HOUSEHOLD INCOME
Americans see widening rich-poor income gap as cause for alarm Financial Express Americans overwhelmingly say the growing gap between rich and poor has become a serious national concern, a sentiment that may bolster Democrats' plans to narrow the income divide when they take control of Congress. Americans See Widening Rich-Poor Income Gap as Cause for Alarm Common Dreams News Center Americans See Widening Rich-Poor Income Gap as Cause for Alarm Household spending jumps at twice rate of inflation in '05 winnipegsun.com OTTAWA -- Household spending rose at twice the rate of inflation last year as gasoline prices jumped and utility bills got pricier. Federal government should cut income taxes, says IMF Investment Executive The International Monetary Fund expects the Canadian economy to grow at an annual rate of 2.75% by the middle of next year, helped by strong domestic demand. U.S. stocks gain as upbeat profit outlooks offset higher crude MarketWatch via Yahoo! Finance NEW YORK -- U.S. stocks traded broadly higher Thursday, with the Dow Jones Industrials Average reaching record highs, as investors cheered positive earnings forecasts from some household names while shrugging off a cut in oil production by the world's biggest producers. U.S. stocks higher as upbeat oulooks offset crude rise MarketWatch via Yahoo! Finance NEW YORK - U.S. stocks were higher on Thursday, with the Dow Jones Industrial Average hitting record highs, as investors focused on positive earnings forecasts from some household names and shrugged off an expected cut in oil production by the world's biggest producers. State wants low-income families to stay warm The Times of Northwest Indiana There is help for families battling the cold this winter. Earlier this month, Gov. Rod Blagojevich encouraged families to apply for energy assistance to help keep their homes warm and safe in coming winter months as part of his Keep Warm Illinois campaign. Congress Lifts Income Limit For Students in Evaluation Washington Post Congress has increased the income guidelines for some of the students enrolled in the District's federally funded school voucher program, an effort aimed at preventing hundreds of students from being forced out of the program before it is evaluated. SOPHISTICATED INVESTOR: Think $2,200 Makes You Rich? On Global Scale, Yes Nasdaq SANTA MONICA, Calif. (Dow Jones) -- The richest two percent of the world's population owns more than half of the world's household wealth. Although you may believe you've heard this statistic before, you haven't: For the first time, personal wealth, not income, has been measured around the world. Rising energy prices fuel household spending increase: StatsCan CBC via Yahoo! Canada News Canadians devoted a greater portion of their household budgets to gasoline and utilities in 2005, fuelling the biggest increase in household spending in eight years, reports Statistics Canada.
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