income inequality
Connecticut's zoning laws scrutinized amid hot debate to 'desegregate'
After the police killing of George Floyd, a Connecticut law professor invited architects, planners and land use attorneys to a discussion of how local zoning worsens the state’s racial inequities....
EU wants employers to report pay levels to fix gender gap
BRUSSELS — The European Union executive wants to force employers to be much more open about how much their staff earn to make it easier for women to challenge wage...
Only 30 percent of US wives earn more than their husbands, data shows
Throughout America's dual-income households, only 30 percent of wives on average earn more than their husbands, according to new federal data. It's a disparity that has held constant over the...
Google antes up $2.6M to settle pay, job discrimination case
SAN RAMON, Calif. — Google will pay $2.6 million to more than 5,500 employees and past job applicants to resolve allegations that the internet giant discriminated against female engineers and...
COVID could spark record spike in inequality, org warns
The COVID-19 pandemic could cause the biggest increase in global inequality on record, Oxfam warned in a new report Monday. The health crisis has sparked a "simultaneous and substantial rise"...
Empty streets in Davos as World Economic Forum holds virtual meeting
The streets of Davos are normally crowded at this time of the year as influential leaders from around the world gather here for the World Economic Forum's (WEF) Annual Meeting....
Ex-Goldman Sachs exec warns of wealth gap 'revolution'
One Wall Street power player is urging his fellow one-percenters to help close the growing wealth gap -- or risk staring down pitchforks and guillotines. Ex-Goldman Sachs chief financial officer...
50 years of tax cuts for the rich failed to boost economic growth: study
Cutting taxes for rich people made developed countries more unequal but failed to grow their economies over the last half-century, a new study says. The paper from the London School...
Millions of hungry Americans turn to food banks for first time
The deadly pandemic that tore through the nation’s heartland struck just as Aaron Crawford was in a moment of crisis. He was looking for work, his wife needed surgery, then...
New study finds neighborhood poverty linked to decreased brain volume, function
While early poverty in the household is already associated with impaired brain development among kids, a new study takes it further, linking impoverished neighborhoods to kids' smaller brain volumes and...
Influential Occupy Wall Street leader David Graeber dead at 59
David Graeber, who helped organize the Occupy Wall Street movement, has died in Venice, his agent said. He was 59. A professor of anthropology at the London School of Economics,...
One country mulls universal basic income of $1,400 a month
German researchers will test whether universal basic income could work by handing out around $1,400 per month to a group of people for three years. The German Institute for Economic...
The COVID-19 recession will widen the gender pay gap
COVID-19’s disproportionate economic toll on women could create a larger gender wage gap during and immediately after this downturn, suggests a new study. But the so-called she-cession could also fuel...
Inside the struggle to close the coronavirus education equality gap
A few weeks ago, Sara Messinger sat in her New York City apartment researching the tutoring market. Messinger, 21, isn’t a parent looking for a way to cope with the...
Going cashless during pandemic makes life more difficult for millions of unbanked Americans
Even though there have been many advancements in financial technology over the past decade, many Americans still prefer to pay in cash. In fact, cash was the most popular form...
Black New Yorkers with a college degree earn $21,900 less a year than their white counterparts
Creating a life of financial security in New York City is notoriously daunting. A new report suggests that the effort New Yorkers are putting into that goal isn’t paying off...
UN report suggests temporary basic income to help world's poorest
NEW YORK - A temporary basic income for the world’s poorest 2.7 billion people in 132 developing countries could help slow the spread of the coronavirus by allowing them to...
Rich Americans spew more carbon pollution at home than poor
Rich Americans produce nearly 25 percent more heat-trapping gases than poorer people at home, according to a comprehensive study of US residential carbon footprints. Scientists studied 93 million housing units...
US Soccer says male players have more responsibility because of hostile crowds
NEW YORK — The US Soccer Federation says facing hostile crowds in Mexico and Central America makes playing for the US men’s team a different job than competing for the...
EU executive seeks to crack down on gender pay gap
BRUSSELS - The European Union’s executive aims to introduce laws to combat gender pay gap across the bloc for the first time ever in a bid to fight inequality and...