The latest snapshot of wealth inequality comes as billionaire fortunes continue to grow rapidly, both in the U.S. and abroad. An Oxfam International report released this week found that billionaire ...

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

The economist who popularized the idea of the K-shaped economy says one of his biggest worries is that the divide leads to a ...

While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

As President Trump settles back into his role as commander in chief, Professor Scott Galloway is issuing a stern warning to ...

Income inequality dipped, more people had college degrees, fewer people moved to a different home and the share of Asian and Hispanic residents increased in the United States last year, according to ...

The U.S. economy is more dependent than ever on the lavish spending of the wealthiest, The Wall Street Journal recently reported. The top 10% of earners (households making $250,000 per year or more) ...

Wealth inequality looks at the distribution of assets, such as property, stocks and saving. Read more at straitstimes.com.

Across 41 states, the bottom 20% make less than $20,000 on average. Meanwhile, the top 20% earn more than $250,000 in 25 states — accounting for half of America. While it’s not exactly a new ...

How do we solve the predicted entrenched disparity arising out of the great wealth transfer? We ask economists for their suggestions ...

MOF’s first inequality deep-dive since 2015 tracks who got richer, how wealth piled up, and why climbing the ladder is ...