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The Latest Breaking News from Inequality

Why Some Silicon Valley Billionaire Bros Want Trump to Be the ‘CEO of America’

The former president has attracted growing support from tech investors, who are seeking favorable tax policies and more deregulation that could widen inequality.

Capital & Main

$How the United Nations’ Pact for the Future could help heal a fractured world$

How the United Nations’ Pact for the Future could help heal a fractured world

The problems of the world, including climate change, ongoing war, the COVID-19 pandemic and other emerging diseases, human rights abuses and gross inequality, are spilling well beyond national borders and the ability — or willingness — of individual countries to manage them.

The Conversation

Emerging markets could miss out on AI wins: World Bank

Artificial intelligence may not necessarily make the fight against inequality any easier, the World Bank president has said during an Australian visit.

AAP

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Economic inequality leads to anger – and riots

Letters: Dr Robert Forde and Emeritus Professor John Butcher respond to an article on the reasons behind the recent riots

The Guardian - UK

Encouraging a four-day working week could make inequality worse

The UK government has announced a proposal that would give workers the right to request a four-day working week.

The Conversation

Is ‘No tax on tips’ a distraction from the fight to end sub-minimum wages?

Trump and Harris have vowed to ban taxes on tips. Critics say it’s not a solution for service workers’ unlivable wages

The Guardian - US

Australia is becoming more unfair and the tax system needs to change: report

'People who earn income from work are paying more tax than people who earn income from their wealth.'

The Canberra Times

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Oprah Winfrey Shouts Out “Childless Cat Ladies” During Surprise DNC Appearance

"I've seen racism and sexism and income inequality and division."

Marie Claire

Want to fight gender inequality? A review of data from 118 counties shows that development aid works

Gender inequality isn’t just unfair — it’s also a drag on the world economy. Giving women the same economic opportunities as men would add about US$12 trillion to global gross domestic product by 2025, one analysis found. That’s an 11% boost.

The Conversation

Democratic party’s 92-page platform lacks a call for arms embargo on Israel

The document focused on domestic objectives, such as growing the economy and combatting inequality

The Guardian - US

Australia’s gender pay gap has hit a record low – but we still have work to do

Australia’s gender pay gap – a key measure of economic inequality between men and women – has fallen to a record low of 11.5%.

The Conversation

3 Luxury Goods Stocks to Buy as Wealth Inequality Widens

Wealth inequality intensifies the demand for luxury goods as a growing affluent class seeks exclusive, high-end products. This dynamic is fueling the luxury goods market's expansion. Thus, sound luxury stocks Ferrari (RACE), H & M (HNNMY), and Ralph Lauren (RL) could make wise additions to one's portfolio. Read on….

StockNews.com

Heat inequality ‘causing thousands of unreported deaths in poor countries’

Friederike Otto, of World Weather Attribution, says poor people and outdoor workers are dying around the world

The Guardian - UK

As the American Dream dies, Americans struggle with their billionaires

Americans are souring on the wealthy, calling them to task amidst surging inequality.

Fortune

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The Independent UK

RAAC, Covid, cost of living: What will affect A-level grades on results day 2024?

The education secretary has said inequality is ‘baked-in’ to England’s school system

The Independent UK

A-level top grades up on last year but educational inequality widens

Hundreds of thousands of students received their A-level results on Thursday morning, with more than a quarter of UK entries awarded an A or A* grade

Top News

2024 Election Candidates Addressing Economic Insecurities

2024 election focuses on economic concerns as Trump and Harris propose contrasting solutions. Globalization, income inequality, and inflationary pressures ...

The Conversation

South Africa has a huge gap between the rich and poor - 4 urgent reasons to tackle inequality

South Africa has exceptionally high levels of inequality. As someone who studies issues of inequality and sustainability, I have argued before that South Africa’s income inequality is the highest of all countries that have data on this. This means that the gap between the rich and the poor is wider…

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The Guardian - AU

The rich are getting richer: Australia’s wealth divide continues to widen

Wealth disparity will soon destroy any ‘semblance of equality’ in Australian society, Australia Institute research finds

The Guardian - UK

Education secretary warns of ‘baked-in’ inequality in English school system

Bridget Phillipson says she is determined to reduce attainment gap as teenagers anticipate A-level results

The Conversation

UK minimum wage to rise – here’s how it could really tackle the cost of living and inequality

After more than a decade of stop-start minimum wage policy under the Conservatives, much has been made of the incoming Labour government’s intentions to raise the national minimum wage up to the level of a “real living wage”.

Newslaundry

Middle-class rage, TRPs: Why legacy media is sliding off the govt’s ‘godi’

India’s middle class is a bit like me. When unhappy we both simmer for a while, get more and more resentful and then explode suddenly. Once our rage is out in the open, we start looking for random reasons to fuel our fury.This is precisely what we are seeing with…

The Conversation

Xi signals no deviation from course – nor in the driver – despite economic bumps in the road

Chinese President Xi Jinping has laid out his vision for China’s economic and social future – and it places Xi Jinping at the very center.

France 24

Venezuela's damaging dependence on its oil industry

As Venezuela's opposition contests the re-election of President Nicolas Maduro, we take a closer look at the South American country's economic challenges. Hyperinflation, which reached a peak in 2019, may have subsided but it has underlined issues with wealth inequality and dependence on the oil sector. In addition, Caracas is…

Top News

Global Finance Ministers Discuss Taxing Super-Rich

Global finance ministers discuss a proposed 2% tax on billionaires to address wealth inequality and fund public services and climate initiatives in Rio de ...

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