An obvious outcome of falling income is rising poverty, which is now at an 11-year high, while income inequality stands at a 27-year high. Out of 240 million people, 70 million are living below the ...

Explore whether economics can be considered a science, analyzing its classification, testability, and consensus within social science debates.

Figuring out where you stand financially in retirement is not as simple as looking at your bank balance. Net worth, which is the total of everything you own minus everything you owe, is the real ...

Pakistan's poverty has surged to an 11-year high of 29%, with 70 million people now in extreme poverty. Income inequality has ...

Economic instability and discrimination were associated with higher odds for long COVID among children and adolescents, ...

It's not surprising that costs go up over time, but these 11 everyday essentials that were affordable 10 years ago are so expensive now that the middle class can't afford them anymore.

In 1988 President Ronald Reagan argued that “the federal government declared a war on poverty, and poverty won”. Thomas Sowell, a 95-year-old economist at the Hoover Institution and social-media ...

In Nusa Tenggara Timur, a 10-year-old boy’s suicide exposes the limits of income-based poverty metrics. Multidimensional data show that deprivation in Indonesia often clusters long before a family is ...

This paper examines whether small low- and middle-income countries offer excess returns and diversification benefits to global investors. Using monthly equity price data from 2015–25, the study pools ...

With the second Trump administration has come a dramatic shift in U.S. foreign economic policy. Washington is imposing tariffs on partners and rivals alike, slashing foreign aid, aggressively ...

Concerns about the affordability of education, housing, health care, having a family and retirement are driving economic anxieties, a New York Times/Siena poll found. The New York Times/Siena poll ...

A combat veteran, Zhang Youxia was once seen as the most trusted man in Xi Jinping’s military. Now he has been accused of disloyalty to Mr. Xi. Zhang Youxia at a legislative meeting in Beijing in ...