Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.

AI-generated summary reviewed by our newsroom. Read our AI Policy. Macy’s will close its Triangle Town Center store, leaving two Triangle locations. Company cites focus on investing in stores and ...

Joseph E. Stiglitz is chair of the G20 Extraordinary Committee of Independent Experts on Global Inequality. Imraan Valodia does not work for, consult, own shares in or receive funding from any company ...

The Group of 20’s first report on inequality called for the creation of a panel to help governments confront a deepening crisis that is undermining democracy. The report by a group of experts led by ...

Imagine society as a ladder with 10 rungs. Where would you place yourself? That answer reflects your subjective social status—where you see yourself in society. Importantly, this is not necessarily ...

Indie game developer Happy Volcano and publisher Astra Logical dropped an updated demo for Modulus while confirming the game's Early Access release date. First up, the updated demo is on Steam as we ...

There are competing narratives about artificial intelligence’s impact on inequality. Some argue AI will exacerbate economic disparities, while others suggest it could reduce inequality by primarily ...

Global inequalities are in bad shape and mostly do not appear to be getting better. Disparities today are about the same as they were in the early 20th century, and the pandemic continues to make ...

The level of economic inequality in the city of Santiago in Brazil is evident along the border of a high-density, low-income favela neighborhood next to high-rise ...

For those of you who don’t remember the Global Financial Crisis of 2008 (it even has its own acronym, GFC), it was no walk in the park. From late-2007 to mid-2009, a downturn in the US housing market ...

If we’re not careful, we could see widening gaps within countries and between them. Prominent AI researchers expect the arrival of artificial general intelligence anywhere between “the next couple of ...