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Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.

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    President Obama has his answer to Lyndon Johnson’s “War on Poverty.” It is a war on inequality. The president’s formal declaration of hostilities came last week in a speech at...

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    Mayor de Blasio gave a St. Crispin’s Day speech for progressives at his New Year’s Day inauguration ceremony. He evoked a city ravaged by a crisis of inequality. What Mayor...

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  • 01/05/14--15:21: Mayor vs. the world
  • Mayor de Blasio wants to end inequality. But what does that mean? In fact, at the heart of his target are two separate things, neither of which is inequality. The...

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    As President Obama scrambles to eviscerate key sections of his own signature health-care law, he and other Democrats are trying to shift voters’ focus to another issue — income inequality....

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    No doubt Mayor de Blasio was relieved to beat it out of town Thursday and leave behind inconvenient questions about the botch of this week’s snowstorm. Plainly he is more...

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    Would a pro-business candidate back an agenda that seeks to raise labor costs for small employers, hike New York’s already-too-high taxes and create new avenues for trial lawyers to drag...

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    Testifying before Congress on Tuesday, the witness deplored “inequality,” championed “disadvantaged” kids and lamented that black males are twice as likely to be out of work as whites. Who was...

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  • 10/05/14--02:37: Our unaffordable city
  • Leave it to Mayor de Blasio to look at a bad law that wasn’t working and conclude the answer is to make it even worse. Two years ago, the City...

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    In the mid-1960s, a social scientist noted something ominous that came to be called “Moynihan’s Scissors”: Two lines on a graph crossed, replicating a scissors’ blades. The descending line charted...

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    Every day the Chinese go to work, Americans get a raise: Chinese workers, many earning each day about what Americans spend on a Starbucks latte, produce apparel, appliances and other...

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    New York is increasingly a tale of two states — and Mayor Bill de Blasio presides over the superrich one. This would be good news for a mayor with a...

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    LUCKNOW, India — Two brothers in northern India beheaded their teenage sister and carried her head through their village because they disapproved of her romantic relationship with a cousin, police...

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    Look out, Mayor de Blasio: You’ve declared war on a company that’s reducing inequality across the city. The mayor’s still plotting his next move against Uber, after the City Council...

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    Progressives are increasingly preoccupied with income inequality, and their current hero, Sen. Bernie Sanders, favors increasing the tax system’s progressivity. So, in this 103rd year of the income tax, it’s timely to note that there still is no intellectually sturdy case for progressive taxation. Arguments for it are invariably arguments for increased equality of social...

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    The wealth divide between the world’s richest and poorest is turning into a Grand Canyon. Last year, just 62 individuals held wealth equivalent to the amount owned by 3.6 billion people, about half the world’s population. That’s according to a new report by Oxfam published Monday, ahead of the World Economic Forum in Davos, which...

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    Donald Trump again on Tuesday rejected support from white supremacists and went a step further, saying that no one has done as “much for equality as I have.” The GOP frontrunner has been thrown off message since Sunday when he failed to disavow backing from former KKK grand wizard David Duke. Trump has since said...

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    Mayor de Blasio rails against “inequality” — yet he’s doing everything in his power to keep city schools unequal. That’s what brought hundreds of parents to rally at City Hall Tuesday, demanding to know if the mayor is sending weak teachers to schools in poor, minority areas. After all, the city refuses to say. Backed...

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    “We’re going to raise a generation of kids who are scientifically illiterate,” warned Bill Nye “The Science Guy” recently. It’s not uncommon to hear American elites — not just scientists but members of the media, academics and politicians — talk about how Americans don’t understand science, how they don’t like it and how they just...

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    In West Chelsea, on 26th Street and 10th Avenue, two worlds intersect. On one side of the street is Avenues, a 6-year-old, über-elite, $50,000-a-year private school attended by the likes of Suri Cruise and the offspring of tech millionaires. On the other side is the Chelsea-Elliot public housing projects, home to thousands of residents, many...

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    Despite the best efforts of those raging against income inequality, the chasm between the world’s haves and have-nots doesn’t appear to be getting any narrower. According to the Credit Suisse Global Wealth Report, a mere 0.7% of the global population owns nearly half the world’s wealth. At the other end, 73% of the popular have...

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