New Wall Street bonus numbers reveal how these payouts have far outpaced the rise in the federal minimum wage — and how this in turn has contributed to race and gender inequality.
The rapid expansion of the Wall Street bonus pool over the past few decades has contributed to race and gender inequality. Since 1985, the nominal value of the average Wall Street bonus has jumped 890 percent.
A new Institute for Policy Studies report reveals a wide divide in retirement assets between America’s top CEOs and average Americans. Chalk that gap up to rules rigged against workers.
The gap in personal net worth between the 2016 presidential candidates and average Americans could hardly be more stark. All the top-tier candidates save two have fortunes of at least $3 million.