March 23 (Reuters) - Asset management giant BlackRock's CEO Larry Fink warned on Monday the artificial intelligence boom risks widening the wealth gap unless more individuals share in market gains.

The massive tax breaks included in President Donald Trump's "One Big Beautiful Bill" (OBBB) have backfired against the poorest Americans, resulting in the lowest-income residents of nine states actually paying higher taxes, according to a new study by InvestorsObserver, Across affected states, the president's promise of "tax relief for all Americans" has turned into $10,000+ annual savings for the wealthiest, while the poorest families face a higher tax burden, the company found.

Leondra Head is a reporter at CBS News Atlanta and covers a wide range of news and topics in metro Atlanta. What was expected to be a routine wealth-building meeting for parents at Drew Charter School turned into a life-changing surprise.

The Black homeownership rate today is virtually the same as it was when mortgage discrimination was legal. The net worth of most Americans isn't a stock portfolio; it's the equity in their homes.

Add Yahoo as a preferred source to see more of our stories on Google. Hundreds of millionaires and billionaires have signed an open letter demanding higher taxes on the super-rich arguing that global oligarchs have "taken over our government", "deepened poverty" and "accelerated the breakdown of our planet.