The Pandemic Has Made US Billionaires $1.6 Trillion Richer

Update (April 12, 2021): The assets of America’s billionaires have soared in value a good deal more since this article originally published. As of April 12, 2021, combined billionaire net worth was more than $1.6 trillion more than it was on March 18, 2020, when...

100 CEOs Have the Retirement Savings of 116 Million Americans

 President Barack Obama has called runaway income inequality the “defining issue of our time.” The disparity between exploding corporate profits and stagnating paychecks fueled Bernie Sanders’ presidential campaign and continues to grow. Currently,...

Coal Companies Are Dying While Their Execs Grab More Cash

These are dark days for coal. In July, the industry hit a milestone when a major power company announced plans to shutter several coal-fired power plants in Iowa: More than 200 coal plants have been scheduled for closure since 2010, meaning nearly one-fifth of the US...

If You Own a Pitchfork, You Will Grab It When You See This Chart

This statistic provides a pretty compelling snapshot of the severity of our income gap: In 2014, Wall Street’s bonus pool was roughly double the combined earnings of all Americans working full-time jobs at minimum wage. That sobering tidbit came from a new...