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Social Capital: Inflation inequality deepens wage losses for America’s poorest

Poor and working-class Americans experience substantially higher inflation rates than the well-to-do, further exacerbating an already obscene wealth gap......»»

Category: topSource: marketwatchNov 8th, 2019

Social Capital: These 5 charts show inequality is bad for your health — even if you are rich

Living in highly unequal economies like the United States is clearly awful for the poorest in society, but new research suggests it also damages the health and well-being of even the wealthiest among us, writes Pedro da Costa......»»

Category: topSource: marketwatchFeb 20th, 2019

Income inequality in America is the highest it’s been since Census Bureau started tracking it, data shows

Amid the longest economic expansion in U.S. history, the gap between the country's wealthiest and poorest has never been bigger......»»

Category: topSource: washpostSep 27th, 2019

Income inequality in America is the highest it’s been since census started tracking it, data shows

Amid the longest economic expansion in U.S. history, the gap between the country's wealthiest and poorest has never been bigger......»»

Category: topSource: washpostSep 26th, 2019

Income inequality in America is the highest it’s been since census started tracking it, data shows

Amid the longest economic expansion in U.S. history, the gap between the country's wealthiest and poorest has never been bigger......»»

Category: topSource: washpostSep 26th, 2019

Income inequality in America is the highest it’s been since Census started tracking it, data show

Amid the longest expansion in American history, the gap between the country's wealthiest and poorest has never been bigger......»»

Category: topSource: washpostSep 26th, 2019

Income inequality in America the highest it’s been since Census started tracking it, data show

Amid the longest expansion in American history, the gap between the country's wealthiest and poorest has never been bigger......»»

Category: topSource: washpostSep 26th, 2019

Social Capital: This simple trick could make it a lot harder for corporations to skip out on their tax bill

The U.S. could reduce inequality, rein in abusive tax shelters, and gain some needed revenue if it taxed corporate profits based on the share of sales that occurred in the U.S., writes Pedro da Costa......»»

Category: topSource: marketwatchMay 17th, 2019

Social Capital: Beware of billionaires peddling solutions for extreme inequality

Billionaire Ray Dalio correctly sees problems with capitalism, but his proposed solutions repeat false arguments about the causes of inequality, writes Pedro da Costa......»»

Category: topSource: marketwatchMay 2nd, 2019

Social Capital: The Fed helps reduce inequality by giving jobs to millions of people

Fed policy gets unfairly blamed for exacerbating inequality, but low rates also have allowed millions more to find a job, and have raised wages for tens of millions more, writes Pedro da Costa......»»

Category: topSource: marketwatchApr 11th, 2019

Stock futures cut losses on strong U.S. job growth

U.S. stock index futures pared losses to trade slightly higher on Friday after data showed U.S. job growth increased more than expected in June as manufacturers stepped up hiring, while steady wage gains pointed to moderate inflation pressures......»»

Category: topSource: reutersJul 6th, 2018

US Debt Sales To Surge: Treasury Raises 2018 Borrowing Need To $1.33 Trillion

America's funding needs are starting to grow at a dangerous pace. Even before the NYT reported of Trump's startling suggestion of a further $100 billion tax cut in the form of an inflation-adjusted capital gains tax cost basis which mostly benefits.....»»

Category: blogSource: zerohedgeJul 30th, 2018

In America, wage growth is getting wiped out entirely by inflation

Pay is up 2.7 percent in the past year, while the cost of living is up 2.9 percent, the Labor Department reported Friday......»»

Category: topSource: washpostAug 10th, 2018

As America goes to the polls, what party remembered Trump’s ‘forgotten people’?

Social inequality would be even worse without social safety-net programs, a new study says......»»

Category: topSource: marketwatchNov 6th, 2018

Capital Gains: Iconic golf course going gourmet, an indictment of our social media savviness and more

On page 3 of our weekly edition we wrap up some of the news, talk and speculation floating around town with our Capital Gains feature. Here's what caught our eyes this week. ICONIC GOLF COURSE GOING GOURMET? We all knew there would be changes to .....»»

Category: topSource: bizjournals7 hr. 7 min. ago

"What"s Moral Is What"s Legal... And What"s Legal Is For Sale"

"What's Moral Is What's Legal... And What's Legal Is For Sale" Authored by Charles Hugh Smith via OfTwoMinds blog, The anti-social carnage unleashed by Corporate America's "lock-in" / negative network effects has no real limits......»»

Category: blogSource: zerohedge8 hr. 7 min. ago

How SoftBank is putting its stamp on LatAm"s venture capital scene

SoftBank, whose $5 billion Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move for the Japanese investor that has jolted the region's tech scene......»»

Category: topSource: reuters14 hr. 7 min. ago

The Agenda: ACV blossoms into a unicorn, Buffalo becomes a movie star and the minimum wage remains controversial

MORNING LEAD ACV Auctions has raised the largest round of venture capital in the history of Western New York companies, making it the region’s first software unicorn, according to a company announcement last night. The $150 million round puts AC.....»»

Category: topSource: bizjournalsNov 13th, 2019

Extended Stay America sees FY19 capital expenditures of $235M-$275M

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 6th, 2019

Bank of America is increasing its minimum wage to $20 per hour

Bank of America is raising its minimum wage for hourly employees to $20 by the end of March 2020 — a year earlier than scheduled. The boost will bring Bank of America's minimum wage up from $17 an hour. Bank of America announced the minimum wage inc.....»»

Category: topSource: bizjournalsNov 6th, 2019

Ex-Dividend Reminder: Capital One Financial, Reinsurance Group of America and Santander Consumer USA Holdings

Dividend Channel.....»»

Category: topSource: redinewsNov 6th, 2019