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2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
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
2 mins read
After eliminating extreme poverty, India now eligible to move to a higher poverty line: report
The report finds growth in per capita consumption, a decline in urban and rural inequality and a dr…
2 mins read
Putin could struggle to end the war in Ukraine because it's making some poor Russians richer
Russia's production in war-related industries rose 60% from the fall of 2022 to the spring of 2024.…
Huileng Tan
3 mins read
Feeling poor compared to your neighbors can harm your health
Wealth gaps cause serious social comparison, meaning people miss out on connection with and support…
Allie Kelly
2 mins read
Texas senator says the plan to give poor residents a $500 guaranteed basic income is unconstitutional
Harris County, which includes Houston, is offering $500 guaranteed basic income payments to the are…
Kenneth Niemeyer
2 mins read
The hot red tomato: One in three households have paid over ₹200/kg; 17% have given up
Over the last few months, apart from politics, cricket and movies, the ubiquitous tomato has also b…
2 mins read
Shops of toddy, poor man's scotch, to undergo a major facelift in Kerala
The toddy shops in Kerala are in for a major facelift.
1 min read
Russia's economy is headed for stagnation as the path of monetary policy is being chosen 'very poorly,' economists say
Russian inflation could hit 5.6% this month, the nation's own economists forecasted.
Jennifer Sor
2 mins read
$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
2 mins read
Only 50% rural households have tapped drinking water under Jal Jeevan Mission
Even as the deadline of providing drinking water through taps to every rural household under the go…
1 min read
Ally Bank is eliminating overdraft fees, which disproportionately affect poor households and people of color
Ally Bank announced Wednesday that it is eliminating overdraft fees on all accounts, and all custom…
Aleeya Mayo
3 mins read
This is India’s decade and GDP is likely to cross $7.5 trillion by 2031, says Morgan Stanley
The strategy report titled ‘Why This is India’s Decade’ by Morgan Stanley says: “Our Next Indi…
2 mins read
Raghuram Rajan says save people before saving the economy
“We need to spend money on medical supplies, ventilators, and masks — on getting protective equi…
1 min read
'Rich Dad Poor Dad' author Robert Kiyosaki is itching to buy cheap bitcoin and real estate - and tells investors to pounce on bargain assets
Kiyosaki celebrated the market slump as a sale on assets, and said he has cash ready to scoop up ba…
Theron Mohamed
2 mins read
'Rich Dad Poor Dad' author Robert Kiyosaki touts canned tuna as the best investment today — as gold, silver, and bitcoin aren't edible
The personal-finance guru warned soaring inflation could lead to starvation, and people can eat can…
Theron Mohamed
2 mins read
'Rich Dad Poor Dad' author Robert Kiyosaki expects a brutal market crash, and advises buying silver, bitcoin, and even toilet paper. Here are 10 of his best tweets this year.
The personal-finance guru has raised the prospect of hyperinflation and an economic depression, and…
Theron Mohamed
2 mins read
Women, unemployed, rural poor lag due to digital divide, says Oxfam India Report
The percentage of men owning phones is as high as 61 per cent while only 31 per cent of the wome…
2 mins read
A wealthy suburban city in Illinois is getting slammed for offering a 2.5-hour 'poverty simulation' that it said would show residents what a 'month' of living poor feels like
The median household income in Highland Park is about $153,226, while the rest of the state's is ab…
Matthew Loh
3 mins read
Meghan Markle's 'American approach' led to allegations she bullied royal staffers, author says
Christopher Andersen, royal author and former editor at People, said the allegations that Meghan Ma…