Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull…
Read more Wealth inequality in America just hit its widest gap in more than 3 decadesA proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the…
Read more California could impose a billionaire tax. Here’s how it would work and where the money would go.A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep up with inflation, according to a recent analysis. Roughly 29%…
Read more Nearly a quarter of U.S. households live paycheck to paycheck, report findsTo understand how Americans are faring economically these days, it’s helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as “K-shaped,” a…
Read more You’re living in a “K-shaped” economy. Here’s how that affects you.A single mother who relied on federal food assistance lost her benefits in 2020 after Kentucky investigators concluded she’d committed fraud. The state alleged she had made multiple same-day purchases,…
Read more Single mother sues — and beats — Kentucky for kicking her off food stamps because she bought food at the store where she worked | FortuneBy MIKE SCHNEIDER, Associated Press Income inequality dipped, more people had college degrees, fewer people moved to a different home and the share of Asian and Hispanic residents…
Read more Income inequality dipped and fewer people moved, according to largest survey of US lifeOnline dating may be partially to blame for an increase in income inequality in the US in recent decades, according to a research paper. Since the emergence of dating…
Read more Online dating lets us look for similar education levels, adding to income inequalityPhoto: Danielle Parhizkaran/Boston Globe/Getty Images The state of the U.S. economy, all $26 trillion or so of it, will be one of the keys to determining whether Kamala…
Read more Kamala Harris Is Not Here to Fix Income InequalityIf you want to know the secret to achieving happiness, the answer might be found in your bank account — as long as it’s extremely well-funded. The link…
Read more Yes, money can buy happiness — the more wealth you have, the happier you get, research finds.Many Americans aspire to join the ranks of the wealthy, but the income threshold for being considered rich depends a lot on where you live. It also takes…
Read more Here’s how much income it takes to be considered rich in your stateclick to enlarge Photo courtesy Eimear Roy, Central Florida Jobs With Justice Eimear Roy is a community leader and volunteer with Central Florida Jobs with Justice. Floridians are…
Read more ‘We are each other’s shelter’: Why canceling medical debt matters in FloridaTexas’ attorney general filed a lawsuit on Tuesday seeking to stop a guaranteed income program set to start this month for Houston-area residents. The program by Harris County,…
Read more Texas AG sues to halt a guaranteed income program, calling it a ‘socialist experiment’Although U.S. women still trail men when it comes to pay, they are pulling ahead financially in one important way of building wealth: homeownership. A recent study from LendingTree…
Read more Single women in the U.S. own more homes than single men, study showsMeow. That’s the sound of 2023’s bull market getting swallowed up by the fat cats that make up the vast majority of stock-market wealth. How vast? Try a…
Read more The running of the bulls in the 2023 stock market was more like the waddle of the fat catsActress Taraji P. Henson shared her frustrations about the persistent gender and racial pay gap in the entertainment industry while promoting her upcoming film, “The Color Purple.” In…
Read more Taraji P. Henson says “the math ain’t mathing” on pay equity in entertainmentFrom ‘Bah, humbug!’ to redemption: Charles Dickens’ ‘A Christmas Carol’ unfolds as more than just a festive fable, offering profound insights into self-discovery, kindness, and rewriting one’s life…
Read more Past, Present, and Future: Lessons from A Christmas CarolThis is a story about you and your favorite credit card, the one that earns you points. You use your card for everything. You pay off your balance…
Read more Video: Opinion | Your Rewards Card Is Actually Bad for You, and for Everyone ElseEarly morning magenta light illuminates clouds and the Moulton Barn on Mormon Row at the foot of the … [+] Grand Tetons near Jackson, Wyoming. Teton County, home…
Read more Income Inequality In All 50 States: A Deep Dive On The County LevelNever mind the macro stats for the U.S. economy — Americans are hot, and very much still bothered by high prices, with recent reports about GDP growth, stock gains…
Read more The economy’s long, hot, and uncertain summer — CBS News pollNonprofit fights homelessness by building support networks Nonprofit fights homelessness by building support networks 02:58 Millions of Americans are living in communities mired in “deep disadvantage,” mostly rural…
Read more In America’s “internal colonies,” the poor die far younger than richer Americans
