Income Gap

Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business


Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

John Varley Defends Bonuses: Profits Are "Not Satanic" Barclays CEO Tells London Church Crowd

Posted 11.04.2009 | Business


The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...

Food Stamps Will Feed Half Of US Kids, Study Says

AP | LINDSEY TANNER | Posted 11.02.2009 | Politics


CHICAGO — Nearly half of all U.S. children and 90 percent of black youngsters will be on food stamps at some point during childhood, and fallout...

Robert Shiller: Address Income Gap, Tie It To Tax Rate (Video)

The Huffington Post | Posted 11.02.2009 | Business


The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...

Income Inequality Needs To be Addressed Now: Financial Times

ft.com | Matthew Slaughter | Posted 10.07.2009 | Business


The financial crisis spurred many policymakers around the world to meet challenges with bold, creative, non-partisan solutions. As the crisis and rece...

Income Inequality Widens, Poor Take Big Hit During Recession

AP | HOPE YEN | Posted 09.29.2009 | Business


WASHINGTON — The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans ...

Fear and Looting in America: Shouldn't We Let them Fail?

Les Leopold | Posted 07.17.2009 | Business


Les Leopold

Obama's policies are likely to fail because they don't get at the real cause: The financial crisis is a direct result of the redistribution of wealth to the very top of the income ladder.

Every Monday Matters: "Are You Really Going to Read Them Again?"

Matthew Emerzian and Kelly Bozza | Posted 02.27.2009 | Living


Matthew Emerzian and Kelly Bozza

61% of low-income families have no books in their homes. Survey your bookshelves and pull out books that you won't read again. Donate them to a local literacy organization, school or library.

World Now Has 10 Million Millionaires

AP | CANDICE CHOI | Posted 07.02.2008 | Business


NEW YORK — Add an extra zero to the ranks of the millionaires club. The number of people around the world with at least $1 million in assets pa...

Clinton And Buffett Tout Inheritance Tax, Denounce Income Gap

AP | SCOTT LINDLAW | Posted 03.28.2008 | Business


Hillary Rodham Clinton made a strong case Tuesday for keeping the inheritance tax in place, saying it is a key to ensuring the United States remains a...

Income Gap Crisis: Wealth Of America's Super-Rich Greatest In 20 Years

CBS News | Posted 03.28.2008 | Politics


Trickle Up economics has just scored its greatest success and it is being covered up. I wonder why. Could it be embarrassment? The Internal Revenue S...