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HISTORICAL FACTS: 8 - Caught on Camera

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.

Benzinga

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…

The Free Financial Advisor

The hidden cost of international trade and the countries left behind

While international trade can be a powerful tool to address some of the world’s most complex challenges, it can also contribute to inequality between rich and poor nations.

Euronews

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America Now Boasts 1,135 Billionaires Worth A Staggering £4.5 Trillion – Which Industries Made Them Rich?

The US now hosts a record 902 billionaires worth trillions—driven by finance and tech wealth creation across multiple sectors and raising fresh questions on inequality.

International Business Times UK

Rising inequality is turning US into an autocratic state, billionaire warns

Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economy

The Guardian - UK

Govt Gestures Leave Roots Of Indonesia Protests Intact

Government gestures to calm deadly protests in Indonesia have done little to address the economic inequality and hardship fuelling the unrest, leaving deep resentment to linger and flare up again, experts say.

International Business Times

Trump Administration Tells American Workers: 'We Fight For You' — Obama, Bessent And Others Flood Social Media With Labor Day Posts

Political leaders marked Labor Day 2025 with messages honoring American workers, while massive demonstrations in more than 900 cities highlighted tensions over tariffs, inequality and the policies of the Donald Trump administration.

Benzinga

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Why Do Rich Neighborhoods Get Services Poorer Ones Don’t

Drive through almost any city, and the contrast between neighborhoods can be striking. In wealthier areas, streets are well-paved, parks are clean, schools are modern, and services seem abundant. Just a few miles away, poorer neighborhoods often struggle with neglected infrastructure, underfunded schools, and limited public resources. Many wonder why…

The Free Financial Advisor

Robinhood CEO Says AI Will Make Investing 'Much Bigger And More Necessary'—But There's A Catch For Wealth Inequality

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vladimir Tenev believes artificial intelligence will fundamentally reshape how Americans think about investing, predicting that putting money to work in the markets will become a "much bigger and more necessary part of individual lives’" within the next decade.

Benzinga

South Africa commissions an inequality report for G20 summit

South Africa is commissioning a report on global wealth inequality in time to present at the Group of 20 summit it hosts in November

The Independent UK

A new report highlights the staggering truth about wage inequality in Australia. Here’s what we need to do better

This is a lucky country for many, with enviable living standards. But our wealth is not shared equally

The Guardian - AU

10-point plan to tackle gender inequality in Scotland unveiled

AN ambitious 10-point plan to tackle major issues women are facing in Scotland including poverty, discrimination, and medical misogyny has been…

The National (Scotland)

Half of UK adults fear for their job over AI, poll reveals as union warns the technology will worsen inequality

Job losses or changes to terms and conditions were the biggest concerns for 51% of 2,600 British adults

Evening Standard

Nearly two-thirds of young adults fear AI will take their jobs

The Trades Union Congress says while AI could have transformational potential, it also risks entrenching inequality

The Independent UK

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The Guardian - UK

UK’s richest set to produce 13 times more transport emissions than poorest by 2035

Thinktank predicts wider inequality gap and calls for revised policies to tackle flying and excess private car use

Evening Standard

Public transport in London should be free, campaigners say as fares set to rise above inflation

The capital’s Tube network is considered the most expensive of any major global city, with fares set to rise above inflation until 2030

The Conversation

African women have less access to the internet than men - solutions the G20 can champion

Across Africa, women have less access to the internet than men. In Ethiopia, Uganda, Rwanda and Tanzania only 15%-28% of women own smartphones. Tinuade Adekunbi Ojo is a feminist political economist and director of the Centre for the Study of Race, Gender and Class at the University of Johannesburg. She…

The Conversation

Climate disasters are escalating: 6 ways South Africa’s G20 presidency can lead urgent action

South Africa currently holds the presidency of the G20 – the group of 19 of the world’s largest economies and the African Union. It has set up a Disaster Risk Reduction Working Group to find concrete solutions for countries experiencing climate-induced disasters that are made worse by poverty and inequality.…

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Euronews

How UN’s women-only AI school wants to tackle gender inequality in AI

UN Women is trying to ensure women aren’t left behind in the artificial intelligence revolution by educating ‘feminist leaders’ on how to build and use AI for social change.

International Business Times UK

GCSE Results 2025: One in Eight Teens Face a Dangerous Future as NEET Numbers Surge

One in eight young people in the UK are NEET in 2025, with GCSE results, inequality and health challenges driving long-term risks for education, work and training.

The Guardian - UK

Gender gap means retired women ‘have four months a year with no pension’

Income inequality means women in effect stop receiving a pension from 21 August, union leaders say

Euronews

Top UK CEOs richer than ever: FTSE 100 boss pay breaks records for third year

Median pay for Britain’s top bosses rose 6.8% to a record high, with 13 executives earning €11.6M or more, as critics warn of deepening inequality.

Newslaundry

The swagger’s gone: What the last two decades taught me about India’s fading growth dream

Because something is happening here but you don't know what it is Do you, Mr. Jones?– Bob Dylan, Ballad of a Thin Man, Highway 61 Revisited, 1965. I was offered my first job in Mumbai on a very rainy day in September 2005, a few weeks after we had celebrated the…

Fortune

The gap between higher- and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.”

The Conversation

The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

The Australian government has “an appetite to be bold and ambitious” in its economic reform agenda. And tax reform is on the menu at its much-publicised reform roundtable, to be held next week.

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