Apple ended last year sitting on a $137 billion stash of cash, enough to double U.S. foreign aid to developing countries for three and a half years — or give every Apple employee a $1.7 million bonus.
Huge executive pay packages, a new UK High Pay Centre report shows, can no longer be justified on the basis that we have a competitive global market for chief executives.
A photographer shares her insights about China’s great divide.
Brace yourselves. We’re only going to hear more kvetching from the rich for being asked to take a wee dose of the austerity medicine they’re all too happy to force on the middle class and poor.
Even the wealthy, notes the former U.S. labor secretary, do better when prosperity gets shared.
The official German Corporate Governance commission has just proposed new rules that require firms to set executive pay maximums. These maximums, the commission’s proposed new rules suggest, should take into account the relationship between executive and worker pay.
How the invasion of London by the global super rich is negatively impacting the city’s average families.
A profile of what may become the most important anti-inequality film in years, a new release that stars former U.S. labor secretary Robert Reich.
A dual gap has opened in global wage trends. The wages of most workers are falling more and more behind those of top earners, even as average wages are failing to keep pace with labor productivity growth, new research shows.
A new study reveals that the total U.S. state and local tax burden averages 11.1 percent of income for households in America’s poorest 20 percent and just 5.6 percent of income for the nation’s top 1 percent.