A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep up with inflation, according to a recent analysis. Roughly 29% of lower-income households are living paycheck to paycheck, up slightly from 2024 and from 27.1% in 2023, data from the Bank of America Institute shows. The financial … Read more
Economic promises helped Donald Trump get re-elected. Now, he has an affordability problem, and his administration is facing backlash from consumers over the cost of living. Ali Bauman has more on efforts to bring relief. #Americans #struggling #weeks #federal #food #aid #quotIt039s #food #lightsquot
The share of Americans reporting trouble affording food is rising this year amid persistently high grocery costs, according to a recent report from Purdue University. Roughly 14% of U.S. households reported food insecurity on average between January and October, up from 12.5% in 2024, according to the latest data from Purdue’s Center for Food Demand … Read more