Showing posts with label income inequality. Show all posts
Showing posts with label income inequality. Show all posts

Saturday, August 29, 2026

CEOs earn 614 times more than workers at US’s 100 lowest-paying corporations

“Low-wage workers are now facing the biggest cuts to Medicaid and Snap [food benefits] in history. Many of the employees at these companies have to rely on those programs, and then so many of them have also been terrorized and detained by ICE agents,” added Anderson. “So it’s really astounding that the leaders of these companies have turned a blind eye to this surge of threats against many of their workers, and instead they’ve just continue to be fixated on enriching themselves.”…

https://www.theguardian.com/us-news/2026/aug/27/ceo-worker-pay-ratio-us-analysis


 

Saturday, May 2, 2026

CEO pay soared in 2025, 20 times faster than workers’ pay

When adjusted for inflation, global worker pay declined 12% between 2019 and 2025, the equivalent of 108 days of free work during that time period. In comparison, CEO compensation increased by 54% between 2019 and 2025.

 https://www.theguardian.com/business/2026/may/01/ceo-pay-workers-minimum-wages


 

Monday, February 2, 2026

Fossil fuel firms may have to pay for climate damage under proposed UN tax

If it can be made to work, the treaty could be a big step forward in making fossil fuel producers pay for the damage they cause, and in ensuring the richest contribute. Inequality rates have soared in recent years, with the wealthiest 0.001% of the population – roughly 56,000 people – holding three times more wealth than the poorer 50%, and the disparity is growing...

https://www.theguardian.com/environment/2026/feb/01/fossil-fuel-firms-may-have-to-pay-for-climate-damage-under-proposed-un-tax


 

Monday, November 24, 2025

China has brought millions out of poverty. The US has not – by choice

The Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago...

https://www.theguardian.com/us-news/2025/nov/23/china-us-poverty-income-inequality


 

Tuesday, November 4, 2025

Top 10 US billionaires’ collective wealth grew by $698bn in past year – report

Meanwhile, over 40% of the US population, including nearly 50% of children, are considered low-income, with family earnings that are less than 200% of the national poverty line. 

When pitting the US against 38 other higher-income countries in the Organisation for Economic Co-operation and Development (OECD), the US has the highest rate of relative poverty, second-highest rate of child poverty and infant mortality, and the second-lowest life expectancy rate...

https://www.theguardian.com/us-news/2025/nov/03/wealth-billionaires-increase-trump










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