WSWS (2024-01-16). Oxfam report: A devastating indictment of monopoly power and inequality. wsws.org Since 2020 the world's five richest men have more than doubled their fortunes, at the rate of $14 million per hour, from $405 billion to $869 billion, while almost 5 billion people have been made poorer.

WSWS (2024-01-16). Oxfam report: A devastating indictment of monopoly power and inequality. wsws.org Since 2020, the world's five richest men have more than doubled their fortunes, at the rate of $14 million per hour, from $405 billion to $869 billion, while almost 5 billion people have been made poorer.

Sarah Anderson (2024-01-16). The Richest 1 Percent Own a Greater Share of the Stock Market Than Ever Before. inequality.org New Federal Reserve analysis of stock markets has found that the concentration of ownership of the public equity stock market has hit an all-time high. "The rich now own a record share of stocks," Axios reported on January 10, noting that the top 10 percent hold about 93 percent of U.S. households stock market wealth. …

Sarah Anderson (2024-01-16). The Richest 1 Percent Now Own a Greater Share of the Stock Market Than Ever Before. inequality.org New Federal Reserve analysis of stock markets has found that the concentration of ownership of the public equity stock market has hit an all-time high. "The rich now own a record share of stocks," Axios reported on January 10, noting that the top 10 percent hold about 93 percent of U.S. households stock market wealth. …

Tanupriya Singh (2024-01-16). The rich get richer while global poverty deepens in "decade of division" peoplesdispatch.org Wealth accumulation by the rich has risen to the point that the world could see its first trillionaire within a decade. Meanwhile, it will take more than 200 years to end global poverty, a report by Oxfam International has found.

Alexandra Jacobo (2024-01-16). Billionaires' wealth skyrockets by 114% amid global poverty surge. nationofchange.org This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

ecns.cn (2024-01-17). China adjusts surveyed youth unemployment statistics for greater accuracy. ecns.cn China has adjusted surveyed unemployment statistics by age group to reflect greater accuracy among young people, according to the National Bureau of Statistics (NBS).

ecns.cn (2024-01-17). 2023 jobless rate down slightly from 2022. ecns.cn China saw a steady job market last year, with the unemployment rate down slightly from 2022, the National Bureau of Statistics said on Wednesday.

Jake Johnson (2024-01-17). Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth. truthout.org Survey results released Tuesday as corporate CEOs, top government officials, and other global elites gathered in Davos, Switzerland show that nearly three-quarters of millionaires in G20 countries support higher taxes on extreme wealth, which they view as an increasingly dire threat to democracy. The poll was conducted by the London-based firm Survation on behalf of the Patriotic Millionaires… |

Danielle Browne (2024-01-17). How Redlining's Legacies Demand New Policy Action. counterpunch.org "All of the wealthy moved away and left only the poor in a socially disastrous state." When Dr. Emanuel J. Carter talks about redlining, he doesn't mince words. The Associate Professor in SUNY-ESF's Department of Landscape Architecture grew up in a redlined part of Philadelphia during the 1950s and 1960s. Then, as compared to now,

Editor (2024-01-16). World's First Trillionaire Just 10 Years Away as Richest Men Double Their Wealth. scheerpost.com

Colin Todhunter (2024-01-16). Sickening Profits: The Global Food System's Poisoned Food and Toxic Wealth. dissidentvoice.org The modern food system is being shaped by the capitalist imperative for profit. Aside from losing their land to global investors and big agribusiness concerns, farmers and ordinary people are being sickened by corporations and a system that thrives on the promotion of 'junk' (ultra-processed) food laced with harmful chemicals and cultivated with the use …

HispanTV (2024-01-16). Mummy masks and figure of the god of silence discovered in Egypt. pressenza.com Archaeologists in Egypt have uncovered several tombs containing mummy masks and a figure of the local god of silence. | The new find was made in a joint mission by Waseda University (Japan) and the Egyptian Supreme Council of Antiquities. | Scientists have uncovered a rock-cut tomb and a wealth of artefacts spanning different historical periods during their current season of excavations at the Saqqara necropolis, functional from the 1st Dynasty to the Christian era. | In addition, archaeologists have uncovered several tombs dating from around 1800 to 4800 years ago, i.e. from different dynasties of ancient Egypt,…

Sharon Zhang (2024-01-16). IRS Funding Targeted by GOP Has Allowed Agency to Recover $500M From the Rich. truthout.org An infusion of funding for the Internal Revenue Service (IRS) has allowed the agency to recover over half a billion dollars in unpaid taxes owed by wealthy individuals over the course of the last year alone, the agency announced last week. The agency said that, due to an effort started last fall to contact 1,600 millionaires about unpaid taxes, the agency has collected $360 million in addition to… |