A new study from the World Inequality Lab finds that the present-day golden era of Indian billionaires has produced soaring income inequality in India—now among the highest in the world and starker ...

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

WASHINGTON, Sept 28 (Reuters) - U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mostly to ...