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News & Information
News & Information
August 19, 2014 1 pct of Chinese own one-third of national wealth: report
People's Daily Online - BEIJING, July 26 -- About one percent of Chinese households own one-third of the nation's wealth, raising concerns about income inequality in the world's most populous country, according to a study by...
August 13, 2014 Record income gap fuels US housing weaknessSource: FT.com
The income gap between America’s richest and poorest metropolitan regions has reached its widest on record, shaping an uneven housing recovery that threatens to hold back the broader revival of the world’s largest economy.
August 11, 2014 S&P: Wealth gap slowing US recoverySource: Fort Wayne.com
WASHINGTON – Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the recession. Now, an analysis by the rating agency Standard & Poor's lends its weight to the argument: The widening gap...
Source: Fox News
WASHINGTON – Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now, an analysis by the rating agency Standard & Poor's lends its weight to the argument: The widening...
August 4, 2014 Not So Golden: Wealth Gap Lasting Into RetirementSource: ABC News
With traditional pensions becoming rarer in the private sector, and lower-paid workers less likely to have access to an employer-provided retirement plan, there is a growing gulf in the retirement savings of the wealthy and...
Source: Tge New American
In another so-called research study about wealth inequality, the liberal think-tank Sage Foundation said in June that while the super-rich have fully recovered from the Great Recession, the vast majority of Americans have not....
July 23, 2014 USA: the wealth gap widensSource: Public Finance International
The gulf between rich and poor is widening in the USA, with inherited wealth concentrated in ever fewer hands. Tax measures are needed to help redress the balance. In a new Pew opinion poll, more than three quarters of...
The oft-cited line that the top 1 percent of U.S. households lay claim to 30 percent of all wealth is probably an understatement, according to a European Central Bank working paper. Incorporating “missed” data on rich households...
July 2, 2014 Wealth gap solutions put Californians at oddsSource: SF Gate
California residents don't need to be convinced there's a worrisome income gap between the rich and poor that's getting wider, but there's plenty of argument about whether the government should get involved in trying to close the...
June 27, 2014 Wealth inequality doubles among US households: StudySource: Press TV
Wealth inequality among US households roughly doubled between 2003 and 2013, according to a new analysis by University of Michigan researchers
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