For years, statistics have depicted growing income disparity in the United States, and it has reached levels not seen since the Great Depression. In 2008, the last year for which data are available, for example, the top 0.1 percent of earners took in more than 10 percent of the personal income in the United States, including capital gains, and the top 1 percent took in more than 20 percent.
But economists had little idea who these people were. How many were Wall street financiers? Sports stars? Entrepreneurs? Economists could only speculate, and debates over what is fair stalled. Now a mounting body of economic research indicates that the rise in pay for company executives is a critical feature in the widening income gap.
Deep in the West Texas sand dunes is something that some say could threaten the state's oil and gas production: A tiny lizard. But it's not just any lizard: It's a dunes sagebrush lizard, also known as the sand dune lizard.
A foul smelling odor prompts the voluntary recall of one lot each of Johnson & Johnson's Risperdal and Risperidone Tablets. Grand Rapids consumers of this product that experienced an uncharacteristic odor are being asked to return the tablets to their pharmacy, and contact their healthcare provider with any questions.
"There is a lot of money missing during the first American administration of Iraqi money in the first year of occupation.
This may be the moment history has turned definitively against atomic energy.
In the 1970’s, Dr. Burzynski made a remarkable discovery that threatened to change the face of cancer treatment forever. His non-toxic gene-targeted cancer medicine could have helped save millions of lives over the last two decades had his discovery not been criminally suppressed by the US government, as his therapy, called “antineoplastons,” have been shown to effectively help cure some of the most “incurable” forms of terminal cancer.
The Vatican is to set up a new e-learning centre to help safeguard children and victims of sexual abuse by clergy, as part of its efforts to deal with damaging scandals.
The psychedelic drug in magic mushrooms may have lasting medical and spiritual benefits, according to new research from Johns Hopkins School of Medicine.
The Daily Beast’s Daniel Stone is reporting that Ryan’s protection of billions in wasteful oil subsidies may relate to his own personal fortune. Newly released personal finance disclosures reveal that Ryan and his wife “own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan’s budget plan.” Stone reports that those companies are among his most valuable assets:
