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News & Information

News & Information

March 2, 2015 Billionaire now claims he was misquoted when he said 'America's lifestyle expectations are far too high' ...and argues he's always fought against inequality

Daily Mail - Greene, a self-made businessman worth around $3 billion, spoke at the îWorld Economic Forumî in Davos, Switzerland, last month, reportedly saying he believes people in the United States need to stop...

March 2, 2015 Wal-Mart's pay hike will have massive ripple effects in America

Source: Business Insider

After decades of shop floor and political campaigning, US retailers are finally beginning to increase their minimum wages. While the increase is benefiting millions of workers across the country, its driving force is market...

February 25, 2015 Tipped workers to get pay hike in N.Y.

Source: USA Today

At year's end, tipped workers in New York will get their first hourly pay raise since 2011, the state Labor Department announced Tuesday. The hourly rate will go from $5 to $7.50 on Dec. 31 for waiters, hotel housekeepers and...

February 23, 2015 Most Americans Say the Rich Aren’t Taxed Enough

Source: Time

Tax season is here and more than two-thirds of Americans think the wealthy pay too little in federal dues, according to a new poll. What’s more, six in 10 say the middle class pays too much.

February 20, 2015 Obama’s Economic Report Focuses on Income Inequality

Source: NY Times

WASHINGTON — President Obama on Thursday stepped up his efforts to define which economic problems need urgent attention — and what kind of attention would work — if not under his administration, then the next.

January 30, 2015 Inequality should be at the forefront of a debate on the minimum wage

Source: The Guardian

The release of the Productivity Commission’s issues papers into the workplace relations framework is set to reignite the industrial relations (IR) debate. And given the minimum wage looks to be in the commissions’ firing line,...

January 27, 2015 Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

Source: NY Times

The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century.

January 26, 2015 With Great Wealth Comes Great Responsibility

Source: Forbes

According to the research, nearly 70 percent of ultra-wealthy inheritors will become more involved in evaluating the impact and results of giving. Half will become more directly involved in improving the effectiveness of...

January 19, 2015 Why extreme inequality hurts the rich

m.bbc.co.uk - And what is striking is the growing realisation - even by the extreme privileged, who are about to fly in their private jets to Davos to save the world from itself, at the annual gathering of the îWorld...

January 19, 2015 Richest 1% to own more than rest of world, Oxfam says

Source: BBC News

The wealthiest 1% will soon own more than the rest of the world's population, according to a study by anti-poverty charity Oxfam.

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