Wealth & Poverty - Most Recent

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Record number of moms are breadwinners

May 29, 2013
A new study from the Pew Research Center finds that four-in-ten families have mothers who are the primary or sole earner.
Posted In: single mothers, economic trends, demographics, pew

The rise of WorldStarHipHop, a popular and controversial website

May 28, 2013
The founder says WorldStar entertains, informs and tells it like it is. Critics say the sites viral videos are often exploitative.
Posted In: hip hop, Internet, African American

Convicted of a violent crime? Senate proposes food stamp cutoff

May 27, 2013
Democrats in the Senate agreed to an amendment that would ban anyone ever convicted of certain violent crimes from receiving SNAP food stamps -- for their entire lives.
Posted In: SNAP, food stamps, Crime

Meet the Bank of Frank, safety net provider to family, friends

May 24, 2013
Government programs aren't the only safety nets that people fall back on. In the first of our "Safety Net Confessionals" we hear from Frank Paiano and one of the cousins he helped financially.
Posted In: safety net

Young, famous and newly rich: A family dilemma for pro athletes

May 23, 2013
Kobe Bryant's legal battle with his mother over the sale of his childhood memorabilia is an extreme example of the pressure some pro athletes feel from their families when they become wealthy.
Posted In: Sports, NFL, financial literacy

Join the live discussion on military lending

May 22, 2013
We're hosting a live chat on our investigative series on predatory lending to soldiers and their families.

What happens when a billionaire faces Congressional confirmation?

May 20, 2013
Commerce Secretary nominee and Hyatt heiress Penny Pritzker will have to shift her billions to avoid conflicts of interest, and prepare for questions about the family business.
Posted In: Commerce Department, Obama, Congress

As Congress debates farm bill, food stamps hang in the balance

May 17, 2013
With one in five Americans on food stamps, some in Congress want to cut back on the program.
Posted In: food stamps, poverty, SNAP, Congress

Why military personnel fall prey to payday lenders

May 17, 2013
The government provides countless resources to help military families with financial literacy and even offers low interest loans to help them in times of emergency. So, why are many troops opting to take out risky payday loans instead?
Posted In: payday loans, lenders, military, Army

Walmart can be sued over abuse of 'permatemps' in California warehouse

May 16, 2013
Walmart could be liable for millions in damages because it controls the supply chain, even if it doesn't employ the workers directly.
Posted In: Walmart

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