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Economy – Articles, Analysis, Opinion

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Nashville is one of the fastest-growing U.S. cities and increasingly a destination for immigrants. Joe Sohm/Visions of America/Universal Images Group via Getty Images

Excessively high rents are a major burden for immigrants in US cities

The US economy relies on immigrants to fill jobs, but many of them are struggling with high rent burdens that make it harder to build productive lives and integrate into their communities.
Penny Knight and Phil Knight were the second-largest givers of 2023. Michael Hickey/Getty Images

Donations by top 50 US donors fell again in 2023, sliding to $12B − Mike Bloomberg, Phil and Penny Knight, and Michael and Susan Dell led the list of biggest givers

Three philanthropy scholars discuss several trends in giving by the wealthiest Americans highlighted in this yearly report. Among them: Much of this money doesn’t go to charities right away.