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By Simone Pathe
The wealth gap between upper-income Americans and the rest of the country has reached a new high. According to a Pew Research Center analysis, the gap actually widened during the recovery as only upper-income families recouped some of the wealth…
By Miles Corak
A yawning gap has opened up between market income poverty rates and total income poverty rates, which can only be heralded as a major success story for out-of-work assistance, particularly those components under federal control, argues economist Miles Corak.
The American economy is still feeling the effects of the 2008 financial crisis. A new study from the National Bureau of Economic Research analyzes the largest components of America's declined output -- from lost investment to lower labor force participation…
By Darlene Superville, Associated Press
The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday's fifth anniversary of the…
The recession has had a negative effect on children's well-being, even increasing their likelihood of being physically abused. Photo courtesy of Mario Tama/Getty Images. Editor's Note: As "The Great Gatsby" lit up silver screens this summer, Miles Corak, professor…
As part of his continuing coverage of Making Sen$e of financial news, economics correspondent Paul Solman reports from Rhode Island on the struggles that states are facing over how to calculate investment returns for public pension funds to keep them…
Gwen Ifill talks to PBS correspondents from New York, Virginia and California about the state of local economies.
President Obama faces falling poll numbers with many Americans claiming they have lost faith in the president's ability to handle the economic crisis.
Word trickled down that the federal government will impose tax hikes on major financial institutions. Judy Woodruff speaks with experts about what this could mean for the economy.
The unemployment rate held steady at 10 percent in December, according to new figures released Friday. As part of his continuing series of reports on making sense of the economy, Paul Solman travels to Atlanta to gauge the hiring outlook…
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