On average, wages have risen faster than prices in recent years. But not all Americans are getting ahead.
Category: Income
Is It Silicon Valley’s Job to Make Guaranteed Income a Reality?
The tech community, led by Sam Altman of OpenAI, has funded programs that give people unconditional cash. Some say it’s time to scale up.
In the Age of A.I., How Much Is Silicon Valley Prepared to Give Back?
The tech community, led by Sam Altman of OpenAI, has funded programs that give people unconditional cash. Some say it’s time to scale up.
GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
U.S. Economy Grew at 3.3% Rate in Latest Quarter
The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.
American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
What to Know About Biden’s Student Loan Repayment Proposal
Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.