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The Latest Breaking News from Inequality

Prime Minister’s Literary Awards winners 2025: investigating power, privilege and inequality

Michelle de Kretser has won the fiction prize in the 2025 Prime Minister’s Literary Awards. It’s her second major prize this year for her ambitious, experimental novel Theory and Practice, which won the 2025 Stella Prize (and was shortlisted for the Miles Franklin).

The Conversation

'We Are Witnessing The Rise Of Two Americas,' Says Bernie Sanders. 'One For The Billionaire Class And One For Everyone Else'

Sen. Bernie Sanders (I-VT) is calling attention to the growing economic inequality in the U.S., arguing that the system is not just broken but collapsing for most working people.

Benzinga

Unpaid work in Europe: Which countries have the biggest gender gaps?

Unpaid work is a significant aspect of gender inequality in Europe, with women on average spending two hours more per day on it than men. Differences in the gap follow regional trends, shaped by gender stereotypes and norms.

Euronews

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Entrepreneurs can make up to 70% more than paid employees per year, but there's high inequality among the self-employed

But "the typical dollar in self-employment does not come from the typical self-employed individual," according to a Minneapolis Fed study.

Fortune

It’s wrong to blame boomers for Britain’s inequality and economic woes

Letters: It’s more complicated than that, says Rosa Anderson in response to an article by Phillip Inman, while Peter Mather says boomers are being stereotyped, and Moira Sykes says the article picks the wrong target

The Guardian - UK

America's Wealth Gap Is A Widening Chasm—And History's Solutions Are All Brutal

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 together just $4 trillion.

Benzinga

AI in Africa: 5 issues that must be tackled for digital equality

If it’s steered correctly, artificial intelligence (AI) has the potential to accelerate development. It can drive breakthroughs in agriculture. It can expand access to healthcare and education. It can boost financial inclusion and strengthen democratic participation.

The Conversation

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Traditional food systems nourish communities and protect the environment: lessons from South Africa’s Amadiba

The global food system contributes to multiple planetary crises – and is vulnerable to them. Climate change, other ecological degradation and socio-economic inequality are all linked to food.

The Conversation

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

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

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Euronews

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.

The Conversation

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 Independent UK

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 Conversation

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.

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Everybody Loves Your Money

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,…

Euronews

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.

The Independent UK

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

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…

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