U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more
Tag: inequality
Average CEO pay rose 11% in 2021 — and is now 399 times as much as a typical worker’s wage
It pays to be the top dog. Pay for chief executive officers rose by just over 11% from 2020 to 2021, according to a new report by the left-leaning Economic Read more
Average CEO pay rose 11% in 2021 — and is now 399 times as much as a typical worker’s wage
It pays to be the top dog. Pay for chief executive officers rose by just over 11% from 2020 to 2021, according to a new report by the left-leaning Economic Read more
Fed’s Bostic says central bank hasn’t lost credibility with the public
The Federal Reserve hasn’t lost credibility with the broader public beyond Wall Street, Atlanta Fed President Raphael Bostic said Monday. “I’m heartened as I go around [my] district [that] people Read more
Opinion: Donor-advised funds like Fidelity’s are starving charities of the money they need
Once upon a time, charity in the United States meant pitching in to help a friend or a neighbor in need. It meant local organizations feeding the hungry, housing the Read more
How Wall Street and tech are worsening housing inequality — and how to fix it
The Value Gap is a MarketWatch interview series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. People who want to buy homes increasingly have to Read more
The typical S&P 500 CEO made 324 times more than the median-paid worker last year and the case for 0% interest student loans instead of cancellation
Hi, MarketWatchers. Don’t miss these top stories. 60 million Americans are set for 100-degree weather — but not everyone will feel the heat equally The way a person experiences extreme Read more