As Elon Musk nears trillionaire status, Anthropic’s billionaire CEO is ringing the alarm that the ultrarich have an ...
Worried about extreme wealth concentration, an AI leader argues for greater taxation on the wealthy or AI companies themselves.
The widening gap between the ultra-wealthy and the rest of society is more than just a political talking point; it is a ...
The United States is living through a twin surge in inequality and market froth, and both trends are accelerating on ...
According to a Patriotic Millionaires poll, 62% of high-net-worth individuals believe wealth concentration harms media, ...
When researchers measure wealth inequality, they use something called the Gini coefficient. Think of it as a score between 0 and 1, where 0 means everyone has exactly the same wealth and 1 means one ...
Find out about the latest happenings in the world of entertainment, and also learn from experts about: relationships, ...
McKinsey Global Institute reports that $600 trillion of wealth rests on productivity or price highlights that much of the rise in value has been driven by asset prices often outpacing underlying ...
A proposed wealth tax has pitted Democrat against Democrat in California. The initiative, which a health care worker union ...
As fortunes at the very top swell, the consequences are not confined to private jets and luxury compounds. When the richest 1 percent pull away from everyone else, the strain shows up in crowded ...