Warren Buffett just published a mini letter about his plans to give his billions away, his kids — and how lucky he's been

Tech Insider
warren buffett
Warren Buffett, 94, is the CEO of Berkshire Hathaway.

AP Images

3 US-based academics awarded the Nobel prize in economics for their work on wealth inequality

Tech Insider : Economy
Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science during a press conference at the Karolinska Institute in Stockholm, Sweden, on October 14, 2024
The Nobel committee announces the winners of the 2024 Nobel Memorial Prize in Economic Sciences.

Atila Altuntas/Anadolu via Getty Images

Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream

Tech Insider
bill gates
Bill Gates' ideal tax system would leave him worth 62% less, but still a billionaire.

Afolabi Sotunde / Reuters

Warren Buffett once told Barack Obama the wealthy should pay more tax — and that his wealth is partly down to luck

Tech Insider : Economy
Waren smiling in glasses and a suit next to Obama smiling in a suit.
Warren Buffett and Barack Obama.

Mark Reinstein/Shutterstock; Frederic Legrand/COMEO/Shutterstock

The squatters in Gordon Ramsay's London restaurant are likely to get kicked out, but the process is a pain, lawyers say

Tech Insider : Politics
Gordon Ramsay in April 2024, and a notice posted by a group occupying one of his London restaurants.

Stu Forster/Getty Images, Grace Dean/Business Insider, composite

The top 4 ways big corporations are fueling global wealth inequality: report

Tech Insider : Economy
A 2011 file photo of Occupy Wall Street protesters join a labor union rally in Foley Square before marching on Zuccotti Park in New York's Financial District.
Occupy Wall Street protesters in 2011.

Jason DeCrow, File/AP

It's never been harder to build wealth. Blame high interest rates and the US housing market.

Tech Insider : Economy
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.

Getty Images

Most American men see their earnings plateau after 35 — but not the top 2%, says an economist

Tech Insider : Economy
Senior man giving an explanation to colleagues stock photo
Most American men see their earnings plateau after 35 — but not the top 2%, says an economist

Getty Images

Baby boomers are big winners from the Fed's policies - but younger generations are 'screwed,' market veteran says

Tech Insider : Economy, Economy
baby boomers yoga
Baby boomers are the big winners from the Fed's policies, Larry McDonald says.

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Peru's 'Wall of Shame' is coming down after 40 years

Tech Insider

After a four-year legal battle, demolition began this week on Peru's "Wall of Shame" between rich and poor neighborhoods. On one side are multimillion-dollar mansions with swimming pools. On the other are crowded slums where residents have had to build up the hillside.

 

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