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WEALTH INEQUALITY
Billionaires abound in California. Why not tax their wealth?No state may be a more natural fit for a tax on billionaires than California. The state leans left politically, needs funds for healthcare ...
Quote of the Day by Malala Yousafzai: ‘One child, one teacher, one book, one pen can…’ - How one person can spark global change with the simplest toolsIndividual determination can spark meaningful global change without massive institutions. Malala Yousafzai’s iconic 2013 United Nations quo...
Japanese Proverb of the Day: “Even the judgement of hell depends on money” — A timeless lesson that while money cannot guarantee every outcome, financial power can shape opportunities, influence decisions and affect access to justice, highlighting the importance of fairness and equality in societyJapanese Proverb of the Day: A Japanese proverb highlights money's power over judgment. This saying suggests wealth can sway even ultimate ...
In 2011, 'Occupy Wall Street' started in New York, prompting similar protests around the U.S., world, decade later Manhattan lady was rich by $431,000Occupy Wall Street quickly became known for the slogan “We are the 99%,” which was used to express concerns about the distribution of wealt...
No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...
Gates Foundation warns AI could widen inequality as foundation pledges $1B to expand accessAnd despite the United States' international aid cuts, Gates Foundation CEO Mark Suzman said he would continue pressing Congress and Presid...
Global Market: Japan inflation risks put BOJ rate path in focusJapan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank...
Tagore, the AI economy and the people left behindSan Francisco's tech boom highlights stark societal inequalities and wealth creation's dual nature. A public mural contrasts Lady Liberty's...
Quote of the day by Leo Tolstoy: “To evoke in oneself a feeling one has once experienced, ... so to transmit that feeling that others may experience the same feeling — this is the activity of art” A reminder that true art goes beyond perfection or technical skill and lies in honestly expressing emotions and creating a meaningful connection with othersQuote of the day Leo Tolstoy: He viewed art as a means to transmit genuine emotions. He believed true art connected people through shared f...
BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
China’s Gen Z is going back to Mao: How economic slowdown & workplace stress are making youth look to the late leader for answersMao Zedong's writings are captivating a fresh wave of audiences among the youth in China today. This resurgence is largely driven by econom...
Quote of the Day by Andrew Carnegie: 'The first man gets the oyster, the second man gets the shell.' Life lessons on recognising opportunities, taking initiative, ambition, timing and success from the Scottish-American industrialistQuote of the Day by Andrew Carnegie: Andrew Carnegie's quote emphasises the importance of taking prompt action when opportunities arise. He...
Psychology says people with more social freedom are far more optimistic and willing to delay immediate happiness for long-term successGreater freedom in forming new relationships within societies encourages individuals to forgo immediate pleasures. This relational agility ...
Japanese Proverb of the Day: “Heaven does not create one man above or below another man” — A lesson on how no one is born superior or inferior, and that true growth comes through learning, humility, hard work and creating equal opportunities for othersJapanese Proverb of the Day: People are not born inherently unequal, as Yukichi Fukuzawa believed. Education and knowledge significantly sh...
Japanese proverb of the day: “Even the judgement of hell depends on money” — a reminder that while money may not control everything, it can have a powerful influence on opportunities, decisions and justiceJapanese proverb of the day: A Japanese proverb suggests even hell's judgment depends on money. This saying reflects how wealth influences ...
Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
US billionaire Mark Cuban, worth more than $10 billion, has a bold plan to tackle wealth inequality. Shark Tank star wants companies to do...Mark Cuban, who is reportedly worth more than $10 billion, has proposed a new way to tackle wealth inequality: companies should either give...
German Saying of the Day: “It is all the same to the dead whether they are buried in silk or rags.” A reflection on life beyond wealthGerman Saying of the Day: “It is all the same to the dead whether they are buried in silk or rags” reflects on mortality, wealth and social...
From stock euphoria to panic: South Korea investors face painful market falloutSouth Korea’s KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned in...