You Searched For "Household Income" and got 20 results
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2 mins read
Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
The US economy has two imbalances that could tip it into a downturn, according to economist David R…
Jennifer Sor
2 mins read
India to remain fastest growing major economy in 2024-25, says CEA Nageswaran
India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…
ANI
6 mins read
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
2 mins read
The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…
Jennifer Sor
4 mins read
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
4 mins read
A guaranteed basic income program helped a millennial afford a crib for her newborn when her income dipped during maternity leave
Tatiana Lopez, 39, is a new mom. She's receiving a $500 monthly guaranteed basic income through Fli…
Allie Kelly
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
3 mins read
Biden announces plan to cap rent increases at 5% for half of American rental households
A record number of renters can't afford their housing costs. Biden wants to discourage big rent inc…
Eliza Relman,Dan Latu
3 mins read
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
4 mins read
Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families
Philly Joy Bank and PHLHousing+ are guaranteed basic income pilots in Philadelphia offering familie…
Allie Kelly
2 mins read
The educational gap between poorer and richer households is growing in India and much of Asia, thanks to climate change
According to a UNESCO report, high temperatures are leading to poorer grades and worsened performan…
1 min read
Financial constraints often trap domestic violence victims. Los Angeles thinks a basic income is a solution.
A basic income pilot in LA not only improved food and housing security, it helped people leave abus…
Katie Balevic,Kenneth Niemeyer
2 mins read
Nvidia is no household name — but may soon overtake Microsoft and Apple
Nvidia's valuation is now less than $400 billion behind Microsoft, meaning the chipmaker could soon…
Theron Mohamed
3 mins read
2 St. Louis residents are suing the city's basic-income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
St. Louis is giving low-income families $500 monthly, but a lawsuit aims to block the guaranteed-ba…
Allie Kelly,Noah Sheidlower
6 mins read
Meet the new moms using up to $700 in monthly basic income to afford childcare. It could be the answer to helping parents stay employed.
Guaranteed basic income helps some parents pay for childcare — participants and experts say it lead…
Allie Kelly
4 mins read
A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
Kenneth McQueen, 35, received $1,000 a month through a New York guaranteed basic income pilot. He u…
Allie Kelly
2 mins read
At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
1 min read
Million-dollar income households are renting — not buying — more than ever
There were about 4,500 households with incomes more than $1 million that were renting in 2022 — fou…
Lloyd Lee
4 mins read
The biggest basic income pilot in the US found that it didn't stop participants from working and helped get their families into safer situations
A basic income pilot in Los Angeles saw increases in the quality of life for participants and their…
Noah Sheidlower,Katie Balevic
3 mins read
A basic income program helped struggling kids enjoy huge success — and even become Olympians
A basic income program in rural Romania put one child on the path to jobs at Electronic Arts and Mi…