poor

True, 47% of Americans pay no federal income tax. But, as a recent study points out, when all the other taxes we pay are factored in, the poor often pay a far greater percentage of their income in taxes than the rich.

Squeezed by rising living costs, a record number of Americans %u2014 nearly 1 in 2 %u2014 have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.

If you're very sick and not very wealthy in America, your best move may be to flee the country -- because you'd be better off in any other first world nation. Otherwise, expect to pay through the nose and possibly wind up deep in debt, according to a new report from The Commonwealth Fund.

You'd think that fast-food restaurants -- with their emphasis on value -- would appeal primarily to those at the lower end of the income scale. But according to a new national study, dining at McDonald's and its quick-serving competitors becomes more common as people make more money.

America's road to economic recovery has been long and slow -- and uneven. Some parts of the country are doing a lot worse than others. It's a pattern that shows up in the jobs numbers, poverty rates, foreclosures. But if you want a quick, simple gauge of how any part of the U.S. is doing economically, just look at its median household income.

Scams targeting cash-strapped and unemployed Americans are on the rise, and the con artists are getting even more creative. Here's how to avoid becoming a victim.

While the Great Recession caused the U.S. poverty rate to hit a 15-year peak, a longer trend has seen suburban poverty increasing. According to a new report, the recession only exacerbated the problem, with social safety nets providing fewer services to meet the rising need.

"More food stamps? Or more paychecks?" Former Speaker of the House Newt Gingrich suggests that's how the GOP should couch the national policy debate before the midterm elections. But will it work?

As the economy continues to stumble, homelessness has skyrocketed, leaving many states grappling with an expensive and delicate issue -- what to do with the growing population of people finding refuge in shelters, parks and the streets. Hawaii, where a recent census showed that the homeless...

In an op-ed piece in today's Wall Street Journal, Rutgers economist Eugene N. White argues that "the poor are better off renting." While he's certainly right that homeownership is not always the best option for everyone at every stage of life, some of his arguments are misguided: While suffering...