Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than other consumers, according to new data released Tuesday, evidence of ...

Across 41 states, the bottom 20% make less than $20,000 on average. Meanwhile, the top 20% earn more than $250,000 in 25 states — accounting for half of America. While it’s not exactly a new ...

While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

New reports on wealth and income inequality in Singapore spark a national debate on social mobility and the country's social ...

Wealth inequality looks at the distribution of assets, such as property, stocks and saving. Read more at straitstimes.com.

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

AMES, Iowa – Job growth in the retail and service sector has not matched the wages of manufacturing and other middle-skill level jobs lost over the past decade in Iowa. The difference has contributed ...

One expert warns that Trump Accounts could widen the wealth gap because wealthy families can contribute more while lower-income families may struggle to add more money beyond the $1,000 seed funding.

To understand how Americans are faring economically these days, it's helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as "K-shaped," a reference to ...

Re: “Low pay means some flight attendants face homelessness and hunger” [Sept. 1, Nation & World]: The article on the beginning flight attendant for Frontier Airlines whose salary is so low she needs ...

The study breaks down economic accounts and distribution per quarter of each year to better understand how characteristics change over time.