income inequality

The Child Poverty Reduction Advisory Council (CPRAC) has released a report with recommendations to cut child poverty in New York by 50% by 2031. The proposed measures, costing $9 billion, aim to build on prior initiatives like expanding the Empire State Child Credit, raising minimum wages, and allocating $7.5 billion for childcare, which have already […]

In 2023, CEO compensation packages for S&P 500 companies surged by nearly 13%, far outpacing the 4.1% wage increase for private-sector workers amid rising inflation. The median CEO pay reached $16.3 million, making the typical CEO earn nearly 200 times more than their median employee. Economic resilience and robust profits bolstered stock prices, leading to […]