
In a single year the real median income of native-born heads of households declined 2.3 percent while the incomes of foreign-born heads of households increased 4.3 percent, according to newly released government data.
by Caroline May16 Sep 2015, 12:13 PM PST0

The realistic response to minimum-wage increases involves some combination of making do with less labor – cutting hours, firing people – or passing the cost increase along to consumers. Rarely do we find such a clear-cut example of the latter as the hefty price increase at Chipotle restaurants in San Francisco. As the Chicago Tribune reported, the company was quite direct about raising its prices to cover the cost of local minimum-wage hikes, above and beyond the general price increase imposed on numerous markets to account for the rising cost of food supplies, particularly beef.
by John Hayward14 Jul 2015, 1:17 PM PST0

Home prices in Washington, D.C. have skyrocketed so high that lower and middle income families are being priced out of the area, a new report finds.
by Warner Todd Huston6 May 2015, 4:49 AM PST0

The Federal Reserve has declared economic growth “solid.” But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.
by Breitbart News29 Jan 2015, 1:05 PM PST0