Wealth | featured news

Which is the more redistributionist of our two parties? In recent decades, as Republicans have devoted themselves with laser-like intensity to redistributing America’s wealth and income upward, the evidence suggests the answer is the GOP.

A Gallup Poll shows 20% of voters say Mitt Romney's wealth makes them less likely to vote for the Republican... "Enough Americans generally and independents specifically say Romney's wealth makes them less likely to vote for him that it could in theory make a difference at the margins in some key swing states," writes Frank Newport, Gallup's editor in chief.

The Great Recession took such a heavy toll on the economy that the typical American family lost nearly 40% of its wealth from 2007 to 2010, shaving the median net worth to a level not seen since the early 1990s.

A study being released today shows the United States may be on top when it comes to acquiring wealth, but it doesn't measure up as well when it comes to happiness and life span, MSNBC is reporting.

The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession has erased decades of minority gains, leaving whites with 20 times the net worth of blacks and 18 times that of Hispanics.

A new study suggests the wealth gap between white and black people in the US increased fourfold in 23 years.

Americans regained more of their shrunken wealth last quarter, mainly because the economy boosted stock portfolios.

Americans got wealthier for a second straight quarter in the fall, as the economic recovery again boosted home values and investments.