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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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4 mins read

Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.

Kenya's universal basic income program, which will continue through 2030, is offering no-strings ca…

Allie Kelly   


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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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2 mins read

RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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2 mins read

10 cities where Social Security and retirement incomes are the highest

Arlington, Virginia ranked highest in retirement account and Social Security income, followed by Ca…

Noah Sheidlower   


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3 mins read

Conservatives are fighting guaranteed basic income programs using a surprising argument: They aren't universal

Conservatives groups are attacking guaranteed basic income programs for being discriminatory.

Kenneth Niemeyer,Katie Balevic,Peter Gelling   


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3 mins read

New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.

New Mexico gave households with mixed citizenship status $500 a month for a year. Participants saw …

Allie Kelly   


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2 mins read

The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

Lower-income Americans are can't keep up with the rising cost of living and have blown through thei…

Jennifer Sor   


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4 mins read

A DC basic income program is letting people choose the amount on their checks. A participant said $1,400 a month is what she needs to pay medical bills.

Deborah Ogarro Kelly, 47, receives $1,400 a month from a Washington DC basic income program. She us…

Allie Kelly   


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7 mins read

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   


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3 mins read

As high-paying jobs become harder to get, more Americans are looking to Uber and Lyft for extra income

Gig work like ride-hailing is becoming more popular, per a Bank of America report. A cooling job ma…

Jacob Zinkula,Noah Sheidlower   


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3 mins read

This college town is experimenting with giving low-income entrepreneurs and gig workers $12,672, no strings attached

A guaranteed basic-income program in Ann Arbor is giving small business owners $528 a month, no str…

Allie Kelly   


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6 mins read

Low-income Americans wait years to get housing vouchers that are often impossible to use. Fixing the system could mean more funding and less red tape.

Just 60% of voucher recipients nationwide actually use their vouchers to secure housing, which show…

Eliza Relman   


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3 mins read

A Gen Xer struggles to afford housing and groceries, but her income is about $100 too high to get help

Melinda Binkley, 56, has tried to apply for safety net programs before but she's told her household…

Allie Kelly   


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4 mins read

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   


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1 min read

A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

"It's hard to get a soft landing," Citi's CEO Jane Fraser told CNBC on Monday. "We're hopeful, but …

Yuheng Zhan   


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2 mins read

Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…

Theron Mohamed   


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2 mins read

Google is co-funding a guaranteed basic income trial that gives families $12,000 a year to help keep them housed

Google's philanthropic arm is co-funding a $2.8 million guaranteed income pilot aimed at reducing h…

Theron Mohamed   


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4 mins read

Juliana Kaplan,Ayelet Sheffey,Noah Sheidlower