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Can New York bridge the income inequality gap?

16 May 2014 Last updated at 14:33 BST

Income inequality is now as high as it was during the worst period of the 1920s.

The richest Americans now hold one fifth of all of the country's income - and the top 10% actually hold half of it.

Inherited wealth is part of the reason, but does not explain the high incomes earned by executives and those in the financial sector.

Samira Hussein reports from New York, on what has been dubbed the "second gilded age".

Watch: Talking Business with Linda Yueh

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