Last year, 11.6% of people in the U.S. lived below the federal poverty level, a number that has ticked up in recent years, according to the Census Bureau. Experts say those numbers may be even higher ...
The idea of the poverty line dates back to 1963, when Mollie Orshansky, a statistician for the Social Security Administration, developed a method to measure how many families were unable to afford ...
The claim that a family needs six figures just to avoid poverty sounds like a provocation, but it is rooted in a detailed attempt to price out a very ordinary American life. A Wall Street strategist ...