Latest Income disparity News

FILE - In this March 3, 2020, file photo, Federal Reserve Chair Jerome Powell pauses during a news conference, to discuss an announcement from the Federal Open Market Committee, in Washington. A group of congressional Democrats introduced legislation Wednesday, Aug. 5, that would require the Federal Reserve to pursue the elimination of racial disparities in jobs, wealth and income as one of its policy goals. (AP Photo/Jacquelyn Martin, File)

Fed should address racial gaps in jobs, income, Dems propose

Aug. 5, 2020 7:20 PM EDT

A group of congressional Democrats introduced legislation Wednesday that would require the Federal Reserve to pursue the elimination of racial disparities in jobs, wealth and income as one of its policy goals. The legislation would also require the Fed's chair, currently Jerome Powell, to report every six...

House Minority Leader Kurt Daudt, R-Crown with Assistant Minority Leader Rep. Anne Neu, R-North Branch Monday, July 20, 2020 in St. Paul, Minn. With him is Assistant Minority Leader Rep. Anne Neu, R-North Branch.(Glenn Stubbe/Star Tribune via AP)

Minnesota lawmakers pass police accountability package

Jul. 21, 2020 9:30 PM EDT

MINNEAPOLIS (AP) — The Minnesota Legislature passed a broad slate of police accountability measures early Tuesday that includes a ban on neck restraints like the one that was used on George Floyd before his death in Minneapolis. The package also bans chokeholds and so-called warrior-style training, which...

Supreme Court declines to hear Equal Pay Act case

Jul. 2, 2020 9:56 AM EDT

WASHINGTON (AP) — The Supreme Court is leaving in place a decision that employers can't use past salary history to justify a pay disparity between male and female employees. The court on Thursday declined to take up a case from the California-based U.S. Court of Appeals for the Ninth Circuit. Judges there...

European Commissioner for the Economy Paolo Gentiloni speaks during a media conference on the 2020 Eurostat report, progress toward sustainable development goals in the EU, at EU headquarters in Brussels, Monday, June 22, 2020. (Yves Herman, Pool Photo via AP)

EU lagging behind on climate, gender equality goals

Jun. 22, 2020 7:41 AM EDT

BRUSSELS (AP) — The European Union's statistical office says the 27-nation bloc is lagging behind its goals in the fight against climate change and to promote gender equality. In a report published Monday assessing the EU's progress in reaching the United Nations' sustainable development goals, Eurostat...

FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington.   The Federal Reserve says it will keep buying bonds, Wednesday, June 10,  to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed’s policymakers foresee no rate hike through 2022. .(AP Photo/Jacquelyn Martin, File)

Powell: A stronger job market is key to combating inequality

Jun. 17, 2020 3:02 PM EDT

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government's role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of economic inequality. Powell said the the Fed would continue to deploy all its financial tools to...

Two covers of Bon Appetit magazine are shown in this photo, in New York, Wednesday, June 10, 2020. The staff at Bon Appetit, whose top editor resigned after a revolt by the journalists there after an offensive photo of him circulated online amid longstanding issues over treatment of people of color, said in a statement Wednesday, June 10,  that

Bon Appetit says magazine 'too white,' promises big changes

Jun. 10, 2020 3:24 PM EDT

Bon Appetit, whose top editor resigned Monday after a staff revolt over an offensive photo and longstanding issues involving treatment of people of color, said Wednesday that “our mastheads have been far too white for far too long” and promised major changes at the magazine. The announcement came...