by Alan Pyke Posted on August 11, 2014
The $40.24 billion in combined quarterly profits that U.S. banks reported from April to May is just a rounding error short of the all-time record.
New analysis confirms a disconnect between job growth for the middle class and profit growth for the ownership class.
by Alan Pyke Posted on August 5, 2014 Updated: August 5, 2014
The interim president of a historically black college in Kentucky is giving up a quarter of his salary so that 24 low-wage workers can get a raise.
by Alan Pyke Posted on July 28, 2014 Updated: July 30, 2014
Household wealth has rebounded at the top, but continues to slide for families in the middle and at the bottom of the economic ladder.
by Bryce Covert Posted on June 10, 2014
States with family-friendly policies have better economic mobility despite having higher shares of single mothers.
by Bryce Covert Posted on June 2, 2014 Updated: June 2, 2014
The rich are much less likely to support spending to lift people up and quicker to support cuts.
by Alan Pyke Posted on May 30, 2014
The estate tax will capture less than 10 percent of that total, according to a new study, because the rich have gotten craftier about avoiding taxes.
by Alan Pyke Posted on May 6, 2014
Wealth inequality is rising, which should mean we'll crown the first-ever trillionaire by 2040.
by Alan Pyke Posted on April 25, 2014
Companies with CEO-to-worker pay ratios below 100 would be rewarded with a tax cut.
by Alan Pyke Posted on April 24, 2014
Republicans are pushing a regressive income tax cut with a sentence that could eliminate taxes on earnings above $9,000.