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At the World Inequality Conference in June, the renowned economist Thomas Piketty and a team of 45 researchers from the World Inequality Lab unveiled the Global Justice Report. It’s a highly impressive and eloquent proposal to achieve ‘equality and prosperity within planetary boundaries’ by the end of the century. Based on a fully quantified roadmap derived [...]

President Trump’s campaign is using a misleading email to solicit donations by fooling people into thinking an application failed.The Trump-Vance campaign’s email to supporters starts with the subject line “Respectfully, I’m sorry.” The email then tells them that their “Trump Inner Circle” application “FAILED because of technical difficulties.”“Was this a technical error? Your application was denied!” the email reads, before directing the recipient to click a button labeled “TRY AGAIN HERE.”The email, which was first reported on by MeidasTouch News, ends with a message that Trump is “expecting to see your name” on his “roster before the doors close at midnight tonight,” creating a sense of urgency to fix or complete the application. But there is no application. Clicking the button just redirects to a fundraising page asking for a contribution.It looks like a typical email scam, down to the bright red color used on the “TRY AGAIN HERE” button. But the email address it’s coming from is legitimate: [email protected], and it’s likely to dupe a lot of Trump supporters, particularly older people who think they need to pay up. It’s not the first time Trump has done this.In December, Trump sent out a fundraising email warning recipients that Democrats would steal their “tariff rebate checks” if they didn’t donate money to him within the hour. Republicans as a whole have often raked in cash from older people, even when they have dementia, with misleading tactics.Trump has already raised a massive war chest, with many Republicans worrying that he’s hoarding much-needed funds. He’s not even engaging with GOP members of Congress on Capitol Hill that much. These fundraising emails appear to be yet another grift.

Pete Hegseth’s Pentagon isn’t just running out of weapons as the war on Iran intensifies—it’s also running out of money.The Washington Post reported that the Pentagon is facing an upcoming budget deficit caused directly by President Trump’s war on Iran, forcing it to cut training, maintenance, and military preparations. Hegseth has also not been transparent or timely about the ultimate costs of the war, leading to more confusion and disarray.“We need to know what we’re purchasing and why we’re purchasing it,” Democratic Representative Betty McCollum, ranking member of the House Appropriations Defense Subcommittee, told the Post, noting that other Pentagon officials were “very concerned” about the lack of information they were receiving.The House is set to vote on a $73 billion defense package this week, more than the $67 billion the administration requested to help it out of the hole it’s dug. That request has not been well received, as most Democrats oppose any new funding for the Iran war.This news also comes as the U.S. is dealing with a dwindling stockpile of munitions, contributing to the administration’s financial requests.It’s absurd that the Pentagon is running out of money when its budget for this year was $1 trillion, with the Trump administration already requesting $1.5 trillion for 2027—a record-setting amount. They’re stacking up bills with your taxpayer dollars to go deeper into a war that the vast majority of the country does not support.

Discover a few of the schemes US Healthcare uses to screw patients, and some great ways to fight back.

Financial-services app OnePay, valued at $4 billion, thinks it’s found a way around the customer-churn trap that tanks startups.

This year’s El Niño weather system, expected to be one of the strongest in decades, could cause a global economic shock that the world is unable to absorb, Deutsche Bank warned.

Soaring egg prices in China highlight the contrast between the slowing pace of economic growth — which some analysts say faces recession — and consumer cost pressures.