U.S. income inequality, on rise for decades, is now highest since 1928
President Obama took on a topic yesterday that most Americans don’t like to talk about much: inequality. There are a lot of ways to measure economic inequality (and we’ll be discussing more on Fact Tank), but one basic approach is to look at how much income flows to groups at different steps on the economic […]
5 facts about the minimum wage
A one-day strike by fast-food workers in 100 cities set for Thursday, along with protests planned in 100 more, is refocusing attention on efforts to raise wages for the lowest-paid U.S. workers. Congressional Democrats are pushing a bill that would gradually raise the federal minimum to $10.10/hour from $7.25 and index it to the Consumer Price Index. […]
China has more internet users than any other country
There are nearly 591 million internet users in China.
5 facts about turkeys
Americans are producing fewer but bigger turkeys, and as domestic consumption falls more of the birds are heading overseas.
Chart of the Week: A minute on the Internet
Keeping up with what people do online is no easy task — just ask the researchers in our Internet Project. Nor is it much easier for those seeking ways to make money off online activities — they’re changing almost too fast to keep up with. But the folks at Quartz, the business-news site from Atlantic […]
Thanksgiving drivers may pay less for gasoline than last year
The average price of a gallon of regular gasoline across the U.S.
Chart of the Week: Americans on the move
How to visualize American migration from state to state — without maps.
Confidence in government falls in much of the developed world
Confidence in government plunged in most developed countries in the wake of the global financial crisis, a new OECD report finds.
Dow soars, but only about half of Americans will benefit
About half of all Americans own stocks, either directly or indirectly.
Chart of the Week: Inflation and unemployment through the decades
A look at 80+ years of economic history shows a complicated relationship between inflation and unemployment.