4 mins read
I'm a millionaire, but I'm only leaving my kids a small inheritance. I want them to earn their money like I did.
Payam Zamani arrived in the US with only $75 and is a millionaire. He is leaving his daughters a sm…
Kelly Burch
4 mins read
AI risks destroying jobs. Tech leaders think they have the answer.
Figures including Sam Altman think a form of universal basic income, or UBI, could be a solution if…
Beatrice Nolan
2 mins read
Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.
Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popu…
Juliana Kaplan
3 mins read
It's never been harder to build wealth. Blame high interest rates and the US housing market.
Buying a home builds wealth, but sky-high mortgage rates have pushed that goal out of reach for man…
Jennifer Sor
4 mins read
Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
Universal basic income is quickly gaining traction, with several trials and some famous proponents …
Theron Mohamed
3 mins read
History gives us a clue as to how we can solve global wealth inequality
Massive wealth inequality is a fairly recent invention. Understanding our past can help us better d…