Category: Poverty

More U.S. Households Are Struggling Financially, Analysis Finds

The New York Times – Business:
Inflation and a pullback in government assistance have resulted in more people having trouble paying their bills, a nonprofit found in its annual report.
World Bank Courts Private Financing Amid Global Debt Burden

The New York Times – Business:
The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.
Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force

The New York Times – Business:
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
Roger Marshall Sued 700 Patients for Debts; 81 Were Arrested. Now He’s a Senator.

The New York Times – Business:
Patients sued by Senator Roger Marshall of Kansas were routinely charged 18 percent interest, The Times found. Some had bank accounts garnished.
How the Billionaire Joe Lonsdale Shaped Trump’s Homelessness Policy

The New York Times – On the Runway:
As Republicans have embraced tough measures to clear the streets, no group has led the way more than the Cicero Institute, founded by the venture capitalist Joe Lonsdale.
‘I’ve Hit My Limit’: Some New Yorkers Opt for Fun at Home to Save Money

The New York Times – On the Runway:
When wages are low and activities are pricey, the frugal find new ways of socializing.
The Iran War’s Persistent Threat to Farmers in Poor Countries

The New York Times – Business:
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
A Humble 3-Wheel Electric Vehicle Lands Toyota in Federal Court

The New York Times – Business:
A lawsuit filed in California claims the automaker’s philanthropic arm stole technology intended to help poor farmers, but it is not clear to what end.
In Homeless Crisis, California ‘Is Waging a War on R.V.s’

The New York Times – Business:
The R.V.s are seen as an eyesore — the most visible sign of the state’s homelessness crisis. Neighbors and politicians want them gone. The people who call them home feel under siege.
Are Democrats Becoming a Party of Tax Cuts?

The New York Times – Business:
As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking out.
Trump Sought Vast Budget Cuts. Congress Granted Few.

The New York Times – Business:
In a series of deals over the past three months, lawmakers rejected some of the president’s most aggressive attempts to whittle down the government.
Storm Poses Big Threats to Power Grids Across U.S.

Managers of electric grids say freezing temperatures and ice and snow could lead to power outages in many places, potentially leaving millions in the dark.