All Articles on Economy

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Biden and Bloomberg Want Uncle Sam to Defer to Uncle Scrooge
The biggest fear among the billionaire class is not that a progressive Democratic nominee will lose against Trump. The biggest fear is that such a nominee will win.
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Inequality and the Iron Law of Decaying Public Services
The fires ravaging California offer still another reason to fear our grand economic divides.
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If Money Is Tight, Climate Change Is Your Issue
"40 percent of Americans can’t afford a $400 emergency — and more emergencies are coming."
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UN Votes 187-3 to Condemn US Embargo Against Cuba, With Israel and Brazil Joining Trump Administration as Lone Outliers
"The blockade has caused incalculable humanitarian damages. It is a flagrant, massive, and systematic violation of human rights," said Bruno Rodríguez Parrilla, Cuba's foreign minister.
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Okay Kids Do Your Thing
Yeah, no disruption here. Getty Image It seems Trump's desperate quest to find a public sports event that won't boo him off the planet has already run into a couple of glitches. Having lost Kentucky to do-nothing Democrats and hungry to get a win in Louisiana's gubernatorial contest, he evidently...
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Bernie Sanders Says Bloomberg's Moves Toward 2020 Bid Shows 'Billionaire Class Is Scared'
"They should be scared," added Sanders, a 2020 Democratic presidential contender.
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A record number of CEOs left their positions in October, the most since the recession in 2008. News
'Maybe Rich People Can See the Writing on the Wall': CEOs Stepping Down at Levels Not Seen Since 2008
"You expect a high turnover during a recession period. To see more turnover during a period where companies are doing very well is surprising."
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Why are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008? (Photo: Phillipp/cc/flickr) Views
Is the Run on the Dollar Due to Panic or Greed?
It looks to be just another case of Wall Street fattening itself at the public trough, using the funds of mom and pop depositors to maximize bank profits and line the pockets of bank executives while depriving small businesses of affordable loans.
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Bill Gates, billionaire, speaks onstage at 2019 New York Times Dealbook on November 06, 2019 in New York City. News
Taxing Bill Gates $100 Billion, Counters Bernie Sanders, Could End Homelessness and Microsoft Founder 'Would Still Be a Multibillionaire'
The message, said the 2020 candidate, is that "the billionaire class cannot have it all when so many have so little."
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An estate tax is levied on the value of a deceased person's estate before it's distributed to the heirs. (Photo: Flickr/cc) Views
Hiking the Estate Tax Will Help Close the Wealth Gap
A robust estate tax would limit the American aristocracy, narrow the wealth gap and raise revenue for public services essential to those of us who won't inherit a fortune.
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