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Screen capture of a chart indicating changes in net worth per household. (Credit: pewsocialtrends.org)

Pew: Wealthy Getting Wealthier While Bottom 93 Percent Lose Net Worth

A recent study conducted by Pew Research’s Social & Demographic Trends division has found that the nation’s economic recovery has largely benefited America’s wealthiest citizens.

04/25/2013

File photo of President Barack Obama. (credit: Win McNamee/Getty Images)

President Obama Minimum Wage Plan Renews Economic Debate

President Barack Obama’s call to raise the minimum wage to $9 an hour and boost it annually to keep pace with inflation is already getting a trial run. Ten states make similar cost-of-living adjustments, including Washington state, where workers earn at least $9.19 an hour, the highest minimum in the country.

02/14/2013

credit: PAUL J.RICHARDS/AFP/Getty Images

Washington Tops List of America’s Richest Cities

The Washington region is well off financially. The area sits atop The Wall Street Journal’s list of America’s richest cities.

10/09/2012

Democratic presidential candidate, U.S. President Barack Obama (R) reaches out to shake hands with Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) during the Presidential Debate. (Photo by Win McNamee/Getty Images)

Romney Vows US Renewal; Obama Has Big Money Month

Opening the campaign’s last month, Mitt Romney ticked off indicators of economic misery Saturday night to suggest that a drop in unemployment hasn’t reversed what ails the nation. President Barack Obama’s campaign and Democrats posted an impressive fundraising haul, easing the party’s concerns that he would face a significant money disadvantage in the crucial closing days.

10/06/2012

A view of a home in Deposit, New York. The Southern Tier of New York, an area which borders Pennsylvania and is predominately rural, has been struggling for decades with both high unemployment and chronic levels of poverty. (Photo by Spencer Platt/Getty Images)

US Poverty On Track To Rise To Highest Since 1960s

The ranks of America’s poor are on track to climb to levels unseen in nearly half a century. That means gains from the war on poverty in the 1960s are being erased amid a weak economy and fraying government safety net.

07/22/2012

President Barack Obama speaks at a Jewish American Heritage Month reception in the East Room at the White House on May 30, 2012 in Washington, D.C. (credit: Olivier Douliery-Pool/Getty Images)

Show Me The Money: Candidates Competing For Online Campaign Cash

The stakes are high, measured in the hundreds of millions of dollars every election cycle. Precisely how much is not known, since the Federal Election Commission does not require federal candidates to tally donations raised via email or websites separately from those made in response to traditional mail, phone banks or candidate calls.

06/01/2012

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