We all saw the headlines - the S&P 500 experienced the worst yearly decline since the Great Financial Crisis ('GFC'). However, most investors missed the footnote that S&P 500 companies spent a record ...
Every year, the Internal Revenue Service (IRS) adjusts many provisions to account for the impact of inflation, and for most Americans this usually means a change in the U.S. federal income tax ...
Amid an inflation crisis that saw prices up 9.1% year over year in June 2022, Americans' incomes appear to have taken a hit. The U.S. median household income dropped by 2.3% to $74,580 in 2022, down ...
American households' income fell last year as their cost of living jumped higher than it has in over four decades amid soaring inflation and marking the third straight annual decline since the ...
According to estimates released today in the U.S. Census Bureau’s American Community Survey (ACS), the median household income in the United States fell by 0.8 percent in 2022. The median household ...