Since 2011, the share of middle-class Americans has reportedly inched up just 1%. Though many more people self-identify as middle-class, just over half of Americans would qualify based on their income. According to the Pew Research Center, 52% of American adults are in middle-class households as of 2016, with a median income of $78,442. For a family of three, a middle-class income can be anywhere between $45,195 and $135,585. While the size of the middle class hasn’t changed much in recent years, for the four decades prior, Pew reports that it fell steadily from 61% to 51%. And the middle class hasn’t seen gains in income comparable to those seen in upper income households. Today, as housing and education costs balloon, many Americans are feeling the squeeze. Middle-class families in 2019 are far less secure in their ability to live comfortably while also buying a home, providing for their children, and saving for retirement. Of course a six-figure income … [Read more...] about What “middle-class” looks like in 4 U.S. cities
What do split ends look like
WASHINGTON — There's one all-consuming question for the Democratic Party now that the Mueller report has been released: What now? The ball is in Congress's court. And Democrats are about to face a huge split about whether to pursue an impeachment proceeding with obvious political downsides, or to pass on the opportunity to set a historic precedent and hold the president accountable. Members of Congress often say that they want to serve in a time of consequence. Well, it doesn't get more consequential than this. On the one hand: Democratic 2020 candidates have been reflecting the reality on the ground, which is that voters don't seem to have much appetite for impeachment at all. That's reflected in public polling, too, and there's a clear risk than an impeachment fight would be perceived as Democrats overplaying their hand. Nancy Pelosi knows all of that. But congressional leaders also face the opposite question: Without trying to hold the president accountable, what might they be … [Read more...] about The Mueller report is out. What do Democrats do next?
Hillary Hoffower, provided by Published 8:55 am CDT, Saturday, April 6, 2019 Scott Dudelson/Getty Images Rich millennials are giving the luxury world a facelift. Like other millennials, they spend on experiences — but they're opting to pay for VIP treatments and customization. In luxury fashion, rich millennials are reinventing the meaning of expensive sneakers and streetwear. Visit Business Insider's homepage for more stories. Rich millennials' spending habits are turning the luxury sector on its head. Like the rest of their generation, rich millennials prefer to spend on experiences — but unlike the rest of their generation, they pay extra to heighten these experiences with VIP treatments and customization. Rich millennials are also creating new trends and status symbols, namely expensive sneakers and streetwear, the latter of which has become entwined with luxury fashion. This is largely due to the role of social media — as more … [Read more...] about Rich millennials are creating new trends and status symbols — here are 7 ways they’re redefining what luxury looks like
Hilary Brueck, provided by Published 7:03 am PST, Saturday, February 2, 2019 AP Photo/Gene J. Puskar Punxsutawney Phil (pictured above) gets the spring forecast right about 30% of the time on Groundhog Day. That's worse than flipping a coin. The bonafide long-range forecasters with the National Weather Service say they're getting better at predicting long-term trends. Their success rate is about 70%. This coming spring is looking balmy for most of the country. On Saturday morning, Punxsutawney Phil popped out in Pennsylvania and delivered his annual prediction for when winter will end. After nosing around, shaking his fur and ignoring his shadow, he proclaimed spring will come early this year. Phil's handlers, dressed in black top hats and overcoats read the groundhog's "prediction scroll." "Here is my forecast: faithful followers, there is no shadow of me, a beautiful spring it shall be!" Phil pronounced. In New York City, Staten Island Chuck likewise declared … [Read more...] about Punxsutawney Phil predicted an early spring — here’s what spring will actually be like, according to a meteorologist
“Dancing With the Stars” in the US is a spin-off of the UK’s show “Strictly Come Dancing.” There have been several versions of the show made worldwide. Judges, pros, and stars from the original have appeared on various adaptations. You may be familiar with the competition show format of celebrities pairing up with professional dancers to compete for a prize. What you may not know is this format has been replicated all over the world. Here’s what the show looks like in different countries. It all started in the UK with “Strictly Come Dancing.” This was the original, modern-day celebrity dancing competition show. It’s been airing since 2004 and has featured celebrities such as Spice Girl Emma Bunton and singer Pixie Lott. Original judge Bruno Tonioli now also judges on the US version “Dancing With the Stars.” The US has “Dancing With the Stars.” Since “Dancing With the Stars” premiered in the … [Read more...] about What celebrity dancing reality shows look like around the world