Archives for June 2015

June 2015 - Page 18 of 25 - Money Morning - Only the News You Can Profit From

Invest to Protect Your "Money in the Bank"

"Like money in the bank" was once a phrase for something safe, predictable, and reliable. Like holding money in the bank. Lawmakers worldwide at the highest levels are currently transforming banking laws, and depositors are footing the bill for their ill-advised monetary maneuvering. It's one overwhelming, scary trend. But if we understand what's happening, we […]

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The Wealth Gap in America Has Reached Historic Levels

The wealth gap in the United States and other developed countries hasn't been this big since the 1980s, according to a new report from the Organization of Economic Cooperation and Development (OECD).

In the 1980s, the top 10% of earners in the developed world made seven times the income of the bottom 10%. But the wealth gap has expanded since. By 2013, the top 10% had 9.6 times the income of the bottom 10%. That was across 34 nations.

And the numbers in the U.S. are even worse…