The wealth gap in the United States isn't just wide—it's a chasm. The top 1 percent, about 1.3 million households, hold $52 trillion in net worth. The bottom 50 percent, 66 million households, scrape ...
Newspapers announced John D. Rockefeller as the first U.S. billionaire 109 years ago. Today there are more than 900 American ...
In a recent discussion on America’s wealth system, I highlighted the striking contrast between today’s capitalism and the ...
In 2025, America cements its status as the global capital of billionaire wealth, with 902 ultra-rich shaping industries, ...
President Trump denounced migration in a UN speech and called climate change “the greatest con job.” Later, he said Eastern ...
Over the past six decades, the African American community has made significant strides toward homeownership, building generational wealth and stability. Yet, the current political climate, ...
In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...
As younger generations struggle to buy their first homes, boomers are accumulating wealth and tightening their grip on assets that millennials and Gen Z need to get richer. The older generation’s ...
Homeownership has long been a cornerstone of building wealth in America, yet unequal access to credit continues to block too many African Americans from this path. Data consistently shows that Black ...