Wages are only up because the bottom half of workers lost their jobs

If one looks at the data for American wages in 2020, which shows that they grew historically fast, this fact may seem to be cause for celebration. But a closer look at the data paints yet another picture of stark inequality and of the "K-shaped recovery."

IRS will delay tax filing deadline until May 17

The IRS began sending out a new round of $1,400 checks to qualifying households over the weekend, in the midst of the current, truncated tax season that opened on Feb. 12.