Wealth

Federal Reserve data show that just 14 percent of U.S. families own stock directly, and only 52 percent have a retirement account. It’s a highly skewed group: White households are far more likely to hold stock than black or Hispanic households, while the vast majority of stock holdings belong to the wealthiest 5 percent. Economists say […]

It’s the dream of many parents that their children will grow up to have more prosperous lives than they did. A new report from the World Bank finds that’s not happening in much of the developing world, where upward mobility has stalled for the past 30 years.  Click the audio player above to hear the […]

Diapers are higher tech than ever before, but many families cant afford them.