Bard College economist Pavlina Tcherneva has cooked up a frightening and much-shared income-inequality chart (see above) — “the most important chart about the American economy you’ll see this year,” ...

Since 1979, income growth has risen at a faster rate for the country’s richest 1% — while only modestly growing for the bottom 99%. In other words, the American inequality problem is very real.

While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

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The divergence seems to be due to higher income groups benefiting disproportionately from policy changes and also because ...

If you're like most Americans, you get the bulk of your cardio from marching in—or fleeing from—pitchfork-wielding mobs. These days, those mobs tend to be chasing oligarchs with their fancy castles ...