Jun 8, 2017

Automation leads to globalization and inequality

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Household income stagnates as home prices soar

Data: Census Bureau; Chart: Andrew Witherspoon/Axios

Despite a robust economy and low unemployment, household income hasn't changed much in the past 20 years.

Go deeperArrowDec 31, 2019

Eurasia Group's top geopolitical, economic risks in 2020

Trump and China's President Xi Jinping in 2017. Photo: Jim Watson/AFP via Getty Images

Economic and geopolitical trends are both cycling downward, Eurasia Group President Ian Bremmer and Chairman Cliff Kupchan write in their '"Top Risks 2020" report, out today.

The big picture: "Globalization is key," the authors write. The global economy is steadily fragmenting into two systems as the U.S. and China decouple and weaponize global trade and supply chains, ultimately creating a "split personality" globalization.

Go deeperArrowJan 6, 2020

91 Fortune 500 companies paid no federal income tax in 2018

President Trump on Dec. 13. Photo: Alex Wong/Getty Images

91 Fortune 500 companies paid no federal income taxes on their U.S. income last year, according to a report released Monday by the Institute on Taxation and Economic Policy.

Why it matters: Some of the companies that paid no federal income tax last year still made billions of dollars — and they include some of the country's biggest names, like Amazon, Chevron, Halliburton and IBM.

Go deeperArrowDec 16, 2019