Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.
Category: Income Inequality
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Jane F. McAlevey, Who Empowered Workers Across the Globe, Dies at 59
An organizer and author, she believed that a union was only as strong as its members and trained thousands “to take over their unions and change them.”
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America’s Divided Summer Economy Is Coming to an Airport or Hotel Near You
The gulf between higher- and lower-income consumers has been widening for years, but it is expected to show up especially clearly in travel this season.
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Soma Golden Behr, Longtime Senior Editor at The Times, Dies at 84
She was the first woman to serve as the paper’s national editor. She rose to assistant managing editor, generating ideas for prizewinning articles.
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Behind the Unrest in Kenya, a Staggering and Painful National Debt
Kenya, the fastest growing economy in Africa, is on the brink of a fiscal calamity. Across Africa, nations are spending more on interest than on health or education.
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The Sky’s the Limit for C.E.O. Pay
With new executive pay disclosures, the big picture is still riches at the top and lagging wages for most of the rank-and-file, our columnist says.
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High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.