Metral
Markets

As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wagesThe day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money.Jessica Ordeñana, a bartender in midtown Manhattan, was worrying about air conditioning ahead of a heatwave because she can’t afford her soaring electricity bills. Continue reading...

As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’

Published June 26, 2026 · Category: Markets

Overview

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wages

The day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money.

Details

Jessica Ordeñana, a bartender in midtown Manhattan, was worrying about air conditioning ahead of a heatwave because she can’t afford her soaring electricity bills.

Continue reading...

Source

Originally published at www.theguardian.com.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.