#economic-inequality

#economic-inequality

Nearly two million Black families in the US South have zero or negative net worth. More than half of the nation's Black population ( about 56 percent) lives in the South, including those nearly two million families with no monetary wealth. To compound the issue, this summer saw Black women nationally lose 300,000 jobs even as the US economy continues to grow.

The human condition includes a vast array of unavoidable misfortunes. But what about the preventable ones? Shouldn't the United States provide for the basic needs of its people? Such questions get distinctly short shrift in the dominant political narratives. When someone can't make ends meet and suffers dire consequences, the mainstream default is to see a failing individual rather than a failing system.

It's beautiful to see so many people all over the country standing up for democracy and against authoritarianism. This is no time for factions or political infighting; we face an existential emergency, and we all need to unite against that threat. I see signs all over supporting so many causes, and I love them all. But I want to take a moment to talk about why we are here.

Are you one of the millions of workers who've recently been laid off, had their wages cut, or are locked in an endless struggle just to hang onto the job you have? Are you tired of dreaming of a vacation that never seems to come, amidst a stagnating economy where all the wealth seems to line the pockets of a few powerful billionaires?

Bad news, baby. The New Yorker reports the rapid advance of AI in the workplace will create a permanent underclass of everyone not already hitched to the AI train. The prediction comes from OpenAI employee Leopold Aschenbrenner, who claims AI will reach or exceed human capacity by 2027. Once it develops capacity to innovate, AI superintelligence will supersede even a need for its own programmers and then wipe out the jobs done by everyone else.

During these uncertain times-shaped by shifts in trade policy and geopolitics-keeping the consumer top of mind is vital. "Our focus is just maniacally on the customer," said Corie Barry, CEO of Best Buy, during a fireside chat with Fortune 's Emma Hinchliffe on Tuesday. Barry noted that it has never been more important for her to understand and adapt to the distinct behaviors of different consumers.

The notion that Detroit is in the midst of a renaissance is not true. A look across its 142 square miles shows that it is still mired in poverty. Although it has probably leveled off, the city has lost a massive number of residents. It also has many abandoned houses that will remain indefinitely. A small part of downtown has made a comeback, led by Rocket Companies founder Dan Gilbert, who has invested or brought hundreds of millions of dollars into the area.

Every time this happens, the creators say it's all in good fun, but the truth is blindingly obvious: someone with more money than compassion wants to amuse themselves by watching broke San Franciscans tire themselves out for the chance to get out of debt. The really sad part is that the need for that kind of cash has only grown in the past decade.

"What's actually going to happen is rich people are going to use AI to replace workers,"

Critics accuse the film of being a clear case of broke man propaganda, romanticizing men's financial insecurity in the name of love. A TikTok post with more than 170,000 likes argues that the rom com directed by Celine Song is nothing but a true-to-life horror film about how trauma and low self-esteem limit women's choices and send them spiraling back to exes they know can't give them what they want. Women deserve financial stability AND love.

Delivering the mail is a 'Halloween job,' " Stephen Starring Grant observes in Mailman: My Wild Ride Delivering the Mail in Appalachia and Finally Finding Home. "An occupation filled with surprises and unpredictability, reflecting life's broader journey.

Trump's return to the presidency has sparked an aggressive agenda aimed at reversing progress on civil rights, exacerbating economic inequality, and entwining power within a plutocracy.

If we are serious about addressing the retirement crisis in America, corporations must be required to offer all of their workers a traditional pension plan that guarantees a monthly income in retirement.

White supremacy is a pandemic. In this moment in time, the shared global narrative centers around COVID-19. But white supremacy is a more pernicious virus, permeating every strata of human life for at least the last 500 years.

The Trump administration's primary domestic policy scheme was unanimously opposed by both House and Senate Democrats, who recognized the moral and practical disaster that will unfold thanks to the legislation.

Membership in groups such as white, male, straight, and Christian confers advantages that increase the odds of achieving power in the United States.

The 'Pink Tax' refers to the phenomenon where women's products, including clothing and personal care items, are priced higher than similar products for men. This unequal pricing has persisted for years, contributing to a financial burden on women.

In Pescadero, many residents face a chronic crisis of access to clean water, relying heavily on rainwater due to contaminated supply from local creeks.

"Financial marginalization may seem like small potatoes compared to fighting for the right to exist, but the unacknowledged systems keeping the LGBTQ+ wealth gap in place are the same systems working to erase queer history."

average borrowing costs in Africa are almost 10 times higher than for the US, fueled by perceptions of risk propagated by international credit rating agencies.

Understanding when gender gaps in mathematics emerge is critical for intervention. Martinot et al. emphasize that these gaps are noticeable starting in the first year of school.

Income inequality is an existential threat to society, impacting public health, educational outcomes, and housing security. We must address this pressing issue through local taxes.

...there is so much chaos and uncertainty associated with Trump's policies and tariff policy in particular. This uncertainty makes it harder to maintain a stable economy.

A budget is a statement of policy priorities; this budget emphasizes public safety while cutting essential services for vulnerable populations, highlighting economic inequality.

It is not fair to keep making ordinary citizens subsidize the profits of large developers. High-risk pools should pay the real costs of their projects by themselves.