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The Latest Breaking News from Inequality

AI will make the rich unfathomably richer. Is this really what we want?

The ‘knowledge economy’ promised cultural and social growth. Instead, we got worsening inequality and division. Artificial intelligence will supercharge it

The Guardian - US

Inequality in Africa: what drives it, how to end it and what some countries are getting right

The relationship between inequality and economic growth is a complex one, especially in Africa. Inequality is the result of a host of factors, including policy choices, institutional legacies and power structures that favour elites. Professor Imraan Valodia, director of the Southern Centre for Inequality Studies spoke to Ernest Aryeetey, emeritus…

The Conversation

Researchers reveals how much money we need to be happy

Decades of international research have consistently shown that materialistic goals undermine wellbeing

The Independent UK

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How much money do you need to be happy? Here’s what the research says

Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 trillion (A$1.5 trillion) compensation plan, if Musk can meet a series of ambitious growth targets.

The Conversation

Robert Reich Says 'The Rules Of The Game Changed' In The 1980s. Median Wages Stagnated While Wealth Flowed To The Top

Economic inequality in America today stems from a shift in the early 1980s when “the rules of the game changed,” former Labor Secretary Robert Reich recently warned.

Benzinga

Ray Dalio Warns AI Will Create Unprecedented Inequality: 'Limited Number Of Winners'

Ray Dalio, founder of Bridgewater Associates, warned on Thursday that artificial intelligence will lead to unprecedented inequality, benefiting only the wealthiest 1% to 10% of Americans, while displacing millions of workers across various industries.

Benzinga

Wealth inequality across Europe: Which countries have the most unfair distribution?

In early 2025, the wealthiest 5% in the euro area held 45% of net household wealth. Euronews Business takes a closer look at wealth inequality across Europe.

Euronews

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From the Great Stink to the modern sewage scandal: why 19th-century sewers are failing 21st-century England

The raw sewage in England’s rivers and seas is not just a story of corporate failure. It’s also a legacy of Victorian sewers – impressive and high-tech in their day, but with inequality and exploitation baked in.

The Conversation

Income inequality dipped and fewer people moved, according to largest survey of US life

Income inequality in the United States dipped last year, with median household income rising slightly

The Independent UK

Young people want social cohesion too. This means tackling the causes of inequality

Young people are under intense scrutiny. They are subject to community, media and policy concerns about everything from technology use to public safety.

The Conversation

9 Everyday Items That Cost Poorer Families More Than the Wealthy

Money isn’t fair—and not just in the big flashy ways like yachts, private jets, or gold-plated toothbrushes. Everyday expenses can quietly drain the wallets of low-income families much faster than those with deep pockets. It’s the invisible penalty of being poor: spending more, not less, for the same necessities. From…

Everybody Loves Your Money

Why Do Rich Neighborhoods Often Get Faster Emergency Services

Imagine two ambulances parked in a city. One heads to a leafy, gated community with manicured lawns and million-dollar homes. The other speeds toward a low-income neighborhood where sidewalks are cracked and streetlights are dim. Too often, the first ambulance arrives sooner. It’s a pattern people notice but rarely unpack,…

Everybody Loves Your Money

Polls will show if Norway will continue to be a social welfare state or not?

The ruling centre-left bloc wants to keep it to fight inequality, while the right-wing opposition wants it scrapped. General elections will define the new system.

Euronews

A longstanding tax on wealth is a central issue as prosperous Norway votes in a close election

Norway is holding an election on Monday, with inequality and the future of a century-old wealth tax in focus

The Independent UK

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Al Jazeera

Sanders, Mamdani rally progressive voters as NYC mayor’s race intensifies

Mamdani discusses how he plans to address income inequality and affordability issues in the largest US city.

Benzinga

Scott Bessent Says 'Fed Must Change Course' As Trump Weighs Jerome Powell Successors, Treasury Secretary Calls For 'Nonpartisan Review'

U.S. Treasury Secretary Scott Bessent escalated his criticism of the Federal Reserve on Friday, urging sweeping reforms and accusing the central bank of driving inflation and inequality while President Donald Trump weighs successors to Fed Chair Jerome Powell.

The Free Financial Advisor

Why Do Poorer Families Pay Higher Interest Rates Than Wealthy Ones

Interest rates affect nearly every financial decision a family makes, from buying a home to using a credit card. For poorer families, higher interest rates can make it much harder to get ahead, turning necessary purchases into long-term burdens. The difference in rates between low-income and wealthy families isn’t just…

Euronews

The hidden cost of international trade and the countries left behind

While international trade can be a powerful tool to address some of the world’s most complex challenges, it can also contribute to inequality between rich and poor nations.

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International Business Times UK

America Now Boasts 1,135 Billionaires Worth A Staggering £4.5 Trillion – Which Industries Made Them Rich?

The US now hosts a record 902 billionaires worth trillions—driven by finance and tech wealth creation across multiple sectors and raising fresh questions on inequality.

The Guardian - UK

Rising inequality is turning US into an autocratic state, billionaire warns

Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economy

International Business Times

Govt Gestures Leave Roots Of Indonesia Protests Intact

Government gestures to calm deadly protests in Indonesia have done little to address the economic inequality and hardship fuelling the unrest, leaving deep resentment to linger and flare up again, experts say.

Benzinga

Trump Administration Tells American Workers: 'We Fight For You' — Obama, Bessent And Others Flood Social Media With Labor Day Posts

Political leaders marked Labor Day 2025 with messages honoring American workers, while massive demonstrations in more than 900 cities highlighted tensions over tariffs, inequality and the policies of the Donald Trump administration.

The Free Financial Advisor

Why Do Rich Neighborhoods Get Services Poorer Ones Don’t

Drive through almost any city, and the contrast between neighborhoods can be striking. In wealthier areas, streets are well-paved, parks are clean, schools are modern, and services seem abundant. Just a few miles away, poorer neighborhoods often struggle with neglected infrastructure, underfunded schools, and limited public resources. Many wonder why…

Benzinga

Robinhood CEO Says AI Will Make Investing 'Much Bigger And More Necessary'—But There's A Catch For Wealth Inequality

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vladimir Tenev believes artificial intelligence will fundamentally reshape how Americans think about investing, predicting that putting money to work in the markets will become a "much bigger and more necessary part of individual lives’" within the next decade.

The Independent UK

South Africa commissions an inequality report for G20 summit

South Africa is commissioning a report on global wealth inequality in time to present at the Group of 20 summit it hosts in November

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