The world could have its first trillionaire within 10 years, while most of us are getting poorer, report says

Tech Insider : Economy
Davos
Davos, Switzerland.

Chris Ratcliffe/Bloomberg Creative Photos

The kids I tutor attend schools with $50k tuition and summer in the Hamptons. Their parents still often forget to pay me on time.

Tech Insider
Photo from above of kids and a woman sitting around a table. Their heads are visible but not their faces. The woman is at the head and has dyed blonde hair with dark roots and wears glasses. She is typing on a computer and writing in a notebook with her right hand. To her left is a cell phone resting on a black notebook and behind her computer is a pencil case filled with colored pencils.

Meet the typical millionaire: College-educated people in their 50s and 60s who own a home and lots of stocks

Tech Insider : Economy
boomers retired

Thomas Barwick/Getty Images

The average American's net worth is at an all-time high. Here's how it breaks down by generation.

Tech Insider : Economy
Middle-aged man and woman hold hands as they walk down a cobblestone path, away from their single-story home
Being a homeowner comes with several potential tax deductions.

MoMo Productions/Getty Images

Take a look at Lima's 10-foot tall 'wall of shame' separating slums from luxury estates that's finally being torn down after 4 decades

Tech Insider : Economy
Composite picture of children walking alongside the 10-foot tall
Children walk alongside the 10-foot tall "wall of shame" in Lima, Peru.

Sebastian Castaneda and Klebher Vasquez, via Getty Images

The US economy's brief moment of slowing inequality might be on its way out

Tech Insider : Economy
Accountant calculates paycheck.
The gap between rich and poor in the US may be narrowing somewhat.

Getty Images

CEOs like Jamie Dimon, Warren Buffett, and Elon Musk want the government to fight inequality and 'reignite the American dream'

Tech Insider : Economy, Politics
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks at the Economic Club of Washington September 12, 2016 in Washington, DC. Dimon joined a discussion on the state of U.S., global and regional economies.
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks at the Economic Club of Washington September 12, 2016 in Washington, DC.

San Francisco officials weigh giving Black residents $1 homes and $97,000 a year of as part of a massive reparations plan

Tech Insider
Shamann Walton
Shamann Walton, a member of the San Francisco Board of Supervisors, supports reparations for Black residents who qualify.

Jeff Chiu/Associated Press

The housing shortage is the root of all of America's problems

Tech Insider : Economy
housing shortage

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