Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...

"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...

Economic mobility and a steady rise up the 'ranks' of the financial strata are often heavy on the minds of American consumers. The United States is a place of extremes, financially. The wealthy rake ...

Add Yahoo as a preferred source to see more of our stories on Google. The American middle class is significantly richer than it was a generation ago. But even as incomes rise, the pressures are real. ...

With rising cost of living, inflation and tariff costs (along with struggling employment levels), is the middle class still capable of attaining the American dream? To answer such a question, ...

The good news is that Americans have never been richer. The bad news is that most of them don’t feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half century ...

The good news is that Americans have never been richer. The bad news is that most of them don't feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half century ...

The good news is that Americans have never been richer. The bad news is that most of them don’t feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half century ...