In this Silicon Valley community that rates as America’s richest zip code, nine mansions sold in 2014′s first quarter for over $10 million.
Hedge funds have become a bad deal for everyone except their managers. They don’t deliver high enough returns to justify their huge fees, and they generate economic instability.
The richest fifth of America’s families will receive $181 billion in home-owning subsidies this year, a total 2.25 times more money than food stamp recipients received last year.
A Deloitte corporate consulting executive in India warns of disaster ahead if wealth continues to cascade up and not trickle down.
Hedge fund managers are continuing to grab huge personal earnings, the latest annual figures from Alpha magazine show, despite a lackluster hedge fund industry overall performance.
Why inequality remains fundamentally a choice.
The top 1 percent of Americans now take home 20 percent of all pre-tax income in the country, or more than double their share in 1980, says a new OECD report.
The cumulative effects of years of deindustrialization, weakened unions, and soaring inequality have fundamentally reordered the nation.
Under a pending California legislative proposal, businesses that reward their top officials with outlandish bonuses and salaries would be forced to pay a special tax.
How consultants like Ira Kay help keep top execs on a perpetual upward pay escalator.