| Sep 24, 2014 | Economy / BusinessWhen the Census released the latest data on inequality, most mainstream media outlets shrugged it off. That’s quite a contrast from earlier this year when inequality was all the rage. Reporters were scrambling to write about it. In January, President Barack...
| Sep 17, 2014 | Economy / BusinessIt doesn’t take long for viewers of #RichKids of Beverly Hills to realize the show is deliberately trying to make you feel poor. Watching heiresses in their mid-twenties drop more on a day of shopping than the average American spends buying a home makes the...
| Sep 16, 2014 | Economy / BusinessHere’s an unusual super-rich guy with a strange message for his fellow 1-percent-of-the-1-percenters. Nick Hanauer, who made billions as an Internet entrepreneur, recently wrote an open letter to his fellow über-richies. “The true job creators are...
| Aug 27, 2014 | Economy / BusinessLabor Day is supposed to be a celebration of workers, but it’s been a long time since workers have been celebrated — or for that matter, have had a reason to celebrate. That’s because the union movement that gave us this holiday is, at least numerically, a...
| Aug 6, 2014 | Economy / BusinessFor the first time since 1997, the U.S. economy just added at least 200,000 jobs per month for six months running. GDP grew at a 4 percent annual clip between April and June. The percentage of Americans who describe the economy as “good” has climbed to the...