Michell and Alex, who are homeless, sit outside of the Pan Am Shelter in Queens with their daughter Alexis on Aug. 20, 2014 in New York City.
Spencer Platt/Getty

Business Latest: Defining poverty

 

DEFINING POVERTY ANEW: The portion of the of the U.S. population who fit the government’s definition of poverty fell last year for the first time since the Great Recession when  millions of Americans lost their jobs. But the report doesn’t tell the whole story about what it means to be poor in America. Read more 

UNITED STATES OF CHINA: Over the past few years, there’s been an influx of Chinese money being brought into the United States, from $58 million in 2000 to $14 billion in 2013. Investment comes in two ways: either from corporations or individuals. But there’s one major issue—Chinese law prohibits a person from taking any more than $50,000 USD per year out of the country. Are we on our way towards becoming the United States of China? Read more

BUILDERS CONFIDENT: Hope for a stronger housing recovery is surging among the nation’s home builders. Read more 

DOW RISES TO RECORD FINISH AS FED STICKS TO SCRIPT: Read more

Explore:

Business Latest: Defining poverty