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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
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
$104,400 classes as a 'low' income for a single-person household in San Francisco, California's housing department says
The median income for a one-person household in San Francisco County is listed as $122,500. Earning…
Grace Dean
Arlington, Virginia, gave $500 to low-income families no strings attached. It helped them catch up on bills, but many still struggle to afford housing.
Arlington's Guarantee helped participants secure better jobs and pay off debts, though participants…
Noah Sheidlower
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.
Starting this summer, Pomona, California will give 250 families with children with children under t…
Allie Kelly
Artists in New York got $1,000 monthly through a basic income program. One participant used the money to pay bills and afford healthcare.
Jacinta Bunnell, 52, received guaranteed basic income from Creatives Rebuild New York. The program …
Allie Kelly
The College Board is raking in cash as it promotes its AP exam among low-income students, many of whom are failing it
The New York Times, based on its own estimates, said that the College Board receives roughly $100 m…
John L. Dorman
Cabinet okays Rs 75K cr rooftop solar scheme, 1 cr households to get subsidy of up to Rs 78K
The Prime Minister launched the scheme on 13th February 2024. The scheme provides a cent…
PTI
The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says
Lower-income Americans are can't keep up with the rising cost of living and have blown through thei…
Jennifer Sor
Retiring lawmakers are once again complaining that their $174,000 salary is too low
Rep. Ken Buck said voters would "go ballistic" if he'd said this before he retired but that it's "v…
Bryan Metzger
Slow recovery of low income households slowed down India's economic recovery: Kotak report
The post-COVID economic recovery of low-income households has been slow, according to a new report.…
‘Confident’ Indians might splurge on big-ticket items in 2024
The ghost of the pandemic is now a thing of the past. Consumer confidence index which hit a five-ye…
India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report
India’s gross savings and investments are edging higher despite elevated inflation eating into the …
Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership
The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…
Theron Mohamed
New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
New Mexico gave households with mixed citizenship status $500 a month for a year. Participants saw …
Allie Kelly
A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says
"It's hard to get a soft landing," Citi's CEO Jane Fraser told CNBC on Monday. "We're hopeful, but …
Yuheng Zhan
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
Walmart says shoppers are swapping lunch meat for beans in the latest sign that inflation is roiling low income households
Deli meats and beef are out, while canned tuna, chicken and beans are rising in popularity with Wal…
Áine Cain
Revenge spending effect: Household savings dip to 5 -year low
Indian households' savings fell to a five-year low in 2021-22 as rising inflation gnawed into the p…