But others said they would rather the money go directly to child care or pre-K because it would help mothers work. “I’m always very sensitive to policies that even unintentionally […]
Income Inequality
Trending topics and news from the Income Inequality category
Back to news homeWorld’s Growth Cools and the Rich-Poor Divide Widens
As the world economy struggles to find its footing, the resurgence of the coronavirus and supply chain chokeholds threaten to hold back the global recovery’s momentum, a closely watched report […]
Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor
Moderna’s market value has nearly tripled this year to more than $120 billion. Two of its founders, as well as an early investor, this month made Forbes magazine’s list of […]
‘Squid Game,’ the Netflix Hit, Taps South Korean Fears
In “Squid Game,” the hit dystopian television show on Netflix, 456 people facing severe debt and financial despair play a series of deadly children’s games to win a $38 million […]
How Black and Hispanic Millennials Are Looking Outside of 401k’s for Investing
“We almost went bankrupt,” he said. “We lost almost $350,000.” To date, Mr. Napoleon has been able to replenish only a fraction of the savings he poured into the business, […]
In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.
“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the […]
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
Four decades ago, Deng Xiaoping declared that China would “let some people get rich first” in its race for growth. Now, Xi Jinping has put China’s tycoons on notice that […]
From Cradle to Grave, Democrats Move to Expand Social Safety Net
WASHINGTON — When congressional committees meet this week to begin formally drafting Democrats’ ambitious social policy plan, they will be undertaking the most significant expansion of the nation’s safety net […]
Why China’s Young People Are Embracing Chairman Mao
They read him in libraries and on subways. They organized online book clubs devoted to his works. They uploaded hours of audio and video, spreading the gospel of his revolutionary […]
Knowing What Your Co-Worker Makes Doesn’t Close the Pay Gap
Carolyn Kopprasch earns $225,000 a year. Maria Thomas makes $267,890. Then comes Darcy Peters with a salary of $105,143.That information, taken in before I exchange pleasantries with these women, feels […]