Income inequality reaches all-time high
(NEWSER) - The US poverty rate has finally taken a downturn for the first time in 10 years, census figures show. The poverty rate was 12.3% in 2006, down from 12.6% the previous year, and annual household income rose to $48,200. But the news isn't all rosy: the number of people without health insurance soared to a record 47 million, and income inequality has never been greater. More»