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The Latest Breaking News from Inequality

Jon Stewart on Trump’s Gatsby party: ‘The theme was apparently gross income inequality’

Late-night hosts discuss Donald Trump’s tone-deaf Halloween party held as food assistance lapsed for 42 million Americans amid the government shutdown

The Guardian - US

America’s wealthiest billionaires got $698 billion richer this year—and Trump's tax policy could give them a new windfall

The top 10 richest U.S. billionaires took home 833,631x more money than the typical American home, and inequality could get worse thanks to President Donald Trump’s tax changes, job scarcity, and a looming recession

Fortune

First Thing: Trump administration to fund just half of food stamp benefits

Department of Agriculture using contingency funds to keep benefits going amid government shutdown. Plus, economists warn $70tn in inherited wealth over next decade will widen inequality

The Guardian - UK

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More than $70tn of inherited wealth over next decade will widen inequality, economists warn

Expert panel says report on gap in global wealth between rich and poor highlights need for intervention by G20

The Guardian - UK

First Thing: Top 10 US billionaires’ wealth grew by $698bn in past year

Oxfam says Trump policies risk driving inequality to new heights while noting Democrats have also exacerbated wealth gap. Plus, why Salman Rushdie’s therapist has called him a ‘badass’

The Guardian - UK

Top 10 US billionaires’ collective wealth grew by $698bn in past year – report

Oxfam warns Trump policies risk driving inequality to new heights – but Democrats have also exacerbated wealth gap

The Guardian - US

Why DEI needs depth, not death

The Conservative Party of Canada and leader Pierre Poilievre have begun circulating a petition calling for the elimination of diversity, equity and inclusion (DEI) initiatives and the reinstatement of “the merit principle,” arguing DEI spending and government waste “need to die.” The petition echoes Elon Musk’s infamous “DEI must DIE”…

The Conversation

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Is it wrong to have too much money? Your answer may depend on deep-seated values – and your country’s economy

Across cultures, people often wrestle with whether having lots of money is a blessing, a burden or a moral problem. According to our new research, how someone views billionaires isn’t just about economics. Judgment also hinges on certain cultural and moral instincts, which helps explain why opinions about wealth are…

The Conversation

New, 'values-led' lettings agency launches in London with aim of tackling housing inequality

Good Place Lettings provides good quality homes and responsible property management, with profits to be reinvested into supporting those facing homelessness

Evening Standard

How Rachel Reeves could balance Britain’s books and lower inequality

Letters: Caitlin Boswell lays out measures that would make taxation fairer and improve lives. Plus letters from Rachel Sharp, Dr Tim Owen and Paul McGilchrist

The Guardian - UK

Catalonia’s Socialist president: tackling inequality can blunt separatist and far-right voices

In an interview, Salvador Illa tells of ‘pragmatic approach’ as he seeks to persuade voters about benefits of coexistence with Madrid

The Guardian - UK

How does gender inequality affect people with disabilities?

People with disabilities face discrimination in all areas of life. However, disabled women face especially bigger challenges, according to Inclusion Europe.

Euronews

Why Madagascar's Gen Z Revolt Sent The President Running

Madagascar's Gen Z uprising over blackouts, corruption and inequality ousted President Rajoelina, exposing deep youth anger and the nation's fragile governance.

International Business Times UK

To become a fairer nation, Australia needs to set national inequality targets

“Income inequality hits a 20-year high”. “Housing is less affordable than ever”. “The staggering truth about wage inequality in Australia”. Those are just some of the headlines we’ve seen this year about new research on growing inequality, which often hits younger Australians hardest.

The Conversation

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Evening Standard

Girls facing multiple inequalities ‘less likely to do physical activity daily’

The Youth Sport Trust said too many girls, particularly those with multiple inequalities, were being left behind in PE and sport.

The Guardian - UK

Wednesday briefing: How to fight the right on reparations – and ‘rewire’ the architecture of inequality

In this weeks newsletter: Many paint reparations as impossible, unprecedented, even absurd – world experts tell a different story

Euronews

Will a ‘wealth cap’ help the environment? How inequality is fuelling the climate crisis

Climate goals will remain “out of reach” unless lifestyle-related carbon footprints are considerably slashed, a new report warns.

The Guardian - US

Boom time for US billionaires: why the system perpetuates wealth inequality

As the super rich grow even richer, inequality expert Chuck Collins says the system is broken – but it can be fixed

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The Conversation

YouTube shapes young people’s political education, but the site simplifies complex issues

There is a widely held misconception that young people are politically disengaged. This is based on narrow measures like voter turnout. But this overlooks the fact that many young people are deeply curious, especially when politics is understood more broadly: as a way to make sense of society, power and…

The Guardian - UK

Asad Rehman’s journey from antiracism campaigner in Burnley to head of Friends of the Earth

Climate crisis is ‘interconnected crisis of inequality’, says Rehman, who began organising at his school in the 1970s

The Guardian - UK

Inequality and despair bolster Reform UK in Kent

Letters: Cllr Teresa Murray on how the Reform-run council in Kent is driving hostility towards asylum seekers and dismantling public services. Plus letters from Peter Riddle and Paul Kane

The Conversation

The UK has a regional inequality problem – levelling the playing field for entrepreneurs could help

Regional inequality is a long-standing problem in the UK that successive governments haven’t been able to get to grips with. The Labour government is aiming for economic growth, but this will only happen by boosting the UK’s regions and nations along with London and south-east England.

Benzinga

Ex-Citibank Trader Says Wall Street's Best Economists Are Banned from Fixing the Economy—Here's His Radical Solution

The world’s most profitable economists are making millions predicting economic collapse for banks—but they’re shut out of the rooms where policy gets made. Gary Stevenson, a former trader at Citibank, says this disconnect is why governments keep getting blindsided by crises they should see coming.

The Guardian - UK

Study links greater inequality to structural changes in children’s brains

Researchers say findings show inequality creates toxic environment and reducing it is ‘a public health imperative’

Evening Standard

Inequality may alter children’s brains regardless of individual wealth – study

Experts looked at MRI scan images from 10,071 children aged nine to 10 in 17 US states.

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