In cities across America, the middle class is hollowing out. A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research ...
U.S. presidential candidate Hillary Rodham Clinton took swipes at Wall Street and her Republican rivals on Monday, promising to impose tougher regulations on banks and raise the wages of ordinary Americans if she wins the 2016 White House race. Under pressure from a campaign ...
Nail salons, massage parlors, cafes and other signs of consumerism were unheard of in rigidly controlled North Korea just a few years ago, but they are slowly emerging in one of the world’s last bastions of Cold War socialism. North Korea operates a centrally ...
Four decades after the reunification of Vietnam under a communist regime, an emerging middle class is reinforcing the country's re-orientation toward a market economy.
Asia's rapidly growing middle class will serve as a keystone for economic and political development in the region.
The U.S. job market is slowly improving, and most economists expect that gradual recovery to continue this year. Yet one of the most disturbing trends of the Great Recession is still very far from being reversed. America’s middle-class jobs have been decimated since 2007, ...
In 2009, during his first address before a joint session of Congress, U.S. President Barack Obama championed a budget that would serve as a blueprint for the country’s future through ambitious investments in energy, health care and education. “This is America,” the new president ...
