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- September 16, 2026
Luxury cars are an indulgence often out of reach for all but very wealthy people.Credit: Mike Kemp/In PIctures/Getty Between 2000 and 2024, the richest 1% of people captured 41% of all new wealth. By contrast, just 1% was captured by the poorest 50%. These and other data on both income and wealth inequality were outlined
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- September 9, 2026
Weeks ago, hedge fund investor Stanley Druckenmiller wrote an op-ed in The Wall Street Journal criticizing Treasury Secretary Scott Bessent’s decision to increase government purchases of long-term Treasury bonds in an effort to bring down yields. The op-ed sparked controversy, not so much for the fact that Druckenmiller was publicly rebuking his former protege, but
READ MORE- SCIENCE, Science / Health, Science Mission Directorate, scientists, Space, Space Communications & Navigation Program, Space Launch System (SLS), Space Telescope, space-x-ipo, SpaceX
- September 9, 2026
Increasing inequality demands action. The richest 10% of adults globally receives more than half (53%) of the world’s income, whereas the poorest half receives 8%. Wealth is even more concentrated, with the richest 10% owning around three-quarters of global wealth while the poorest half owns just 2%1. Almost two-thirds of people live in countries where
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