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US INCOME INEQUALITY
Cleaner city design can cool Barcelona by up to 1.75°C, but new white roofs and parks still cannot offset the more than 6°C warming scientists project by 2100, leaving heat risk high in the neighborhoods that need help mostAmerican cities are facing a deadly surge in heat-related deaths, with fatalities more than doubling since 1999. A new study reveals that w...
America’s 'midlife crisis' may not be what we think: A study reveals deeper issues and links middle-aged struggles to these factorsMiddle age in the US is increasingly marked by loneliness, stress, and declining well-being, unlike in many European nations where midlife ...
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
Saurabh Mukherjea’s global strategy: How Marcellus is hunting compounder stocks across 4 multi-trillion dollar megatrendsSaurabh Mukherjea of Marcellus is avoiding AI giants like Nvidia, instead focusing on companies enabling AI's physical infrastructure. His ...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
Jeff Bezos takes dig at Zohran Mamdani, imagines Amazon run like NYC schools: ‘Packages would take six weeks, cost $100 and still arrive wrong’Jeff Bezos criticized New York City's public school system's inefficiency, comparing it to Amazon's operations to highlight administrative ...
High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's whyAmazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...
Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
The hidden 401(k) transformation Wall Street wants could fuel economic growth — but experts warn Americans may face greater retirement dangersTrump 401(k) private market investments are becoming one of the biggest retirement and economic debates in the United States. The White Hou...
Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the mostQuote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of...
The man who predicted the last crash says something much worse is coming — are you prepared?America’s $38.9 trillion national debt is now reshaping how millions think about money, retirement and survival. Robert Kiyosaki says the U...
Gen Z conspiracy: China thinks the West is pushing its youth to quitIn a cultural shift, many young Chinese individuals are opting for 'lying flat'—a lifestyle choice that rejects pressures of constant work ...
One of the world's top economists just dropped a chilling 8-week recession ultimatum — here's what must happen nowGlobal recession warning: The global economy faces an urgent 4-to-8-week deadline to avert a recession, with a key oil route's reopening be...
Quote of the Day by Kofi Annan “The quality of a civilization can be measured by the.....” Life lessons on what power truly signifies— moral authority, restraint, and responsibility— by a man who challenged the idea that strength lies in control, redefining it as the ability to elevate othersQuote of the Day by Kofi Annan: More than 75% of global wealth sits with the top 10%. The rest struggle for basic dignity. This is not just...
The myth of India’s extreme inequality: What the data gets wrongRecent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61...
Greater diversity, fewer marriages, and rising housing costs: How the US changed in Biden’s final yearThe US Census Bureau's latest data reveals a slight dip in income inequality and a rise in median household income. The nation is becoming ...
View: Recalculate inequality — it hasn’t worsened over time, it’s stayed the samePiketty and Chancel analysed different periods of taxation in India, and concluded that inequality dropped sharply from 1950 to the early 1...
Inequality increased in China, India and US: IMFIn contrast, if one looks at inequality country by country, it become obvious that most people around the world live in countries where ine...