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US income inequality

February 2021

  • Demonstrators protest outside of McDonald’s corporate headquarters in Chicago.

    US workers go on strike in 15 cities to demand $15-an-hour minimum wage

  • Who gets a slice of the stock market cake?

    Who really owns the largest slice of Wall Street?

January 2021

  • ‘Mark Zuckerberg reportedly took a $100,000 loan from his father to start Facebook.’

    Entrepreneurs are great, but it’s mom and dad who gave them their start

    Gene Marks
  • Women’s liberation rally in New York City, on Fifth Avenue, Aug. 26, 1971. (AP Photo/Marty Lederhandler)

    'A lost history': the US women who fought for better working conditions

  • Santa Fe, New Mexico, has one of the tightest rental markets in the US.

    As a 'Zoom boom' brings the wealthy to Santa Fe, locals are getting priced out

  • FILE PHOTO: Jamie Dimon, CEO of JPMorgan Chase, leaves after the launching of the Advancing Cities Challenge, in Pantin<br>FILE PHOTO: Jamie Dimon, CEO of JPMorgan Chase, leaves an event in Pantin, a suburb of Paris, France, November 6, 2018. REUTERS/Benoit Tessier/File Photo

    JP Morgan boss Jamie Dimon is paid $31.5m after decrying income inequality

December 2020

  • Food Bank amid the Coronavirus outbreak, Austin, Texas, USA - 23 Nov 2020<br>Mandatory Credit: Photo by Jordan Vonderhaar/REX/Shutterstock (11031373c) Hundreds of cars wait in line at a food distribution event Food Bank amid the Coronavirus outbreak, Austin, Texas, USA - 23 Nov 2020

    Coronavirus sharpens America's already stark economic inequalities

    Analysts predict a holiday retail boom even as unemployment hits shocking levels, particularly for Black and brown workers
  • Robert Reich

    Jeff Bezos became even richer thanks to Covid-19. But he still won't protect Amazon workers

    Robert Reich
    The pandemic has made clear that corporations need more – not fewer – incentives to protect workers
  • Robert Reich

    To reverse inequality, we need to expose the myth of the ‘free market’

    Robert Reich
    We need an informed public that sees through the poisonous myth billionaires want us to believe: that income is a measure of your market worth

November 2020

  • Janet Yellen<br>FILE - In this Aug. 14, 2019, file photo the Capitol Dome is visible in the window behind former Fed Chair Janet Yellen as she appears for an interview with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. In her first year as Federal Reserve chair, Yellen presided over a policy panel divided over the issue of how much longer the central bank could afford to keep its benchmark interest rate at a record low, and how to prepare financial markets for the start of rate hikes. (AP Photo/Andrew Harnik, File)

    The US is on ‘inequality autopilot’ – how can Biden's treasury pick help change course?

  • Rosario Vargas<br>FILE- In this Wednesday, June 3, 2020 photo, cashier Rosario Vargas, center, bags groceries for customers at the Presidente Supermarket in the Little Havana neighborhood of Miami. Florida voters decide Tuesday whether to raise the state’s minimum wage to $15 an hour over six years, which advocates say will benefit hundreds of thousands of workers in the Sunshine State’s service-heavy economy but which opponents say will stifle industry growth. (AP Photo/Wilfredo Lee, File)

    Fight for $15 minimum wage boosted in Florida but Biden faces tough task

October 2020

  • U.S. President Trump departs John Murtha Johnstown-Cambria County Airport in Johnstown, Pennsylvania<br>U.S. President Donald Trump and first lady Melania Trump walk from the Marine One presidential helicopter after attending the 19th annual September 11 observance at the Flight 93 National Memorial as they depart John Murtha Johnstown-Cambria County Airport in Johnstown, Pennsylvania, September 11, 2020. REUTERS/Jonathan Ernst

    The worst part of Trump paying zero taxes? It's probably entirely legal

    Chuck Collins
    The tax code has one set of rules for the super-rich and another for everyone else. A cottage industry exists to help them avoid taxes

August 2020

  • A funeral director stands in front of empty caskets for victims of Covid-19 stored in a room at a funeral home in Queens, New York, 29 April 2020.

    'Bills kept coming': families of US Covid victims forced to crowdfund funerals

  • Pittsburgh, PA — Neisha Davis (pink) with her children Trinitee McCown (blue), Deniya Hall (camo) and Demitri Hall (yellow) in Pittsburgh, PA on Tuesday, August 18, 2020.

    ‘Coming here is a necessity’: demand for food aid soars in US amid job losses

  • Pandemic shines light on inequality

    Making billions v making ends meet: how the pandemic has split the US economy in two

  • Jeff Bezos’ net worth of $144bn puts him on track to become the world’s first trillionaire by 2026.

    To understand how rich billionaires really are, use this calculator

July 2020

  • Gen Z seminar, advertising week New York, AMC Lincoln Square, New York, on 23 September 2019.

    Why the Covid-19 financial crisis will leave lasting scars on Gen Z

    The effects of this economic downturn will likely be felt for years as people born between 1997 and 2012 try to start careers and build savings with an economy that was struck to rubble

June 2020

  • US-HEALTH-VIRUS-ECONOMY-POVERTY<br>Michael Tubbs, Mayor of Stockton, is seen at his office in Stockton, California on February 7, 2020. - Mayor Tubbs with the help of the Stockton Economic Empowerment Demonstration implemented an18 month trial of Universal Basic Income for 125 residents of his city. The scoffed-at idea of paying everyone a basic income as machines take people’s jobs is getting a fresh look as a possible remedy for economies cratered by the coronavirus pandemic. (Photo by Nick Otto / AFP) (Photo by NICK OTTO/AFP via Getty Images)

    Eleven mayors pledge to explore direct cash payments plan to fight poverty

    Mayors say it’s time to move forward with a ‘guaranteed income’ though it’s not yet clear how much money the cities might hand out
  • The New York stock exchange. Even before the pandemic, the racial wealth gap had expanded.

    Coronavirus has widened America's vast racial wealth gap, study finds

    Bonanza for billionaires as combined wealth surges to $3.581tn, with the likes of Bezos, Gates and Zuckerberg getting richer as unemployment rises
  • New York Coronavirus Unemployment<br>epa08408149 A man walks down a street with many businesses closed in Brooklyn, New York, USA, 07 May 2020. The unemployment rate in the United States is rising as the national economy begins to show the large impact from state and city responses to the coronavirus pandemic. New York City is still considered the epicenter of the coronavirus pandemic and the COVID-19 outbreak in the United States. EPA/JUSTIN LANE

    'I'm squeaking by right now': voices of America's unemployment crisis

    The coronavirus pandemic has devastated the US economy, costing 42 million people to file for unemployment insurance
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