You Searched For "Low income households" and got 19 results
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3 mins read
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…
Allie Kelly
3 mins read
A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households
The HOMES Act would cap rent at 25% of tenants' incomes, and offer homebuyers affordable mortgages.
Eliza Relman,Juliana Kaplan
2 mins read
Half of renters live somewhere they can't afford
For decades, financial advisors and the federal government have recommended that Americans spend no…
Eliza Relman,Noah Sheidlower
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
A Walmart exec explains the surprising reason low-income shoppers pay for a delivery membership
Shoppers who receive government assistance are "doing the math" on gas and public transportation co…
Dominick Reuter
3 mins read
Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time
Auto parts and dollar stores serve a lot of customers who earn less than $50,000, and the squeeze o…
Dominick Reuter
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
6 mins read
The basic income myth: cash discourages work
Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…
Allie Kelly
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
4 mins read
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
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%…
1 min read
China's economy is still stuck in low gear
China's economy continues to face headwinds from a slowing real estate sector, with property invest…
Kelly Cloonan
5 mins read
Georgia gave low-income Black women $20,000 over 2 years. A participant said the money helped her afford day care and pay bills.
Shamarra Woods, 31, used her $700 a month in basic income to afford childcare, rent, and groceries …
Allie Kelly
3 mins read
Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'
Texas Attorney General Ken Paxton filed a lawsuit to block a Houston-area guaranteed basic income p…
Allie Kelly
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
6 mins read
Low-income Americans wait years to get housing vouchers that are often impossible to use. Fixing the system could mean more funding and less red tape.
Just 60% of voucher recipients nationwide actually use their vouchers to secure housing, which show…
Eliza Relman
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
5 mins read
Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment
Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…