From 2013 to 2016, the top 10% of U.S. households increased their share of total wealth from an amazing 75.3% to a stunning 77.2%. LM Otero / AP “The one who dies with the most toys wins.” “Them that ...
Economic inequality is not a story that can be told in the aggregate. Most economic data are averages, which means that greater inequality—more wealth in the hands of the few—mathematically masks the ...
The Nobel Prize in Economics was awarded Monday to a trio of U.S.-based researchers, for their study of the institutional roots of wealth and poverty among nations. Ever since Adam Smith wrote "The ...
The U.S. Supreme Court heard arguments on Tuesday over a dispute over a $14,279 tax bill—and the slightly more consequential question of what counts as income under the federal tax code, a definition ...
Amitrajeet A. Batabyal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...
A new survey indicates that women define wealth as something broader than just financial assets. The study found that women prioritize financial education, workplace equality, and freedom of choice.
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