When it comes to cars, there are brands for rich people — Mercedes, Audi, BMW — and there are cars for people of more modest means — Chevys, Fords, Toyotas. But just as many people at the bottom of the income ladder buy Jeeps as people at the top.
U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.
Well we are 40 days away from Election Day here in the U.S. And there's some new polling about just how much a voter's income determines his or her vote.
Employees who earn less money than they feel they're worth are more likely to share their salary with friends and family. Meanwhile, those who are paid more, keep quiet.