Last week, the Economic Policy Institute, a nonpartisan thinktank, released a report on the increasing pay gap between chief executives and workers. This research tells a familiar story with updated figures. When taking into account stocks, which now make up more than...
Every adult in the world could get a Covid-19 vaccine if the wealth billionaires collected during the pandemic was taxed 99% once, according to an analysis published on Thursday by several groups that advocate for economic equity. … Read the full article at The...
Big tech provided the world with some startling numbers this week. In the last three months Amazon’s sales have averaged over $1.2bn a day. It took the company less than four seconds to earn the $52,000 the average American makes in a year. Apple is now sitting on...
The richest 660 people in the US have collected a $1.1tn (£800bn) “windfall of wealth” since the coronavirus pandemic began, according to a report by a US progressive thinktank, the Institute for Policy Studies. … Read the full article at The...
Former drug dealers should be recruited and trained to produce safe, legal cannabis if the UK decides to legalise marijuana, the head of an American programme overseeing the sale of the narcotic has urged. The Commissioner in charge of legal cannabis sales...
Joe Biden, the Democratic frontrunner, clashed with his primary rivals on Monday over whether it is “naive” to try to work with and win over Republicans in a post-Donald Trump era. … Read the full article at The Guardian.
Carl Shoupe, a 71-year-old who lives in Benham, Kentucky, at the foot of the tallest mountain in the state, does not feel well served by America. When he came back from Vietnam, he went to work in the coalmines. At 22, he was nearly killed by a roof collapse. …...
Some of the most extreme examples of the gap between executive and median worker pay occurs at companies directly supported by federal contracts and subsidies, a new study has found. The latest Executive Excess report, published annually by the Institute for Policy...
Even for a lesser titan of finance, one without a reputation for deep self-regard, it would have qualified as a painfully humbling moment. At a news conference in January, Gary Cohn, who was the Goldman Sachs No 2 for a decade, found himself called to the lectern...
Even for a lesser titan of finance, one without a reputation for deep self-regard, it would have qualified as a painfully humbling moment. At a news conference in January, Gary Cohn, who was the Goldman Sachs No 2 for a decade, found himself called to the lectern...
After decades of decline unions have found a new champion in efforts to organize workers: the Black Lives Matter movement. Unions have suffered as manufacturing has moved south away from their old strongholds in the north of the US. Membership rates were 10.7% in...
Donald Trump’s plans to reduce the corporate tax rate from 35% to 20% will are unlikely to create the promised boom in jobs, according to a new report from the non-partisan Institute on Tax and Economic Policy. Trump and Paul Ryan, Speaker of the House of...
Once a customer has barked their order into the microphone at the Popeyes drive-thru on Prospect Avenue, Kansas City, the clock starts. Staff have a company-mandated 180 seconds to take the order, cook the order, bag the order and deliver it to the drive-thru window....
