The looting of stores belonging to brands like Dior, Celine and Hermès has exposed a crack in the glossy facade.
Category: Income Inequality
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In France, Raging Against the Luxury Machine
The New York Times – Fashion & Style: -
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
The New York Times – Business:Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
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Chris Rock Has Been Thinking About Forgiveness
The New York Times – Movies:The comedian and filmmaker on what real friendship looks like, what keeps him up at night and his new movie, “Misty Green.”
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Are Democrats Worried About the Wrong Rich People?
The New York Times – Business:As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.
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Review: Matières Fécale’s Parisian Fashion Dream
The New York Times – T Magazine:Pregnant women, bodybuilders, punks, family — a heartfelt Matières Fécales show jolts Paris Fashion Week. But what about the clothes?
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Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force
The New York Times – Business:Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
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We’re in a New Era of Class Warfare. History Points to a Way Out.
The New York Times – On the Runway:The class-based violence of the past was part of a broader struggle. Today, the violence is the end in itself.
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Mark Cuban and Other Founders Wade Into Wealth Tax Debate
The New York Times – Business:Some entrepreneurs, including Mark Cuban, are publicly worried about the potential fallout from California’s proposal to impose a special billionaire tax.
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Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
The New York Times – Business:Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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Leaving Property to Your Heirs Can Lead to Headache, not Robust Wealth
The New York Times – Business:Real estate passed down without a clear title of ownership can prevent families from creating generational wealth.
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Less Than 10 Percent of Eligible Children Have Trump Accounts
The New York Times – Business:More than six million have been signed up for the investment accounts, which open for contributions July 4, but there are barriers to uptake.
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A.I. Riches Fuel Economic Divide in Asia’s Chip Powerhouses
The New York Times – Business:A.I. demand is driving stock market gains and booming exports in South Korea and Taiwan. But the rest of the economy is being left behind.