Middle Class

Before becoming a household name, Mark Cuban's life was rooted in the hard-working ethos of a middle-class upbringing. Born and raised in a Pittsburgh suburb, Cuban learned the value of independence and the power of a strong work ethic from an early age. "It was your typical middle class. My dad...

President Joe Biden‘s chief economic adviser reportedly vowed that Democrats would seek to overturn Trump’s corporate tax cuts in 2025, sparking a potential clash with the GOP over a tax law with expiring provisions. “It’s clear we need to end the 2017 tax breaks for the...

Despite feeling overwhelmed by the growing number of streaming platforms, Americans continue to subscribe, and a new survey reveals the most popular choices among middle-income levels compared to others. What Happened: Even as consumer face financial pressure to reduce spending on streaming...

The American middle class is grappling with a financial crisis despite earning six-figure incomes, with inflation eroding their purchasing power and threatening their traditional way of life. What Happened: Despite earning $130,000 annually as a 29-year-old medical sales representative, Vincent...

Former President Donald Trump is the frontrunner to secure the GOP nomination for president in the 2024 presidential election. First serving as president after winning the 2016 presidential election, Trump may have improved the progress of the Republican party according to a new survey. What...

The middle class is increasingly being squeezed out of the major metropolitan areas in the United States. President-elect Donald Trump's administration and recent appointment of Ben Carson to the Department of Housing and Urban Development have done little to convince Americans the trend will...

U.S. household incomes had not risen since 2007. However, 2015 saw growth not only return, but also hit its highest rate since the Census Bureau first started releasing this data in 1967. Over last year, the typical U.S. family’s inflation-adjusted median income surged by 5.2 percent. After...

Politicians across both sides of the aisle are constantly blaming the other side for the shrinking middle class. However, according to a recent survey, the upper middle class is not only doing just fine — it is surging. Bloomberg picked up on a study conducted by Urban Institute, which found...

The rich are getting richer, the poor are getting poorer and the middle class isn't advancing, right? Not according to a new study. According to the Urban Institute, the middle class has been shrinking since 1979. However, the shrinking part of the middle class isn't dropping to the lower class,...

Wilbur Ross, the famed billionaire distressed asset investor publicly announced his support for presumed Republican presidential nominee Donald Trump on CNBC. According to Ross, the U.S. government needs to undergo an overhaul and requires a "more radical" and "new approach to government." He added...

When searching for growth potential around the globe an investor will more often than not be drawn to the continent of Africa. The estimates end to vary, however in general most experts believe GDP for the continent will exceed five percent in 2014, well above the growth expectations of the U.S...