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.
Category: Income Inequality
-
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.
-
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.
-
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.
-
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.
-
How the High Cost of Borrowing May Skew the Presidential Race
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.
-
A Wealth Shift That Could Leave Some Younger Americans Behind
Assets held by baby boomers are changing hands, but that doesn’t mean their millennial heirs will be set for life.
-
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
-
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.