Economy

A single person, living alone, with earnings from employment totaling $10,000 falls below the United States poverty threshold ($10,890 for a one person household in 2011). The Census Bureau classifies that person as “in poverty.” But what if he or she receives government benefits, such as health care, with a value of $5,000 or more per year?

Europe has come to understand that what is at stake right now is not just the economies of a few member nations, but the future of European Union itself.  The cornerstone of that union is the Euro, the single currency that has made close cooperation even tighter.  But in order to save that currency, there is little that can be done short of the member nations drawing much closer toget

This morning the Euro crisis moved on from the still unresolved Greek issue to Italy. There is nothing new here except that Italian PM Silvio Berlusconi said he would resign after an austerity package was passed and move the nation ahead into new elections.  How did that happen?