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A Third of Working Families Live in Near-Poverty

Recession lamenters often focus on the unemployed, but the employed are taking a beating, too. Nearly one in three working families in America is now considered low income, meaning they earn less than...

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Nearly 1 in 6 in US Lives in Poverty

Unsettling news from the US Census Bureau: Nearly one in six people lived in poverty last year. About 46.2 million people, or 15.1%, were below the poverty line, compared to 43.6 million, or 14.3%, in...

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Ranks of Poorest Poor Swell to New High

We've got the top 1% , the 99% , and the 53% , but the poorest of the nation's poor has hit a new high: 6.7% of Americans now fall below half of the federal poverty line, reports the AP . That means...

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US Poverty Rate to Hit Highest Since 1960s

The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net....

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Ben Affleck: I Plan to Live on $1.50 a Day

According to one estimate, 1.4 billion people around the world have to get by on just $1.50 a day. To bring awareness to that fact, Ben Affleck will spend only that much on food and drink for "at least...

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Seattle Transit Charges People Based on Income

A Somali immigrant outside Seattle took her child to the doctor this week and left with something unexpected: a card that lets her take public transit for more than 50% off. "What’s the trick in it?"...

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More Kids in Poverty Now Than in Recession: Report

The Great Recession may be long over, but things didn't pick up for everyone in the years immediately after, especially not for US children: A new report from the nonprofit Annie E. Casey Foundation...

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Answer to a Whole Nation's Poverty? Its Richest Person

As the world's richest and most powerful people leave the World Economic Forum in Davos, Switzerland, there was growing discussion about the impact the world's wealthiest could have, single-handedly,...

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This City Has Lowest Rate of Poverty in US

An individual making less than $12,060 this year—$24,600 for a family of four—technically lives below the poverty line. About 14% of Americans fit that definition. Some cities have been hit harder than...

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