U.S. Kids Far Less Likely To Out-Earn Their Parents, As Inequality Grows
"It's basically a coin flip as to whether you'll do better than your parents," a Stanford economist says.
Income Gap
Global Poverty Declines Even Amid Economic Slowdown, World Bank Says
The number of people living in extreme poverty continues to plunge despite slowing global growth, the World Bank says. More than 1 billion people rose out of poverty between 1990 and 2013, it says.
SEC Adopts CEO Pay Ratio Rule, Five Years After It Became Law
After the agency formally proposed the pay ratio reporting rule in 2013, it received more than 280,000 public comments that called on its commissioners to approve the rule.
For More Millennials, It's Kids First, Marriage Maybe
Millennials, particularly those with less education, are upending the traditional order of love, marriage, baby carriage. Many say they don't feel financially secure enough to tie the knot.