The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580.
Category: Poverty
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Wrestling With Inequality, Some Conservatives Redraw Economic Blueprint
A growing number of Republican politicians and theorists are challenging party orthodoxy on pocketbook issues, corporate power and government’s role.
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In Spain, Illegal Pot Farms Are Being Blamed for Blackouts
Spain’s largest electricity company says daily power outages are caused by indoor marijuana farms that overload the grid. “Easy excuse,” residents reply.
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Nonprofit Health System Says It Is Ending Policy That Denied Care to Indebted Patients
Allina Health, a large Midwestern system of hospitals and clinics, says it has decided to stop cutting off medical care to patients with unpaid medical bills of $4,500 or more.
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How China Made Its Housing Crisis Worse
Years of inattention to building an adequate safety net for seniors, the jobless and others in financial stress have left Chinese consumers afraid to spend.
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Health Insures Deny Medical Care for the Poor at High Rates, Report Says
Investigators found that major companies overseeing Medicaid patients’ health care frequently rejected doctors’ requests for approval of treatments and procedures.
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E.V. Ride-Sharing Programs Bring Cleaner Transportation to Low-Income Communities
An innovative E.V. ride-sharing program is bringing low-cost clean transportation to an agricultural town in California’s Central Valley. Others are following suit.
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World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.
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New World Bank President Ajay Banga Leads at a Pivotal Moment
The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty.
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New World Bank President Ajay Banga Leads at a Pivotal Moment
The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty.