U.S. News

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Income inequality comes to Supreme Court, courtesy Justice Sotomayor

Justice Sonia Sotomayor is worried about income inequality's negative impact not only on the U.S. now, but on future generations.

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Growing economic divide fuels ire toward Silicon Valley

SAN FRANCISCO - Protesters in San Francisco and West Oakland neighborhoods spotlighted the growing poverty and evictions in the area by targeting the private bus services provided by Silicon Valley tech companies to transport their employees to and from work.

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Obama: Collective bargaining can close the income gap

In a wide-ranging speech on the state of the economy, President Obama took sharp aim at income inequality, citing the growing gulf between the rich and the rest of us.

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Protesters charge Bank of America received $1.9 billion tax refund

St. Louis protesters against tax dodgers say Bank of America made $4.4 billion in profits last year and paid no taxes -- they got a $1.9 billion refund!

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Labor-backed think tank: Another lost generation?

When it comes to income and net wealth, the years since 1983 have been a "lost generation" for all but the richest 5 percent of the U.S., say Larry Mishel and Heidi Shierholz of the Economic Policy Institute.