CEO pay jumped 16% last year, while workers saw just a 1.8% gain

Many CEOS, at the start of the pandemic, vowed to not take a salary last year to keep layoffs to a minimum. But new preliminary data from the Economic Policy Institute shows that the average CEO’s compensation still jumped 16% last year. … Read the full article...

How Disparities in Benefits Contribute to the Racial Wealth Gap

The black construction worker, the Latina home health aide, and the white entry-level data analyst may all work just as hard and take equal pride in their work. But a new research study from Brandeis University and The Workers Lab, an organization that develops...

The Shrinking Middle Class: How We Got Here, And Why

Most Americans consider themselves part of the “middle class,” but no one can agree on what term that means. The problem? If sizing up the middle class is difficult enough, it’s even harder to say that circumstances within this group have changed. But they certainly...

Here’s What You Need to Know about Trump’s Trade War

President Donald Trump’s proposal to impose steep tariffs on imported steel and aluminum have raised fears of an international trade war. The plan, debated intensely within the White House, is to levy a 25% tax on steel imports and a 10% tax on aluminum imports by...

Here’s What You Need to Know about Trump’s Trade War

President Donald Trump’s proposal to impose steep tariffs on imported steel and aluminum have raised fears of an international trade war. The plan, debated intensely within the White House, is to levy a 25% tax on steel imports and a 10% tax on aluminum imports by...

Here’s What You Need to Know about Trump’s Trade War

President Donald Trump’s proposal to impose steep tariffs on imported steel and aluminum have raised fears of an international trade war. The plan, debated intensely within the White House, is to levy a 25% tax on steel imports and a 10% tax on aluminum imports by...

This Is How Many Americans Will See a $15 Minimum Wage By 2022

Sixty-one percent of Americans will live in a metropolitan area or state with a minimum wage above the $7.25 federal hourly minimum as increases take effect in Los Angeles, Washington DC, Maryland and Oregon on July 1, according to a Fortune analysis of U.S. Census...

raceAhead: Olympics Diversity and the Racial Wealth Gap

A new study, published Monday, states that the racial wealth gap is so wide, that it would take 228 years for black and Latino families to amass the wealth that white families currently have. My colleague, Chauncey Alcorn, has an excellent analysis here. It’s worth...

CEOs have millions more put away for retirement than their workers

The retirement assets of 100 Fortune 500 CEOs are worth more than the entire nest eggs of 41% of American families, a new study shows. That means the 100 largest CEO retirement accounts—which totaled $4.9 billion last year—would equal the total saved by 50 million...