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The Latest Breaking News from Inequality

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

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As the American Dream dies, Americans struggle with their billionaires

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

Fortune

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

The Independent UK

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 ...

Top News

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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…

The Conversation

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 - AU

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 Guardian - UK

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”.

The Conversation

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…

Newslaundry

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.

The Conversation

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…

France 24

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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 ...

International Business Times

In Rio, G20 Finance Ministers To Mull Taxing The Super-rich

Faced with growing global inequality, G20 finance ministers meeting Thursday in Rio de Janeiro will tackle the thorny issue of taxes for the super-rich, a topic that has divided member states.

The Guardian - UK

Labour will fail in government if it does not reduce inequality, says new MP

Torsten Bell’s comments come as party leadership has become embroiled in a row over the two-child benefit cap

Fortune

Gen Z buying Prada and Dior fakes to 'achieve a sense of social equality'

Awareness of income inequality, not bargain huntng, will likely make you buy counterfeit LVMH, university study reveals.

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The Guardian - UK

Our landmark book revealed the cost of inequality. Fifteen years later, things have only got worse

Labour should be emboldened by the popularity of policies aimed at breaking down inequality, say authors Richard Wilkinson and Kate Pickett

The Conversation

Buses weren’t the only civil rights battleground in Montgomery – the city’s parks still reflect a history of segregation

Montgomery, Alabama, touts itself as the birthplace of the U.S. Civil Rights Movement. But although Montgomery now embraces its history of bus boycotts and protest marches, it remains one of the most segregated U.S. cities, and still struggles with racial inequality.

GoodToKnow

School exclusions reach record high due to 'stark inequality' and this former teacher isn't surprised

"This has been a storm that has been brewing for a number of years"

Top News

Ambani Wedding Extravaganza Raises Questions On Wealth Inequality

Explore the extravagant wedding of Mukesh Ambani's son, Anant Ambani, featuring global stars and opulent displays, sparking debate on wealth disparity.

The Conversation

Your parents’ income doesn’t determine yours – unless you’re ultra rich or extremely poor

Australia is among the strongest global performers in terms of income mobility between the generations, according to a new Productivity Commission report.

The Guardian - UK

Wetherspoon’s boss Tim Martin praises economic ‘pedigree’ of Rachel Reeves

Brexit supporter calls for new chancellor to ‘rectify tax inequality’ in hospitality industry

The National (Scotland)

Patrick Harvie speaks out as King and Queen visit Scotland for Holyrood Week

THE royal family’s visit to Scotland this week is symbolic of huge inequality in the UK ahead of the General Election, the Scottish Greens…

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