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Stories 1 - 20 |
Relief Payments Result
in 'Surprising' Poverty Decline
Sep 14, 2021 11:05 AM CDT
Relief Payments Result in 'Surprising' Poverty Decline
Official poverty rate rises, but 'supplemental' measure declines
- The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last year, but massive relief payments pumped out by Congress eased hardship for many, the Census Bureau reported Tuesday.
The official poverty measure showed an increase of 1 percentage point in 2020,
Parents, Check Your
Accounts This Week
Jul 13, 2021 11:12 AM CDT
Parents, Check Your Accounts This Week
First of 6 monthly installments for enhanced child tax credit are due out Thursday
- If you have kids and fit the eligibility requirements, you could see your first monthly payment from the US Treasury this week. The first installment to 39 million families, comprising 65 million kids, are set to be disseminated on Thursday, either via direct deposit or check. Most families will automatically...
Starting July 15, a Boost to
Most Parents' Bank Accounts
May 17, 2021 11:19 AM CDT
Starting July 15, a Boost to Most Parents' Bank Accounts
Expanded tax credit under American Rescue Plan will deliver up to $300 per month per child
- Welcome news for parents of the majority of America's kids: Your bank account is about to get a monthly boost. As part of the expanded tax credit under the Biden administration's American Rescue Plan, households including 88% of the nation's children will start seeing monthly payments on...
Study: Millions Fell Into Poverty
as Federal Relief Ran Out
Oct 16, 2020 7:33 AM CDT
Study: Millions Fell Into Poverty as Federal Relief Ran Out
Columbia researchers say number of US poor has grown by 8M since May
- The world's poor have been hit the hardest by the pandemic—and in the US, that group includes 6 million to 8 million more people than it did a few months ago, according to two studies released this week. Columbia University researchers found that the number of poor people...
This Man Is About
to Get Even Poorer
Jun 11, 2020 7:25 PM CDT
This Man Is About to Get Even Poorer
King's College London warns the world of coming crisis
- Global poverty is set to rise above 1 billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world's poorest by $500 million a day, according to new research published Friday. The research by King's College London and the Australian...
Leila Janah Dies; Companies
Hired Thousands of the Poor
Feb 2, 2020 11:20 AM CST
Leila Janah Dies; Companies Hired Thousands of the Poor
Entrepreneur tapped world's 'biggest untapped resource'
- "Let’s build an export industry but only for poor women," Leila Janah said on a trip to West Africa, after seeing people growing nuts that can be used in skin-care products. "We can solve poverty while also making our skin better." That led to projects...
Kelly Ripa on the Defense
After Referring to Son's Poverty
Oct 24, 2019 6:37 AM CDT
Kelly Ripa on the Defense After Referring to Son's Poverty
'We work and we expect our kids to as well,' says millionaire
- Kelly Ripa is fending off attacks that she's "out of touch" after joking that her son is living in "extreme poverty." The talk show host appeared on
Jimmy Kimmel Live!
Tuesday where she discussed how her eldest son, Michael, a New York University student, is faring...
Nobel Goes to Economists
Studying Roots of Poverty
Oct 14, 2019 6:21 AM CDT
Nobel Goes to Economists Studying Roots of Poverty
Esther Duflo is second-ever female winner
- Three researchers with an "experimental approach to alleviating global poverty" have won this year's Nobel in economics, the Royal Swedish Academy of Sciences says. The prize was won by French-American researcher Esther Duflo, her fellow MIT researcher Abhijit Banerjee, and Michael Kremer at Harvard, the
New York Times
Rich People See Homeless
Couple Move In Next Door
May 4, 2019 10:20 AM CDT
Rich People See Homeless Couple Move In Next Door
And they're a little surprised
- A couple that spent nearly 10 years living on the streets is now residing in a wealthy neighborhood—and some residents are a little unnerved, the
San Francisco Chronicle
reports. It all began when Terrence McGrath, a Bay Area real estate developer, read a column about Greg Dunston and Marie...
The 10 US Cities
Where Poverty Hits Hard
Sep 13, 2018 9:20 AM CDT
The 10 US Cities Where Poverty Hits Hard
Texas claims 4 of them
- Last year, 13.4% of all Americans lived below the poverty line—a 0.6-percentage point drop from 2016. But many pockets in the US still struggle, and 24/7 Wall St. mined data from the US Census Bureau to see which metropolitan areas are dealing with the highest poverty rates....
Students In This
Aug 25, 2018 5:30 PM CDT
Students In This Country Get Tampons for Free
'After all periods are not exempt from poverty,' official says
- Good news for female students in Scotland: All your pads and tampons will now be free, the
reports. The Scottish government has allocated $6.7 million to pay for the sanitary products of some 395,000 school, college, and university students—an effort to banish what's called "...
Trump's Plan: Deliver Food
Boxes Instead of Food Stamps
Feb 13, 2018 6:42 AM CST
Trump's Plan: Deliver Food Boxes Instead of Food Stamps
But critics say the idea of an 'America's Harvest Box' is 'prone to failure'
- Trump administration members are hailing their newest idea as a "bold" approach that would save the government billions and feed more than 38 million people in low-income households, but critics are calling it an approach that's "prone to failure." President Trump's 2019 budget plan was...
The Eviction Process in the US:
'Efficient and Surreal'
Jan 26, 2018 12:18 PM CST
The Eviction Process in the US: 'Efficient and Surreal'
The middle class is now being affected, thanks to gentrification, among other factors
- John Williams once had a white-collar career as a political reporter and a $2,000-a-month apartment in suburban DC. Then he lost his job, fell behind on his rent to the tune of five figures, and was kicked out of his home by housing court. It was a "smooth,...
10 Neediest US Cities
Dec 13, 2017 12:05 PM CST
10 Neediest US Cities
Detroit and Cleveland top the list
- A new survey by WalletHub crunches economic data on more than 180 US cities to rank them in terms of neediness. More specifically, the ranking takes into account factors such as child poverty, hunger, and uninsured rates, then bestows an overall score (the lower the better). The 10 neediest cities:...
Here Are the 10 Poorest
Countries on Earth
Dec 1, 2017 11:50 AM CST
Here Are the 10 Poorest Countries on Earth
Burundi tops the list
- As American lawmakers and financial experts debate economic disparity, 24/7 Wall St. takes a worldwide economic view—specifically, regarding which nations are the poorest on Earth. The site compared gross national income, or GNI, per capita from the World Bank for more than 170 nations, which is a close equivalent...
This City Has Lowest
Rate of Poverty in US
Oct 14, 2017 4:50 PM CDT
This City Has Lowest Rate of Poverty in US
Sheboygan, Wisc., is atop the top 10
- An individual making less than $12,060 this year—$24,600 for a family of four—technically lives below the poverty line. About 14% of Americans fit that definition. Some cities have been hit harder than others, and 24/7 Wall St. looked at 382 US metro areas to compile its...
to NC City
Oct 9, 2017 1:02 PM CDT
Michael Jordan Making Biggest Donation Ever to NC City
NBA star is donating $7M to open 2 medical clinics in Charlotte
- Michael Jordan, who grew up in North Carolina, attended UNC-Chapel Hill, and now owns the Charlotte Hornets, is making his biggest ever donation—$7 million—to build two medical clinics in Charlotte. Per his rep, the NBA legend learned of a 2014 study that found children in the North Carolina...
Stress, Poverty Raise
Alzheimer's Rates in This Group
Jul 16, 2017 3:15 PM CDT
Stress, Poverty Raise Alzheimer's Rates in This Group
Stressful social conditions may put African Americans at higher risk
- New studies looking at how social conditions may affect risk of dementia found that living in stressful circumstances hits one group hardest: African Americans. According to NPR , four studies presented at an international conference in London Sunday all presented evidence linking poverty, disadvantage, and stressful life events to cognitive issues...
May 25, 2017 11:56 AM CDT
Ben Carson's Eyebrow-Raising Remarks on Poverty
It's largely a 'state of mind,' he notes
- "If everybody had a mother like mine, nobody would be in poverty," Secretary of Housing and Urban Development Ben Carson told SiriusXM on Wednesday. "She was a person who absolutely would not accept status of victim." He then went on to comment further, in remarks that...
for the Poor
Apr 10, 2017 3:42 PM CDT
The Vatican Opens Free Laundromat for the Poor
Showers, a barbershop, medical services to be added soon
- Those living in poverty in Rome will still be able to have clean clothes. Pope Francis has opened a free laundromat for the poor in the city, the Vatican announced Monday. It currently has six washing machines, six dryers, and some irons donated by Whirlpool; Proctor and Gamble is donating...
Stories 1 - 20 |
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