Featured
Spain Defies Global Trend with Declining Income Inequality Over Three Decades
Spain has achieved a remarkable reduction in income inequality since 1990, contrasting with rising gaps in other developed nations. Government programs and policy measures have helped Spain maintain lower inequality levels, with the top 1% now holding 10% of total income compared to 20.9% in the US.
Online Gambling Crisis: US Losses Set to Hit $1 Trillion by 2028
A stark warning emerges as US online gambling losses are projected to exceed $1 trillion by 2028, with addiction rates soaring among adults and adolescents. Health experts and advocacy groups are calling for stricter regulations as the industry's rapid expansion raises serious public health concerns.
IHOP Server's Act of Kindness Leads to Firing and Reinstatement Amid Public Support
A Florida IHOP server was fired after buying pancakes for a homeless man, sparking widespread public backlash. Following media attention, the company offered to reinstate her position with compensation and pledged new initiatives addressing food insecurity.
US Labor Market Signals Recession Risk Despite Wall Street Optimism
Société Générale analysts warn of potential US recession as November's unemployment rate surpasses key threshold. The concerning labor market indicator, which has preceded every economic downturn since 1950, contrasts sharply with Wall Street's bullish outlook for 2024.
Retirement Crisis Looms: One-Third of Older Homeowners May Never Stop Working
A troubling survey reveals 29% of American homeowners over 50 doubt their ability to retire as planned, with many expecting to work indefinitely. Financial pressures, including insufficient savings, rising costs, and inflation, are forcing difficult choices between retirement plans and daily expenses.
Public Support for Universal Healthcare Soars as Americans Lose Faith in Private System
A groundbreaking Gallup poll reveals 62% of Americans now support government-guaranteed healthcare coverage, the highest level in over a decade. The shift comes amid growing frustration with rising costs and inequities, with support increasing across party lines while trust in private insurance hits historic lows.
Biden Shatters Record with 40 Black Women Federal Judge Appointments
President Biden achieves historic milestone by confirming 40 Black women to federal judgeships, surpassing Obama's previous record of 26. The appointments, including Supreme Court Justice Ketanji Brown Jackson, reflect Biden's commitment to creating a more diverse federal judiciary.
Wall Street Billionaires Exploit Medicare Tax Loophole, Paying Zero While Workers Pay Full Share
While average Americans contribute to Medicare through mandatory payroll taxes, wealthy Wall Street executives like Steve Cohen and Stephen Schwarzman have found ways to completely avoid these payments. The controversial tax strategy highlights growing inequities between working-class obligations and billionaire exemptions in America's healthcare funding system.
TGI Fridays Declares Bankruptcy Amid Post-Pandemic Restaurant Industry Turmoil
TGI Fridays' parent company files for Chapter 11 bankruptcy protection following dramatic reduction in U.S. locations from 237 to 163. The casual dining chain aims to restructure operations while keeping remaining restaurants open, citing COVID-19 impact and increased competition.
