Growing economic inequality is either “a major issue of our time” or “a defining challenge of our time,” depending on your taste for hyperbole. Given America’s recent experience, however, I would like ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. The debate in Congress is over how to ...

Contrary to conventional wisdom, the most dramatic and consequential change in the distribution of income in America in the past half-century isn’t rising income inequality but the extraordinary ...

For the first time in Social Security's 90-year history, we witnessed the average monthly retired-worker benefit surpass $2,000. Additionally, the 2.7% cost-of-living adjustment (COLA) passed along to ...

We are standing on the cusp of a new technological revolution. AI is increasingly permeating every aspect of our lives, with intelligent machines transforming the way we live and work. The potential ...

This isn't the first time Social Security has been on the brink of bankruptcy. The program came within days of being unable to meet its obligations in the 1980s before Congress acted to change the ...

Social Security is facing a growing gap between the revenue it brings in and the benefits it pays out. The actuaries at the Social Security Administration estimate that the retirement program will pay ...