The top 1% of American earners now control more wealth than the nation’s entire middle class, federal data show. More than one-quarter of all household wealth, 26.5%, belongs to Americans who earn ...
With a median income income hovering around $75,000 in the United States, some of the shrinking middle class is moving to the upper class. The share of income held by the middle class fell from 61% in ...
The latest data from the Federal Reserve shows that the top 1% has more wealth than the middle 60% of the income distribution. While most Americans have seen an increase in net worth over the last ...
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