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Covid Pushed Nearly 5 Million More in Southeast Asia Into Extreme Poverty, Says Asian Development Bank
Covid-19 pushed 4.7 million people in Southeast Asia into extreme poverty last year and erased 9.3 million jobs, the Asian Development Bank said.
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Brits Brace for ‘Perfect Storm' of Tax Rises, Spiraling Inflation and an Energy Crisis
British households are facing the worst cost of living crisis for decades, as inflation, declining wages and an energy crisis eat into household incomes.
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Martin Luther King Jr. Advocated for Guaranteed Income. Now Experiments Are Taking Place in His Hometown and Other Cities Around the Country
A new program plans to give Black women in Georgia up to $850 in guaranteed income per month. Similar experiments are also taking place across the country.
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Suburban Sprawl Is Weighing on the U.S. Economy
Real estate zoning restrictions have produced a national housing shortage and affordability crisis. Architects and economists say reform could boost growth.
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Older Workers Who Lack Digital Skills at Risk of Losing Income. An Initiative From Google and AARP Aims to Help Change That
The Covid-19 pandemic exposed how vulnerable older workers can be to income shocks. Google and AARP are launching new digital training to help change that.
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Some Mothers Are Poised to Get Up to $1,000 Per Month Through a New Guaranteed Income Program
The first 1,000 days of a child’s life can be their most vulnerable, research shows. A new program gives money to mothers to help break the cycle of poverty.
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After 12 People Died in a Fire in Philadelphia Public Housing, Expert Says It Could Happen Anywhere
Many U.S. cities are facing hefty bills if they want to fix their aging public housing. Meanwhile, need for homes outweighs supply, and some units can become crowded — which can be deadly.
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Economists Warn of Inflation Inequality as Poor Get Slammed by Rising Prices
The coronavirus pandemic has led to a new era of inflation inequality, economists warn, in which poor households bear the brunt of rising prices.
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More Than Half of U.S. States Will Raise Their Minimum Wage in 2022, But Employers Are Hiking Pay Faster
Twenty-six U.S. states will raise their minimum wage in 2022. Activists have pushed for $15 an hour, but some are setting their sights on an $18-per-hour rate.
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Almost Half of U.S. Families With Young Children Face High Risk of Poverty Due to Insecure Employment, Research Shows
Almost half of American families with young children have had a high risk of falling into poverty. That could have lasting effects on their children’s lives.
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Food Banks See ‘Perfect Storm' of High Demand, Inflation and Supply Chain Shortages Heading Into Thanksgiving Holiday
Last Thanksgiving was characterized by long lines for food. This year, food banks say they’re still seeing high demand, along with new economic challenges.
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This Former California Mayor Created a Guaranteed Income Program While in Office. Why Michael Tubbs Says He's Still Obsessed With Ending Poverty
In a new memoir, former Stockton Mayor Michael Tubbs talks about the challenges he faced growing up and how anti-poverty initiatives can give others a chance.
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Build Back Better Extends the $3,000 Enhanced Child Tax Credit for a Year
House Democrats included a one-year extension of the enhanced child tax credit in the Build Back Better Act passed Friday, benefitting millions of families.
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Pope: Don't Judge the Poor, Often Victims of Injustice
Pope Francis is decrying society which “hurries past” the poor, judges them and leaves them to their fate.
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‘It's Difficult to Feed Our Families': Volatile Cocoa Prices Are Pushing West African Farmers Further Into Poverty
Some cocoa farmers in Africa are set to lose almost 20% of their incomes, prompting accusations that global chocolate makers are “turning a blind eye” to serious problems.
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The Enhanced Child Tax Credit Will Continue for 1 More Year, Per Democrat Spending Plan
The enhanced child tax credit, including advance monthly payments, will continue through 2022, according to a framework Democrats released Thursday.
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An Investment in Child Care Would Help Lift Some Latina Women Out of Poverty, Analysis Finds
Democrats have set a deadline of Oct. 31 to enact President Joe Biden’s economic agenda, which includes expanding child-care benefits for working families.
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Supplemental Security Income Benefits Haven't Changed in Years. Now There's a Push in Congress to Alter That
About 8 million people collect monthly checks for the aged, blind and disabled. But those benefits haven’t been updated in years. Congress could change that.
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Democrats Look to Extend the Expanded Monthly Child Tax Credit Payments Through 2025. The Terms Could Still Be Up for Negotiation
As Democrats negotiate a host of legislative priorities, one possible area of debate is emerging — whether or not the child tax credit should be tied to work.
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House Democrats Propose Extending Expanded Child Tax Credit Through 2025. Advocates Hope It's a Step Toward Making It Permanent
An expanded child tax credit has provided monthly checks to millions of families. Now some Democrats are seeking to have those payments continue past this year.