To paraphrase the late jazzman Mose Allison, a certain group of Americans ain't got nothing in the world these days.

Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.

While the traditionally wealthy US cities continue to flourish, it’s the smaller cities seeing the biggest rise in fortunes as their appeal to a globally mobile population grows. As globalization has ...

Wealth league tables promise clarity, ranking countries by how fairly they share prosperity. Yet when those scorecards label the Netherlands and the USA as outliers, they often obscure more than they ...

Global wealth is concentrated at the top. This is true for all countries to varying degrees. Yet—according to the World Inequality Database—in almost all nations, the richest 10% hold more than 50% of ...

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Getty Images / kate_sept2004 Gen X and ...