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The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallet…
Filip De Mott
America's way of measuring poverty is stuck in the 1960s. Here's how we can fix it.
Many Americans are struggling financially but don't qualify for aid because they technically make a…
Juliana Kaplan,Noah Sheidlower,Allie Kelly
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
America's big cities are about to run out of money
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …
Emily Stewart
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
Support like child tax credits and basic income reduces child abuse, researchers found
Doctors found that giving financial support to low-income families could lower rates of child negle…
Allie Kelly
Runaway government debt could sink markets and slam the economy, 2 watchdogs warn
Ballooning government debt and soaring interest payments could trigger a UK-style market meltdown a…
Theron Mohamed
What dream job? Gen Z and millennials are being forced to confront a difficult job market.
It's tough out there for Gen Z and millennial workers, who are likely to be impacted the most by a …
Jennifer Sor
There's no fiscal 'bazooka' that China can aim at all of its economic troubles, Citi strategist says
The idea that China's government will be able to steer the economy towards prosperity is an assumpt…
Aruni Soni
A US soft landing would only be possible through fiscal measures like student-loan forgiveness and tax cuts, economist says
Drivers of US growth present during 1995's soft landing aren't present, so fiscal measures may be n…
Aruni Soni
3 signs the economy is thriving — and 3 red flags to monitor
Some economists think the US is well on its way to achieving a "soft landing" and avoid a recession…
Noah Sheidlower,Madison Hoff
The most interesting part of China's stimulus announcement was the omission of a key phrase that ignited the 2020 crackdown on the real-estate sector
President Xi Jinping famously said "Houses are for living in and not for speculation" in October 20…
Huileng Tan
China just unleashed broad stimulus measures to fire up the economy — but analysts think these have failed to live up to expectations
China wants to improve EV infrastructure, expand the supply of affordable rental housing, and get l…
Huileng Tan
The golden age of DINKs
DINKs, "rich aunties," and DINKWADs: Couples with two incomes and no kids are living it up like nev…
Juliana Kaplan,Bartie Scott
China's economy is facing a nightmarish Year of the Dragon
The failure of Evergrande, the world's biggest property developer, is another headache for Beijing …
George Glover
China could take steps to prop up its economy, but that would leave it vulnerable to a 'Lehman moment,' economist says
Chinese policymakers have the ability to engineer stronger growth, but that may worsen the structur…
Phil Rosen
Nike's warnings on China should scare other companies that do business there
Nike's results signaled that weak consumer demand in China may remain a headwind despite Beijing's …
Phil Rosen
It's starting to look like China regrets its private-enterprise crackdown
Beijing's official readout from its annual Central Economic Work Conference suggests "remorse," wro…
Huileng Tan
Meet the typical student-loan borrower: a millennial woman with a $35,000 balance who wants debt relief
As millions of student-loan borrowers are once again entering repayment, here's what the average Am…