Wall Street Bonuses Decline But Still Dwarf Worker Pay Increases Since 2008 Crash

Wall Street Bonuses Decline But Still Dwarf Worker Pay Increases Since 2008 Crash

Since 2008, the average Wall Street bonus has climbed by more than 75 percent, compared to just a 54 percent increase in average earnings of all private sector workers and a 42 percent rise in manufacturing wages. If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $42.37 today.

Report: Billionaire Bonanza 2020

Report: Billionaire Bonanza 2020

Billionaire wealth has grown astoundingly over the last few decades — and, for some “pandemic profiteers,” even more dramatically since the COVID-19 crisis.

Should Zoom Be a Public Utility?

Should Zoom Be a Public Utility?

Online platforms like Zoom and Skype have become basic, public necessities as our lives are upended by the coronavirus. Should they be nationalized?