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Economists Pin More Blame on Tech for Rising Inequality

Yet the technological shift evolved as growth in postsecondary education slowed and companies began spending less on training their workers. “When technology, education and training move together, you get shared […]




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Sharing Hard-Won Money Lessons to Build Generational Wealth

Julien and Kiersten Saunders, creators of the blog Rich & Regular, go so far as to call “retirement” the “R word.” Gaining that independence is crucial now, they say, not […]




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Europe Fears That Rising Cost of Climate Action Is Stirring Anger

PARIS — Raucous demonstrations against high energy bills in Spain. Demands for social protection in Greece as coal mines close. Fresh protests in French rural areas and small towns over […]




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Of 4 Family Policies in Democrats’ Bill, Which Deserves Priority?

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 […]




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World’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 […]




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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 […]




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‘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 […]




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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, […]




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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 […]




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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 […]