Everyone, Everyday: Talking About What Matters
Oscar Davies 
In the United States, the gender pay gap has hardly improved in the last 20 years, with women earning a mere 82% of what men do. Here’s the full story. Stability Over Two Decades For the past 20 years, the gender pay gap has lingered at 82 cents per dollar earned by men. However, a … Read more
Japanese steelmaker Nippon Steel has announced its acquisition of U.S. Steel Corp. in a monumental $14.9 billion deal. However, members of both political parties have criticized the move as a threat to national security. Nippon Steel’s Major Move Nippon Steel is set to pay $55 per share in cash for the acquisition of U.S. Steel, … Read more
The FDA has approved a groundbreaking deal that could see Americans paying far less for their medical needs, as the state of Florida will now welcome imported drugs from Canada. FDA Approval for Drug Importation in Florida At the beginning of January, the FDA granted Florida permission to import prescription drugs from Canada, marking a … Read more
The Consumer Financial Protection Bureau (CFPB) has discovered a loophole in overdraft fees, where banks have been charging U.S. customers more than they need to. A proposed rule has the potential to save consumers up to $3.5 billion annually, here’s the full story. A Long-Standing Issue For years, consumers with a lower income have been … Read more
As employees relished their year-end bonuses in 2023, the joy was tinged with a realization that the average bonus had dwindled to $2,145 from $2,730 in 2022 and $3,583 in 2019, as revealed by Gusto, a payroll software firm. Here’s the full story. The Changing Job Market Year-end bonus checks are now smaller, reflecting the … Read more
A report from the charity Oxfam revealed that the world’s top five billionaires doubled their wealth in the same time it took for the world’s poorest 60% to lose a combined $1.5 trillion. Wealth Disparity Unveiled Oxfam’s report reveals that the world’s five wealthiest individuals have increased their wealth by over 200% to $869 billion … Read more
A new wave of billionaires is invading the world’s richest 1%, and they didn’t make their wealth through humble beginnings. Inheritance Surpasses Wealth Creation A shift in global wealth has occurred for the first time in the nine years that UBS has monitored billionaires. Inheritance Driving Billionaires In a report from UBS, the new members … Read more
We’re used to hearing about billionaires and their lavish lifestyles, but get ready for a whole new level of wealth – the trillionaire. Oxfam’s Warning Oxfam, the charity organization fighting against poverty, says we might see the world’s first trillionaire within the next ten years. Billionaire’s Bonus in 2020 Between the years 2020 and 2021, … Read more
A report from Harvard University’s Joint Center for Housing Studies has revealed that a huge number of Americans will struggle to pay rent this month. Financial Strain on Tenants The report said that 50% of all US tenants spend over 30% of their income on rent and utilities. Middle-Income Renters Under Pressure Even middle-income renters … Read more
Another insurance company has pulled out of California, joining a long list of names that are worried about the potential effects of extreme weather. The state and insurers are now “at a major crossroads,” according to experts. Insurance Woes in California California homeowners are facing increasing difficulties obtaining private insurance as yet another major insurer, … Read more