A Wall Street portfolio manager has gone viral with a blog post that posits a new poverty line for a family of four in America: $140,000 a year. It’s a large number. The Federal Poverty Level set by ...

Houston has a higher percentage of residents living in poverty among the largest cities in the United States, according to new data from the U.S. Census Bureau. One out of five residents — ...

Over the last 50 years, the proportion of Americans living in poverty has remained virtually unchanged. In 2023, 11 percent of American’s lived below the poverty line. In 1973, that number was also 11 ...

Forbes contributors publish independent expert analyses and insights. Aisha Nyandoro is a leading voice on equitable economic policies. It’s time to retire the outdated federal poverty line and ...

Wall Street strategist Michael Green caused a stir on social media last week with his outlandish claim that the federal poverty line should be raised to cover individuals earning as much as $140,000 ...