One-fifth in H.K. 'living in poverty'

Sep 28, 2013

One-fifth in H.K. 'living in poverty'

A fifth of Hong Kong’s population is living in poverty, underscoring the challenge Chief Executive Leung Chun-ying faces in seeking to narrow a record wealth gap. About 1.3 million people, or 19.6 percent of the population, were below the poverty line last year, according ...

U.S. rich-poor employment gap is wider than ever

Sep 20, 2013

U.S. rich-poor employment gap is wider than ever

The gap in employment rates between the highest- and lowest-income families in America has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press. Rates of unemployment for ...

Aug 30, 2013

Poverty's IQ drain is 'equivalent of pulling an all-nighter'

Poverty consumes so much mental energy that people struggling to make ends meet often have little brainpower left for anything else, leaving them more susceptible to bad decisions that can perpetuate their situation, claims a new study. “Past research has often blamed (poverty) on ...

Aug 27, 2013

India MPs pass food-for-poor bill

India’s parliament on Monday passed a flagship $18 billion program to provide subsidized food to the poor that is intended to “wipe out” endemic hunger and malnutrition in the aspiring superpower — despite concerns about its impact on strained public finances. The Food Security ...