Economy - Part 16
Not since the Great Depression has wealth inequality in the US been so acute, new in-depth study finds
Wealth inequality in the US is at near record levels according to a new study by academics. Over the past three decades, the share of household wealth o ...[Read more]
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Monsanto Co. and officials within the Environmental Protection Agency are fighting legal efforts aimed at exploring Monsanto's influence over regulatory assessments of the key chemical in the company's Roundup herbicide, new federal court filings show.
Th ...[Read more]
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The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth.
In a report published to coincide wi ...[Read more]
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A half-hearted near handshake between US President Barack Obama and Russian President Vladimir Putin before and after they spoke «for about four minutes», standing up, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru ...[Read more]
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The U.S. investment bank claimed that Venezuela's state oil company missed debt payments. The country hasn't missed payments since 2002.
Venezuela may take legal action against U.S. investment bank J.P. Morgan Chase & Co. after the financial institution a ...[Read more]
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You can't believe the government's numbers on employment. Take it from the guy who used to run the government's numbers on employment.
Keith Hall, the former head of the Bureau of Labor Statistics, which produces the federal government's monthly jobs repo ...[Read more]
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Russian President Vladimir Putin signed into law the establishment of a national Russian card payment system on Monday. The NSPK (National Card Payment) system will ensure the smooth operation of electronic payments across Russia. ...[Read more]
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It has been a long, long time since Americans accepted the advice of a French intellectual about anything important, let alone the future of democracy and the economy. But the furor over Thomas Piketty's stunning best-seller, "Capital in the 21st Century" ...[Read more]
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Beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees.
Next we learn that four of the Wall Street mega banks likely hold over $680 billion face amount of life insurance on their workers, payable to ...[Read more]
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Warren Buffett once claimed that the "genius of the American economy, our emphasis on a meritocracy and a market system and a rule of law has enabled generation after generation to live better than their parents did." The Economist suggested that "people ...[Read more]
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Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel ...[Read more]
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