It would be far more sensible for investors to remain cautious about the future, rather than to assume that the sun will continue to shine indefinitely.
In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer ...
For many, the holidays bring mixed feelings. The formerly solid middle class will continue to go to food banks offering free groceries. The lower class is fairing much worse as poverty knows no holidays. The main currency many Americans have this holiday season is hope for change.
The kids aren’t feeling alright. Nearly 40 percent of Americans aged 18 to 29 self-identify as lower class, a 14 percentage point boost since 2008, ...
If you live in America, and not under a rock, you probably heard that the Fed announced earlier this week that U.S. wealth fell nearly 40 percent from 2007 through 2010.
Marriage, graduation, and working are all great goals shared by many across the political spectrum. But this view scrambles together the data on good outcomes with the idea that gumption can move anyone into a higher-income cohort.
"Clash warfare" may appeal to a minority, but it does nothing to respond to the economic and social concerns of the majority of Americans. For them, class warfare is not the issue -- fairness and opportunity are.
What a bummer to discover that this great national mythology that's sustained us for so many generations may no longer be true. A spate of recent studies suggests that Americans are no longer upwardly mobile.
The aluminumadores in my neighborhood at least try to maintain some kind of dignity in spite of their humiliating circumstances. Contrast that with what I witnessed at the upscale party, where a wealthy man groveled and whined just to get his friends inside.
From 24/7 Wall St.: Seems as though the American Dream is just that — a dream. If you were born into a middle class family, there is a high chance t...
We the people were heroic in rescuing so many Type A's and their financial sectors. I say heroic only because our act now seems selfless. It wasn't supposed to be that way. We had an agreement.
Over the last thirty years, the majority of Americans have started working longer hours while earning less, according to a recent report by the Center...