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Wealth-X report: Billionaire wealth surged during pandemic

A new report from research firm Wealth-X found that the global COVID-19 pandemic has intensified the growth of social inequality and witnessed an unprecedented accumulation of wealth among the most privileged layers in society.

A decade on, Occupy Wall Street's legacy on income inequality | Business and Economy News

Effect of cutoff of jobless aid

The ending of federal unemployment programs and eviction moratoriums with the support of both Republican and Democratic officials has left millions of workers in the US desperate as they rush to figure out how they will provide for themselves and their families.

Alexandria Ocasio-Cortez Hits Back at Critics, Defends Met Gala 'Tax The Rich' Dress

Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers

March 2, 2021 © Photo: Flickr/dmbosstone By Chuck COLLINS February 24, 2021 Update: US Billionaire Wealth Grows $1.3 trillion Since Mid-March 2020. As the US crosses the threshold of half a million deaths from the Covid pandemic, the nation’s billionaires continue to reap extraordinary financial gains.  After 11 months of pandemic misery, where millions have lost their jobs, health and wealth, total US billionaire wealth increased $1.3 trillion since mid-March, 2020, an increase of 44 percent. As of the market close on Friday, February 19, the country’s 664 billionaires now have combined wealth of $4.3 trillion, up from just under $3 trillion on March 18, 2020.   These findings based on Forbes data compiled in this report by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS). [See table of top 15 billionaires at the end.]