A report from Oxfam International shows eight men own as much wealth as the poorest 3.6 billion people in the world. Oxfam says new data from India and China suggests previous estimates of global wealth concentration credited the poorest half of the world with too much wealth. The report is
The famous United States stock index known as the Dow Jones Industrial Average (or simply the Dow) flirted with approaching a historic high of 20,000. The index, which shows how the largest 30 companies publicly traded in the U.S. are performing, is considered a key indicator of how well U.S.
McAuliffe, a longtime friend who served as a character witness for her in a convention speech, told reporters that Clinton actually supported TPP and would do so as president.
The land of opportunity? Not so much. In fact, the rich are getting richer at a historic rate.
Though the initial stories on the massive leak of documents from Panamanian law firm Mossack Fonseca—popularly known as the Panama Papers—focused on non-American political and economic figures, continued investigations and reporting have revealed some noteworthy American clients. On Sunday, The New York Times published a story linking Mossack Fonseca to rich
Despite a thoroughly lackluster performance recently, the hedge fund industry is still setting records in executive compensation.
A new report offers a breathtaking estimate of how the rich have gotten richer: 74% of billionaire wealth was gained through socially useless activity.
A new report calculates the Wall Street bonus pool doubles the combined annual earnings of all full-time minimum wage workers in America.
From January 20-23, the global elite met in Davos, Switzerland for the annual World Economic Forum. The themes this year were the dangers of inequality and terrorism to the current world order, an order those present have benefited the most from and have charged themselves with maintaining. The founder and