America"s "1%" Hasn"t Controlled This Much Wealth Since Before The Great Depression

Authored by Jesse Colombo via RealInvestmentAdvice.com, MarketWatch published a piece today called “It’s been almost 100 years since America’s 1% had this much wealth“: It’s not fashionable to wear flapper dresses and do the Charleston, .....»»

A new study puts wealth inequality in a historical and, perhaps, worrying perspective......»»

The only other country with similarly high levels of wealth inequality is Russia. Income inequality in the U.S., which has steadily been increasing since the 1980s, has reached levels last seen in the y.....»»

Embed from Getty Images Berkshire Hathaway (NYSE: BRK.B) is one of the last great conglomerates remaining in America. It is also the investment h.....»»

Australia uses a system called superannuation where companies are required to contribute to employees' retirement funds. Australia requires that employers contribute to employees' retirement funds.Michael Dunning / Getty ImagesAustralia.....»»

The United States is home to nearly 40% of the world’s millionaires, according to a report from Credit Suisse, a Zurich-based investment bank. However, in a country with one of the largest gaps in wealth ine.....»»

Ronald Read led a humble life......»»

America is a country that is known for its stark inequality in income. The richest part of the population (top 1%) owned 32.3% of the nation’s wealth, according to a report in 2022. This is in stark contrast to the bottom 90% which holds.....»»

Bank of America Corp.'s Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up the phone......»»

COVID 'Billionaire Boom' Has Seen Aggregate Wealth More Than Double To $13 Trillion America's billionaire class is now the second most "bloated" in the world after...Sweden? If that sounds strange, it's just one example of how t.....»»

In moments of national crisis like the pandemic, history demands the federal government act boldly — not only to overcome the crisis but to build long-term opportunity and economic investment in our community. Out of the Great Depression, P.....»»

Hiring was much weaker than expected in April. Wall Street thinks it’s a blip, but there could be much deeper rethinking going on of what jobs are needed and what workers want to do on a daily basis......»»

Torrent Of Federal Cash Stifling Return To Work As Fed Repeats Historic Error... In Reverse Authored by Mark Glennon via Wirepoints.org, "Regarding the Great Depression,... we did it. We’re very sorry... We won’t d.....»»

As office buildings grapple with how to cope after a year of working fr.....»»

Gun deaths keep adding up and yet leaders do nothing to address the problem. How much tragedy would fina.....»»

Favorable views of the U.S. abroad have increased since Trump left office.....»»

Six Flags Great America in Gurnee is operating at reduced attendance levels utilizing a reservat.....»»

Buchanan: Is America Led Today By Anti-Americans? Authored by Pat Buchanan, How can America unite again to do great things if.....»»

Make America Great Again. ̵.....»»

Home prices have soared in the last year. This has been true in the great majority of America’s cities and suburbs. Some of the increase has been driven by low mortgage rates. The fact that........»»