wealth inequality

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Reddit CEO Steve Huffman defends his $193 million compensation following backlash from unpaid moderators

Reddit CEO Steve Huffman defends his $193 million compensation following backlash from unpaid moderators

By Orianna Rosa Royle

March 19, 2024

Marlene Engelhorn

‘Extreme wealth as power must be regulated’: 31-year-old heiress is letting 50 strangers give her $27 million fortune away

By Sophie Alexander and Bloomberg

March 15, 2024

Biden delivers State of the Union speech.

President Biden has a warning for the corporate world: Get ready for higher taxes and forget about that private jet loophole

By Emma Burleigh

March 8, 2024

Tesla CEO Elon Musk

Elon Musk quietly takes down post calling MacKenzie Scott a threat to civilization for giving billions away to social justice causes

By Christiaan Hetzner

March 7, 2024

Ruth L. Gottesman, Ed.D. speaks on stage during the Spirit of Achievement Luncheon held at The Rainbow Room on May 17, 2016 in New York City.

Longer-living women will reap windfalls in the $80 trillion Great Wealth Transfer. The ‘feminization of wealth’ is poised to reshape society

By Alicia Adamczyk and Joey Abrams

February 29, 2024

Man and woman with gray hair toasting each other with wine

Personal Finance

Older boomers won the pandemic after becoming a whopping $14 trillion richer, Fed data reveals—and Gen X is losing the race

By Chloe Berger

December 22, 2023

UAW’s Shawn Fain rips ‘the Musks of the world’ for taking advantage of workers ‘scraping to get by, paycheck by paycheck’

UAW’s Shawn Fain rips ‘the Musks of the world’ for taking advantage of workers ‘scraping to get by, paycheck by paycheck’

By Chloe Berger

December 8, 2023

Jamie Dimon speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City.

JPMorgan boss Jamie Dimon says America has failed its bottom 30%—and should stop sneering at Trump’s MAGA supporters: ‘What the hell have we done as a nation?’

By Chloe Taylor

November 30, 2023

Billionaire heirs just overtook self-made ones for the first time, UBS says—and they’re unlikely to pay the same taxes or care as much about philanthropy

Billionaire heirs just overtook self-made ones for the first time, UBS says—and they’re unlikely to pay the same taxes or care as much about philanthropy

November 30, 2023

Jeff Bezos and Lauren Sánchez just blew up the internet by describing their ‘pretty normal’ typical day amid surging billionaire backlash

Jeff Bezos and Lauren Sánchez just blew up the internet by describing their ‘pretty normal’ typical day amid surging billionaire backlash

By Chloe Berger

November 14, 2023

rishi sunak speaking pointing his hand upward

Rishi Sunak considers cutting the U.K.’s ‘most unfair tax’—but doing so would help Britain’s ultra-rich the most, says economic research report

By Prarthana Prakash

September 27, 2023

Women drop $15 billion more annually on medical expenses than men. How employers can fix the covert health insurance ‘pink tax’

Women drop $15 billion more annually on medical expenses than men. How employers can fix the covert health insurance ‘pink tax’

September 26, 2023

Stressed businessman, head in hands, sits before computer screen displaying stock market investments.

‘Richcession’ hits as 3.5 million millionaires lost their status last year—while the average person saw wealth spike

By Chloe Taylor

August 17, 2023

Ray Dalio

Billionaire Ray Dalio says the $73 trillion great wealth transfer isn’t just from boomers to millennials—it’s from the government to you and me

August 4, 2023

Young businesswoman using computer at desk in office

You’d need to work 5 lifetimes just to make your boss’s annual salary, report says

By Chloe Taylor

August 4, 2023

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