Advertisements


In One Chart: How economic inequality is killing us

“Self-destruction isn’t a bug, it’s a feature of our socio-economic system,” writes Charles Hugh Smith of the OfTwoMinds blog. In other words, the widening chasm between the rich and the poor is killing us. Not in a spiritual way. Literally......»»

Category: topSource: marketwatchApr 18th, 2018

The House just passed a bill designed to strengthen worker rights. Here"s an astounding chart showing how the death of the union worsened economic inequality.

Mark Rightmire/MediaNews Group/Orange County Register via Getty Images The House voted on Thursday to pass one of the most sweeping pro-worker bills in decades, but it's likely dead on arrival.....»»

Category: topSource: businessinsiderFeb 7th, 2020

Dollar Stores Dominate US Retail Store Openings 

Dollar Stores Dominate US Retail Store Openings  The wildly uneven US economic recovery since the virus pandemic began in early 2020 has given rise to dangerous levels of inequality, otherwise known as the "K-shaped" recovery. .....»»

Category: blogSource: zerohedgeMay 8th, 2021

$4 Trillion Economic Stimulus

Biden’s $4 Trillion Economic Plan, in One Chart Source: New York Times     This is a pretty big deal, and its hard to judge if it is being recognized as such. i am going down the rabbit holes to see what.....»»

Category: worldSource: nytApr 29th, 2021

In One Chart: Debt markets getting the memo on the path of likely Fed rate hikes

This chart shows market players are less concerned now about the path of expected future rate increases from the Federal Reserve than a month ago, even as the U.S. economic outlook brightens......»»

Category: topSource: marketwatchApr 27th, 2021

JPMorgan CEO Jamie Dimon says the US faces 7 major hurdles to economic growth, including high healthcare costs and income inequality

"Fixing America's problems is going to take hard work," the CEO of the US' largest bank by assets wrote in his annual sharehold.....»»

Category: personnelSource: nytApr 7th, 2021

So This Is How The US Dollar Dies...

So This Is How The US Dollar Dies... Authored by Michael Snyder via The Economic Collapse blog, Our leaders are killing the U.S. dollar, and it is being done to thunderous ap.....»»

Category: worldSource: nytMar 11th, 2021

Demand For Used Private Jets Takes Off During Pandemic 

Demand For Used Private Jets Takes Off During Pandemic  In a troubling sign that economic inequality continues to widen in the pandemic recess.....»»

Category: smallbizSource: nytFeb 14th, 2021

2020 was the worst year for economic growth since World War II

New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»

Category: topSource: washpostJan 28th, 2021

2020 was the worst year for economic growth since the Second World War

New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»

Category: topSource: washpostJan 28th, 2021

The economic prospects of rich and poor Americans had long been diverging. The pandemic finally completed the break.

The pandemic worsened inequality so much it will take a decade for lower-income Americans to recover. .....»»

Category: topSource: businessinsiderJan 10th, 2021

In One Chart: As the U.S. stock market surges in 2020, inequality has soared to a record high

As stocks staged a huge rebound from their lows in March, when the coronavirus pandemic threw the economy into recession, the gap between the wealthy and the poor extended a widening trend to historic proportions......»»

Category: topSource: marketwatchDec 18th, 2020

A huge study of 50 years of tax cuts for the wealthy suggests "trickle down" economics makes inequality worse

Cutting taxes boosts incomes for the wealthy "but has little effect on economic performance,".....»»

Category: topSource: businessinsiderDec 16th, 2020

Job or health? Restarting the economy threatens to worsen economic inequality

Efforts to quickly restart economi.....»»

Category: topSource: bizjournalsApr 28th, 2020

Next Avenue: Working from home, the great divide: Why coronavirus is a double whammy for older workers

The pandemic highlights the economic consequences of widening inequality in the U.S......»»

Category: topSource: marketwatchApr 28th, 2020

Job or Health? Restarting the Economy Threatens to Worsen Economic Inequality

WASHINGTON — Efforts to quickly restart economic activity risk further dividing Americans into two major groups along socioeconomic lines: one that has the power to control its exposure to the.....»»

Category: topSource: moneycentralApr 28th, 2020

De Blasio picks wife to lead economic restart plan

tapped the city's brain trust from labor, government and real estate, as well as his own wife, to come together to reopen New York's economy with a focus on fixing inequality. " we="" have="" to=""... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 27th, 2020

Charts show how the pandemic has hit global economic activity

The coronavirus has spread to 185 countries and territories — infecting more than 2.7 million people and killing over 190,000 globally, according to Johns Hopkins University......»»

Category: topSource: moneycentralApr 24th, 2020

This Chart Shows E-Commerce Winners, Losers During Coronavirus Pandemic

The coronavirus is not entirely indiscriminate in claiming economic victims: some companies seem much more immune than others. L.....»»

Category: blogSource: benzingaMar 31st, 2020

Latest on the spread of coronavirus around the world

Hundreds of millions of people faced a world turned upside down on Wednesday by unprecedented emergency measures against the coronavirus pandemic that is killing the old and vulnerable and threatening prolonged economic misery......»»

Category: topSource: reutersMar 19th, 2020

Right now, the hottest economic battles are over the minimum wage and income inequality. But in 10 years we could be fighting over data inequality.

Sarinya Pinngam / EyeEm/ Getty Images Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the "Pitchfork Economics" podcast with Nick Hanauer. They recently inter.....»»

Category: topSource: businessinsiderMar 5th, 2020