Latin America’s deep-seated inequalities prevailed over the grimly equalizing force of the Venezuela earthquakes, and set even the dead apart.
For years, the economy has looked K-shaped . There's new evidence that some of that divide is beginning to narrow. - The wage-growth gap between lower- and middle-income workers has disappeared — with pay gains among lower-income workers nearly matching those of their higher-income counterparts. - Spending growth among lower- and higher-income households is the most similar in years. Why it matters: A resilient labor market is chipping away at one dimension of the K-shaped economy, even as the wealth divide remains firmly intact. Source: Bank of America Institute By the numbers: Bank of America Institute, drawing on anonymized customer deposit account data, estimates that lower-income households saw after-tax wage growth accelerate…
California Congressman Ro Khanna believes he may have the answer to fixing America's economic problems — a new tax on billionaires. He joins NewsNation's Chris Cuomo to share his proposal. Chris Cuomo hosts "CUOMO," a no-nonsense show featuring the day's most important news from all perspectives. "CUOMO" airs weeknights at 8p/7C on NewsNation. #CUOMO NewsNation is your source for fact-based, unbiased news for all Americans.
A new study suggests the growing educational and economic divide between men and women is reshaping marriage and family life in America — leaving many women with a shrinking pool of economically stable partners.
Chris Cuomo said President Trump’s suggestion of “nationalizing” elections ignores the Constitution, which gives states control over election administration, and raises concerns about authoritarian overreach ahead of the midterms. Cuomo argued the rhetoric is also diverting attention from a widening K-shaped economy. Chris Cuomo hosts "CUOMO," a no-nonsense show featuring the day's most important news from all perspectives. "CUOMO" airs weeknights at 8p/7C on NewsNation. #CUOMO NewsNation is your source for fact-based, unbiased news for all Americans.