The numbers of poor and uninsured Americans are likely rising - with more than 38.8 million believed to be in poverty. Rebecca Blank, the Commerce Department's undersecretary of economic affairs, spoke to The Associated Press in advance of next month's closely watched release of 2008 census data.
Noting the figures are not yet final, Blank said the numbers will likely show a "statistically significant" increase in the poverty rate, to at least 12.7 percent. That would represent a jump of more than 1.5 million poor people last year.
Numbers of poor in US projected to increase to 38.8mil
Janet Yellen, the Treasury secretary, said her agency will need to start taking “extraordinary measures”, or...
JPMorgan Chase is summoning all staff back to the office, becoming the latest corporate giant to...
The parent company of TGI Fridays, the casual dining chain, has filed for bankruptcy, the company...
