On the Latino economic front, there is good news, bad news, and worse news. The overall economic condition of Latinos is improving. The U.S. Department of Treasury reports that between 2013 and 2022, ...
We tend to talk about wealth in economic terms—tax policy, markets, incentives—but rarely in moral ones. In an age that idolizes accumulation, posing moral limits threatens to expose something we’d ...
Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The Federal Reserve recently released new household data in two ...
In a recent study conducted by the United States Census Bureau, the disproportionate racial wealth gap in America was starkly highlighted. The 2022 median income for white households averaged $285,000 ...
As it enters its 11th year, America’s economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped fuel an ...
California Gov. Gavin Newsom acknowledged that the state’s proposed wealth tax is bad economics. Newsom said he feels vindicated in opposing the proposed wealth tax after reports showed some of ...
Dēmos and New Economy Project explore how public banking can expand opportunities for communities of color to build shared generational and community wealth. For decades, the racial wealth gap has ...
The latest readings on consumer sentiment are sounding alarms across the financial world. While hard data on the economy can be negative, only when consumer optimism drops do we see a decrease in ...
The global economy needs strong institutions and coordinated international action. Concerted international efforts, with adequate representation from developing countries, are required to accelerate ...