Category: Homepage Featured

Home HOMEPAGE Homepage Featured
Illustration Of A Scale Representing Economic Inequality Showing A Large Number Of People, Representing The General Population On One Side, And A Heavily-Weighted Side Showing A Single, Wealthy Individual Sitting On A Large Bag Of Money
Post

RICH GETTING RICHER: GLOBAL INEQUALITY HITS ‘EXTREME’ LEVELS AS TOP 0.001 PERCENT HOLD THREE TIMES THE WEALTH AS TO POOREST HALF OF THE WORLD

The World Inequality Report said last week that there is a widening gap between the world’s richest and the poorest, with fewer than 60,000 people—or 0.001 percent of the global population in control of wealth that exceeds the “poorest half of humanity.”

3D Rendering Of The Words "AI" And "ECONOMY" In Large, Glowing Text, Set Against A Black Background With Several Scattered Hundred-dollar Bills
Post

U.S. ECONOMY IS NOW DEPENDENT ON AI SPENDING

Investment in artificial intelligence (AI) programs and infrastructure accounted for as much as half the U.S.’s economic expansion during this year’s first half, according to The Wall Street Journal. At the same time, investments in AI-related stocks have soared in value, vastly multiplying the household wealth of many Americans.