In the News
How 100 CEOs Equal 50 Million Families
A Tale of Two Retirements, a new report by the Center for Effective Government and Institute for Policy Studies, shows what happens when America’s economy gets so out of balance that…
Top CEOs Have $4.9 Billion Saved Up for Retirement. Nearly 1/3 of Workers Have Nothing.
David Novak, the executive chairman of the company that owns KFC, Taco Bell, and Pizza Hut, has a lot to look forward to—$234 million, to be exact. That’s the size…
The Pay Gap Will Ensure That CEOs Enjoy Luxurious Retirement While Workers Keep Struggling
The pay gap between what CEOs make and what they pay their workers is pretty well known. A new report released on Wednesday illuminates a different gap: that between what CEOs…
Workers struggle to save while CEOs set aside millions
If you worry about saving for retirement, you have plenty of company. Just not in the C-suite. The 100 largest CEO retirement accounts combined are worth $4.9 billion — equal…
Income Inequality Update: US CEOs Save $49.3 Million Each For Retirement
Adding up the entire retirement account balances of more than 116 million American workers amounts to just 41 percent of the savings accumulated by 100 U.S. chief executives, a study…
Report criticizes large CEO nest eggs
The 100 largest nest eggs among Fortune 500 CEOs were worth a combined $4.9 billion at the end of last year — a sum equal to the combined retirement account…
CEOs have millions more put away for retirement than their workers
The retirement assets of 100 Fortune 500 CEOs are worth more than the entire nest eggs of 41% of American families, a new study shows. That means the 100 largest CEO…
Another facet of inequality in the U.S.: Retirement
There may be no more startling inequality gap than that between the CEO office and the average worker. The 100 largest CEO retirement funds are valued at a combined $4.9…
Top 100 US CEOs sitting on retirement nest egg of nearly $5bn
Forget retirement worries: once a fat cat, always a fat cat. The top 100 chief executive are sitting on pension pots worth $4.9bn (£3.2bn) – equal to the total retirement…
CEOs get retirement benefits you don’t
But many CEOs are getting tax benefits and special pension payments that aren’t offered to workers outside the C-suite. These perks, along with their huge paychecks, allow executives to amass…
U.S. CEO retirement packages: Bigger than yours
Most fast food workers do not earn enough to retire with much of a pension. Then there is David Novak, executive chairman of YUM Brands (YUM.N), the conglomerate that runs…
Retirement benefit gap: CEOs have platinum pension packages
The gap between CEO retirement benefits and the nest eggs of average U.S. workers is even wider than the imbalance between compensation for the highest- and lowest-paid employees, a report…
Top 100 CEO Retirement Savings Equals 41% of U.S. Families
The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families — or more than 116 million people, a…
Blacks, Low-Wage Employment and the Fight for $15
“Earlier this month Terrence Wise, a 36-year old second-generation African American fast-food worker, introduced President Barack Obama at the White House Summit on Worker Voice. Wise, a native of Kansas…
The Kenyon Collegian’s On the Record: Interview with Phyllis Bennis
“Phyllis Bennis is a writer, activist and analyst on Middle East and United Nations issues. She currently directs the New Internationalism Project at the Institute for Policy Studies (IPS) in…
Bennis criticizes US policy in Middle East
“U.S. policies in the Middle East have made the situations there worse, not better, and the U.S. should end its military activities in Syria, Afghanistan, Yemen and elsewhere, according to…
Unsealed Documents Show Pinochet ‘Directly’ Involved in Capitol Hill Assassinations
Loved ones have long charged that U.S.-backed dictator Augusto Pinochet had a direct hand in the 1976 assassination of former Chilean diplomat Orlando Letelier and his Institute for Policy Studies…
The U.S. Has a Duty to the ‘Tempest-Tost’ Syrians
The United States has a moral obligation, and perhaps a legal one, to accept many of the Syrian refugees. Evolving international norms suggest that all the countries of the world…
Russian Aggression Complicates Obama’s Options in Syria
Phyllis Bennis, a fellow at the Institute for Policy Studies, said she sees potential hope in the messages Obama and Putin delivered to the United Nations General Assembly last month.…
Thanks to Sanders, Democratic Party Just Debated Merits of Capitalism
While direct criticism of capitalism in mainstream politics is not unheard of in U.S. history, it is unusual for modern times. “From the late 1970s to fairly recently, this was…
Lessons of Iraq Loom Over Obama’s Decision to Keep Troops in Afghanistan
… Security analysts said the new plan may be just enough to preserve the status quo. “Keeping 5,000 U.S. forces in Afghanistan with a training and direct action mission may…
Hunting dictators and helping prisoners: Human rights award winners reflect on the sources of their passion
It was a tale of two galas Tuesday night, of causes and consequences: At the Mayflower Renaissance Hotel, the National Hispanic Foundation for the Arts celebrated artists and media-makers for…
37 Whistleblowers You Can Follow On Twitter
Edward Snowden joined Twitter on September 29 and already has 1.37 million followers and counting. Just seven tweets by the famed NSA whistleblower almost immediately prompted George Pataki to call…
And Still I Rise: Giving Workers a Voice Through Organizing
Leading up to the White House Summit on Worker Voice, I had the chance to sit down with two women who are making an impact in their communities as part…
More Than a Dozen Environmental Organizations Warn of Trans-Pacific Partnership Risks
On October 5, after more than 5 years of closed-door negotiations, the United States and 11 other Pacific Rim nations finally reached an agreement on the increasingly controversial and unpopular…
Activists meet to discuss reinvesting in Baltimore
Morgan State University professor Lawrence Brown didn’t mince words. “Congratulations, you are in the very home of racial zoning: Baltimore, Maryland,” he said to a room of about 300 community…
As Wealth Inequality Soars, One City Shows the Way
Tom Christopulos steers a black Nissan Armada through the sharply angled streets of Ogden, Utah, a historic metropolis about 35 miles north of Salt Lake City lodged at the base…
Pope Francis Has A Big To-Do List For World Leaders
Pope Francis called on world leaders Friday to take real and immediate action to address a long list of issues posing a threat to humanity, including environmental destruction, global poverty,…
War Hawk Petraeus Comes Out Of Retirement to Recommend Pouring Fuel on Syria’s Fire
As the Obama administration’s policies of regime change and armed intervention in Syria flounder, the retired general who oversaw the failed wars in Iraq and Afghanistan added his voice to…
Rogue States and Diplomacy: a Conversation With Noam Chomsky
On September 2, the United States’ support for the Iran nuclear deal was secured. President Barack Obama’s team negotiated the deal along with other countries of the P5+1 (China, France,…
