GoPro Inc. (Nasdaq: GPRO) stock has now dropped 16.7% from Wednesday’s closing price after the company missed on top and bottom line estimates for Q3 earnings.
According to a new report from Credit Suisse AG (NYSE: CS), the global wealth gap has grown to historic proportions.
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Income inequality in many countries around the world, including the United States, has reached record highs. This according to a new report from the Organisation for Economic Co-operation and Development (OECD).
The report analyzed how much the top 10% of each country earns compared to the bottom 10%.
Here are the 10 countries where income inequality is worst…
Tags: American income, income disparity, income equality, income gap, income inequality chart, wealth gap, wealth gap chart, wealth inequality
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We just received one of the biggest stock market crash indicators we’ve seen since the 2008 financial crisis.
The Obamacare ruling in the King v. Burwell Supreme Court case is expected this week. It’s a decision could impact more than 7.5 million Americans.
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…
Tags: 2015 economy, income inequality, Organization of Economic Cooperation and Development, U.S. Economy, u.s. income, wealth gap
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About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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“When you hear the words, ‘death spiral’ and ‘health insurance’ in the same sentence, this is what they’re talking about.”
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