261 words Trade war could cause global recession, Beijing official warns, as US investment growth in China sinks
153 words Putting a tax on wealth means we first must measure it
231 words Net worth of Americans aged 18 to 35 has dropped 34 percent since 1996: study. Despite stereotypes that millennials overspend, the Deloitte study found that the generation is paying more for education, food, transportation and other basic needs, while their incomes have stayed steady
228 words Inequality Will Eventually Hurt the Rich, Too - Most people spend whatever extra money they earn. The rich, however, are disproportionately likely to save any additional income, which means that income concentration saps consumer demand and threatens the viability of new investments
269 words Total US Debt Is over $75 Trillion; Debt-to-GDP Lower than in 2008
143 words U.S. corporate leaders are getting worried about a recession
1,027 words American taxes are unusually progressive. Government spending is not
139 words American taxes are unusually progressive. Government spending is not
162 words U.S. Student Debt in `Serious Delinquency' Tops $166 Billion
214 words Liberalism’s betrayal of itself—and the way back. To win against populists, centrists on left and right need to diverge not unite, says Hans Kundnani of Chatham House
172 words Billionaires who hate Alexandria Ocasio-Cortez's 70% tax on the superrich are adamant it will hurt the economy — but history suggests otherwise
129 words China’s Demographic Danger Grows as Births Fall Far Below Forecast
148 words A 22% rise in share values since 2016 is directly attributable to Republican-passed tax cuts, boosting the U.S. wealth gap.
152 words Analysis | Three economists ran the numbers on Trump’s border wall. They find it’s a bad investment.
243 words Ocasio-Cortez wants higher taxes on very rich Americans. Here’s how much money that could raise.
118 words Apple cut its sales forecasts for its key end of year period on Wednesday, citing the unforeseen “magnitude” of the economic slowdown in China
360 words Get Used to It, America: We’re No Longer No. 1 - China probably has become the world’s biggest economy and will reap the benefits that once flowed to the U.S.
115 words China is considering reducing tariffs on cars made in the U.S. to 15% from the current 40% which they had raised to back in July
154 words The global economy loses more than $ 2.5 trillion from corruption every year. On a global scale the annual volume of bribes is one trillion dollars
113 words Bitcoin is close to becoming worthless