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The new class war: A wealth gap between millennials
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Employee ownership: a step toward bridging the wealth gap?
Joseph Blasi, Director of the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University on the politics and possibilities of employee ownership in today's economy.CBS News - Top stories -
The IRS is Tackling the Huge Gap in Audit Rates Between Black Taxpayers and Other Filers
The agency also announced it will spend some of its $60 billion bump in funding to look atbig corporations, partnerships and multimillionaires over the next three years.Inc. - Business -
Move over, meme-stock millennials. Your grandma wants to trade options.
Trading covered-call options on big stashes of stock can earn retirees extra income.MarketWatch - Business -
Union propagandists are confusing high housing costs with ‘wealth’
Overall, the average disposable income per capita in right-to-work states last year, adjusted for the cost of living, was roughly $2,800 higher than the average of the other states.The Hill - Politics -
India's Boom Faces a Pitfall: Sharing the Wealth
To become an economic powerhouse like China, India urgently needs to address rising income inequality.The Wall Street Journal - World - India -
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.CNBC - Business -
Cop29 summit to call for peace between warring states, says host Azerbaijan
Organisers of this year’s environmental conference hope cooperation on green issues could help ease global tensions . This year’s Cop29 UN climate summit will be the first “Cop of peace”, focusing on the prevention of future climate-fuelled ...The Guardian - World -
Minding the gap: 'It's a scandal, it's a death trap'
A passenger who fell and hurt himself getting off a train says gaps to some platforms are too big.BBC News - Top stories -
Most of Warren Buffett’s wealth was accumulated after age 65. Here’s what that can teach individual investors
One of Warren Buffett's biggest investing advantages is time. Here’s what individual investors can learn from his approach.CNBC - Business -
So empire and the slave trade contributed little to Britain’s wealth? Pull the other one, Kemi Badenoch| Will Hutton
The business and trade secretary played into the ideological tosh that the wonders of the Industrial Revolution were funded by beer brewers and sheep farmers. Britain ran an empire for centuries that at its peak 100 years ago occupied just under a ...The Guardian - World
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Could Donald Trump really go to jail for gag order violations?
If Donald Trump keeps trying the patience of the judge presiding over his hush money trial, the former president could wind up back in his home New York City borough of Queens — specifically the prison on Rikers Island, experts said Monday.NBC News - Top stories - Donald Trump -
Hamas accepts cease-fire proposal; Israel strikes Rafah and says deal falls short of its demands
Israel urges civilians to leave eastern Rafah as cease-fire hopes fadeNBC News - Top stories - Israel -
Met Gala 2024: See highlights and notable looks
Famous faces including Kim Kardashian, Jennifer Lopez and Bad Bunny showed off their outfits for the 2024 Met Gala. The theme was "The Garden of Time."NBC News - Top stories -
Boeing forced to scrub first crewed Starliner launch to the space station
Boeing’s Starliner spacecraft blasted off with NASA astronauts onboard for the first time on Monday, kicking off a high-stakes test flight to the space station.NBC News - Top stories -
U.S. soldier detained in Russia and accused of stealing, officials say
A U.S. soldier was detained in Russia last week, a U.S. Army spokesperson said in a statement.NBC News - Top stories - Russia