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The Wall Street Journal: ‘This has become the inequality virus’ — COVID-19’s next challenge is the growing divide between rich and poor economies
COVID-19 is reopening a rift between economies in the world’s richest and poorest nations, driven by growth rates that are moving firmly in opposite directions......»»
Outside the Box: Biden may have to relent on the SALT cap to get his tax plan through Congress
But then some rich people could see a tax cut -- despite an increase in capital-gains tax......»»
Leon Cooperman made a bearish stock forecast, said rich people should pay more taxes, and addressed his Elizabeth Warren feud in a recent interview. Here are the 10 best quotes.
The investing legend is bearish on stocks in the longer term. He also said wealthy people should pay more taxes but not through a wealth tax. Leon Cooperman decried the p.....»»
JPMorgan is offering rich clients a way to ride the market waves created by massive investors
JPM has issued $15 million of structured notes that will allow investors to analyze trading patterns caused by market whales, according to Bloomberg. People walk past a branch of C.....»»
The Rich Get Richer: Jeff Bezos, Elon Musk Top Forbes" 2021 List Of World"s Billionaires
Forbes Magazine has compiled the 2021 edition of the World’s Billionaire’s list, with 2,755 men and women ranked as the richest people on Earth — up from 660 more than a year ago. read more.....»»
‘People shouldn’t be afraid of the word white privilege’: New labor secretary talks inequality, racism and union power in first interview
Walsh, the son of Irish immigrants, talked about his first job, as a paperboy for the Boston Globe, highlighted racial disparities in the labor market, and spoke about the importance of unions......»»
‘People shouldn’t be afraid of the word white privilege’: New labor secretary talks inequality, racism, and union power in first interview
Walsh, the son of Irish immigrants, talked about his first job, as a paperboy for the Boston Globe, highlighted racial disparities in the labor market, and spoke about the importance of unions......»»
SCOTT GALLOWAY: We"ve replaced capitalism with cronyism, where the ultra-wealthy are protected and future generations are screwed
The US consciously makes life better for the rich by not letting big companies fail - resulting in the moral and economic crisis that defines us. Modern day "capitalism" in America means flattening the risk curve for people who alread.....»»
From podcasts to Clubhouse, audio is filling more of our time. For some families, that’s a problem.
Audio content can connect people to strangers and make them feel less alone, but it’s possible to listen too much......»»
Brett Arends"s ROI: I’m planning to retire early — and rich — thanks to NFTs
Anything has value if people are willing to pay for it.....»»
Key Words: ‘Go out and buy yourself some gold’ if Warren’s wealth tax passes, says billionaire Leon Cooperman
If Sen. Elizabeth Warren's proposed wealth tax on fortunes worth more than $50 million becomes law, rich people will be looking for ways to hid their wealth, billionaire investor Leon Cooperman says......»»
Billionaire Leon Cooperman confirms the wealth-tax implementation problem: rich people will hide assets
Leon Cooperman said Sen. Warren's "foolish" wealth tax has "no merit," questioned whether it's legal, a.....»»
Bill Gates says he"s not bullish on bitcoin as it uses "a lot of energy" - and warns people who aren"t as rich as Elon Musk against buying into the boom
According to the billionaire, bitcoin uses a lot of energy and causes trouble for investors who buy into it that may not have mu.....»»
Coronavirus Update: UN chief joins WHO in slamming rich countries for hogging COVID vaccines
The head of the United Nations has sharply criticized developed countries for hogging COVID-19 vaccines and called for a global effort to get all people in all countries vaccinated as soon as possible......»»
Does winning the lottery make you happy? Three people who suddenly became rich discuss how they feel a year later
In a ZDF report for the format "37 Grad", three winners of a .....»»
Why income inequality is the key predictor of COVID-19 death rates, according to 3 Kellogg School professors
Researchers found that low-income people faced more COVID deaths because of disparities in access to healthcare and health preconditions. Researchers found a staggering difference in death rates between low- and high-income people. B.....»»
Key Words: Dave Ramsey is against stimulus checks because ‘if $600 or $1,400 changes your life, you were pretty much screwed already’
The radio host drew outrage on Twitter for overlooking systemic inequality and the pandemic's impact on people’s finances.....»»
Hedge-fund billionaire Ray Dalio fears the GameStop frenzy was really about wealth inequality
"The system doesn't work for most people, and so it needs to be reengineered otherwise we're gonna have a civil wa.....»»
Billionaire Leon Cooperman says GameStop surge will "end very badly for the public" and decries people "attacking" the rich
Leon Cooperman defended short-sellers and decried attacks on the wealthy as he said the GameStop surge would "end very badly" for the public. Leon Cooperman decried the pub.....»»
The world is "on the brink of a catastrophic moral failure" by failing to get vaccines to poorer countries, the WHO warns
It's not right that young, healthy adults in rich countries get COVID-19 vaccines before health workers or older people in .....»»