The Town with the Smallest Income Gap in Every State

The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than double the $40.3 trillion in the hands of the remaining 90% of Americans. The income and wealth divide only appears to be growing wider. A January 2020 […]

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Stephen Sondheim Dies: Broadway Songwriting Titan For Sweeney Todd’ And ‘A Little Night Music’ Was 91

Stephen Sondheim, one of the giants of Broadway songwriting, died early Friday at his home in Roxbury, Conn. He was 91. Attorney F. Richard Pappas, announced the death, which he described as sudden. Sondheim had celebreated Thanksgiving with friends just a day ago, Pappas said. Sondheim’s catalog includes such works as “Company” (1970), “Follies” (1971), “A Little Night Music” (1973), […]

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J.D. Vance, an ally of tech investor Peter Thiel, made almost $1 million in the period before he launched his Ohio Senate campaign

Republican Ohio Senate candidate J.D. Vance earned nearly $1 million in income in the runup to the launch of his. Vance, who wrote the bestselling memoir "Hillbilly Elegy," is an ally of billionaire tech investor Peter Thiel and an advocate for Trump-style conservative populism. Vance, a venture capitalist, has made targeting Big Tech a key focus of his campaign. Yet […]

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Earnings Previews: Chico’s FAS, Hello Group, JinkoSolar, Li Auto

Only one earnings report of interest was released Friday morning. Chinese e-commerce company Pinduoduo missed sales estimates by a mile and the stock is getting hammered down in early trading. Next week’s top earnings releases include expected reports from a Chinese EV maker, one Dow 30 stock, a chipmaker, an enterprise software company, and a supermarket chain. There are no […]

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South Africa health minister says travel bans are 'unjustified,' as world reacts to new Covid variant

South African Health Minister Joe Phaahla said that new travel restrictions amid concerns over a heavily mutated Covid variant are "unjustified." He slammed other nations for "wanting to put blame" and ascribe the variant to South Africa rather than working collaboratively to address the situation as guided by the WHO.  Phaala said preliminary studies suggest the variant may be more […]

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U.S. to restrict travel from South Africa, 7 other countries as new Covid variant emerges

The United States will restrict travel for non-U.S. citizens from South Africa and seven other countries starting on Monday as a new Covid variant emerges. President Joe Biden was briefed on Friday by White House chief medical advisor Dr. Anthony Fauci. The briefing came as other nations announced travel restrictions on southern Africa. In addition to South Africa, the affected […]

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