For the average American, the US economy hardly merits any kudos. Two new data dumps make that reality even plainer.
New analysis shows how corporate bosses rake in huge salaries and bonuses as inequality continues to soar.
Wages for most American workers have remained basically stagnant for decades, but a new
The findings in the AP-NORC poll illuminate how many Americans’ frustrations over the economy, income inequality and insecurity about their financial futures has contributed to this dizzying presidential election season.
NEW YORK — Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years of recovery from the Great Recession, Americans' financial conditions remain precarious as ever. These financial difficulties span all
For their new book, H. Luke Shaefer and Kathryn J. Edin followed the lives of America’s poorest families.
If she did not make plasma deposits twice a week at a donation center in Tennessee, Jessica Compton and her family would have no income. If not for a carton of spoiled milk, Modonna and Brianna Harris’ refrigerator would be barren. The Harris and Compton families’ stories are just two accounts of devastating poverty documented in sociology
It would take the combined wealth of more than 18 American households to equal the value of a single federal lawmaker’s household, the Center for Responsive Politics’ latest analysis of congressional wealth finds.
Rep. Darrell Issa, R-Calif. (AP Photo) The median net worth of a member of Congress was $1,029,505 in 2013 — a 2.5 percent increase from 2012 — compared with an average American household’s median net worth of $56,355. Once
New analysis from Pew Research Center finds that economic gains of the wealthiest continue to soar as the middle-class and low-income families face chronic stagnation.
People line up at the food pantry at Sacred Heart Community Service on Friday, Feb. 21, 2014, in San Jose, Calif. (AP Photo/Marcio Jose Sanchez) The gulf between rich and poor people in America has hit a new record. An analysis
Growing wealth gap “one of the most significant—and worrying—features of the development of the world economy” since early-19th century, OECD says.
Global income inequality has returned to levels recorded in the 1820s—when the Industrial Revolution produced sizable wealth gaps between the rich and poor—according to a new report released Thursday by the Organization for Economic
