The wealthiest 1% of Americans controlled about $41.52 trillion in the first quarter, according to Federal Reserve data released Monday. Yet the bottom 50% of Americans only controlled about $2.62 trillion collectively, which... Read more »
A majority of millionaires support a wealth tax on those worth $50 million or more, but their support declines for a tax on those worth $10 million, according to a new poll.... Read more »
The gap between the super rich and the rest of the world widened as wealth continued to be owned by a small minority, according to Oxfam report. The world's richest one percent... Read more »
Even with six-figure income, tech workers in Silicon Valley still feel poor. I didn’t become a software engineer to be trying to make ends meet,” said a Twitter employee in his early... Read more »
