A hike in the minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, the CBO says.
Directors increasingly see matters such as resource scarcity, human rights, and income inequality as important components of strategy discussions.
"Pressures from rising inequality will exacerbate already material fiscal challenges on the horizon," Moody's warns in a report.
Many observers, as well as virtually all companies, favor a big cut. But how great is the potential for unintended consequences?
At its worst, high pay may incentivize wrongdoing by executives to meet performance benchmarks, the AFL-CIO contends.
Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity.
"Inequality in OECD countries is at its highest since records began,” according to the organization's secretary-general.
Study highlights negative effects of conversion of defined-benefit plans into defined-contribution plans.
A wonky book on inequality becomes a blockbuster.
