economic-inequality
3 stories related to this topic, newest first.
BrokenSphere / Wikimedia (CC BY-SA 4.0)Sen. Tim Scott Urges Jerome Powell to Leave Fed as Chair Term Ends This Month
Sen. Tim Scott expressed hope that Federal Reserve Chair Jerome Powell will depart after his term ends in May, suggesting Powell might stay to challenge the incoming leadership. Powell plans to remain as a governor until 2028, citing concerns over threats to Fed independence. Sou…
Michal Osmenda / Wikimedia (CC BY-SA 2.0)CEO Pay Rose 20 Times Faster Than Worker Wages in 2025; May Day Protests Held
A new analysis revealed CEO compensation surged 54% from 2019 to 2025 while global worker pay fell 12% when adjusted for inflation. Workers and unions marked May Day 2026 with rallies worldwide, highlighting widening inequality. In Africa, trade unions called for better tax syste…
Chad Davis. / Wikimedia (CC BY-SA 4.0)Thousands Join May Day Protests Across US Amid Economic Divide Reports
Thousands participated in May Day protests nationwide on May 1, calling for strikes and boycotts against billionaire influence and government policies. The events coincide with new research highlighting a K-shaped spending trend since 2023, where high-income households drive reta…