President Donald Trump has cut programs helping lower-income households while advancing policies benefiting the wealthy and ...

Robert H. Frank sees the restoration of progressive income taxation as the only way to shift long-term spending patterns.

The US faces a $39T debt burden, with interest payments set to reach $1T by 2026, echoing post-WWII debt levels. Read what ...

Most Americans’ household income remained steady last year, in part because inflation counteracted gains in income, the U.S. Census Bureau said Tuesday. But there were some notable exceptions: The ...

WASHINGTON (AP) — Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than other consumers, according to new data released Tuesday ...

When it comes to wealth inequality, does the source of the wealth matter? Might there be a different economic impact of wealth derived from entrepreneurial riches versus that of inherited fortunes? A ...

Millionaires have become far more common over time, driven by global economic growth, inflation, and wealth creation. In the early 20th century, being a millionaire was extremely rare. Historical ...

Inequality is a big issue in the election campaign—but how is it actually playing out in Denmark, and what’s driving it?