Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force

New York Times - Sep 15, 2026

Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.

Read full article
More News
Novo Nordisk Warns of First Sales Drop Since Start of Ozempic

Feb 4, 2026

Novo Nordisk Warns of First Sales Drop Since Start of Ozempic

The once high-flying Danish drugmaker has struggled to fend off rivals in the weight-loss industry, especially Eli Lilly, which gave a much rosier outlook to investors.

Why A.I. Fears Are Battering Stocks, Again

Feb 4, 2026

Why A.I. Fears Are Battering Stocks, Again

New tools by artificial intelligence companies like Anthropic have reignited worries that businesses will pare down their subscriptions to software services.

The Questionable Science Behind the Odd-Looking Football Helmets

Feb 4, 2026

The Questionable Science Behind the Odd-Looking Football Helmets

The N.F.L. claims Guardian Caps reduce the risk of concussions. The company that makes them says, “It has nothing to do with concussions.”

Restaurant boss 'devastated' at having to close

Feb 4, 2026

Restaurant boss 'devastated' at having to close

Bar owner Jobe Ferguson says he is devastated to close TNQ in the Northern Quarter after 22 years.

New York Times Added 1.4 Million Digital Subscribers in 2025

Feb 4, 2026

New York Times Added 1.4 Million Digital Subscribers in 2025

The company reported total revenue of $802.3 million for the fourth quarter of 2025, up 10.4 percent from a year earlier.

Are You ‘Biohacking’ to Perform Better at Work? We Want to Hear From You.

Feb 4, 2026

Are You ‘Biohacking’ to Perform Better at Work? We Want to Hear From You.

Please tell us what changes you’ve made to your health and wellness practices to improve your brain function and job performance. We may include your experiences in an article.

Wegovy maker warns price cuts 'painful' for firm as shares plunge

Feb 4, 2026

Wegovy maker warns price cuts 'painful' for firm as shares plunge

Novo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring.

Bedrock, an A.I. Start-Up for Construction, Raises $270 Million

Feb 4, 2026

Bedrock, an A.I. Start-Up for Construction, Raises $270 Million

The two-year-old company, founded by veterans of the autonomous vehicle business Waymo, is seeking to automate excavators and other building equipment.

Gold rebounds above $5,000 after US downs Iran drone

Feb 4, 2026

Gold rebounds above $5,000 after US downs Iran drone

Precious metal price voliatility continues as geopolitical tensions push investors to safe-haven assets.

The yachting industry searches for alternatives to teak

Feb 4, 2026

The yachting industry searches for alternatives to teak

Prized for its beauty, teak is in short supply, forcing the yacht industry to look for alternatives.

How will car loan compensation payments work?

Feb 4, 2026

How will car loan compensation payments work?

Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.

Bulgarians Adopt the Euro With a Whisper of Melancholy but Few Tears

Feb 4, 2026

Bulgarians Adopt the Euro With a Whisper of Melancholy but Few Tears

In a country roiled by political upheaval recently, retiring the longtime currency, the lev, prompted some concern about inflation but little other angst.

Trump Says Housing Prices Should Be Higher, Not Lower

Feb 4, 2026

Trump Says Housing Prices Should Be Higher, Not Lower

When President Trump said he wanted to drive housing prices up, not down, he was speaking to a conundrum that has flummoxed policymakers for decades.

Congress Reins In Drug Middlemen in Effort to Lower Prescription Prices

Feb 4, 2026

Congress Reins In Drug Middlemen in Effort to Lower Prescription Prices

The legislation will impose new restrictions on pharmacy benefit managers, giant companies like CVS Caremark, Optum Rx and Express Scripts that oversee prescription drug benefits.

What's going on with the price of gold?

Feb 4, 2026

What's going on with the price of gold?

Gold has fallen from recent highs but there are several reasons investors are still finding refuge in the precious metal.

Pinterest sacks engineers for tracking staff job cuts

Feb 4, 2026

Pinterest sacks engineers for tracking staff job cuts

The social media platform recently announced that it was axing around 15% of its workforce.

‘Neoroyalism’ and What It Says About Trump

Feb 4, 2026

‘Neoroyalism’ and What It Says About Trump

Experts are reaching to divine the president’s approach to global policy and economics, with one theory seeing antecedents in centuries-old dynastic rule.

Meat Processors Take a Hit as Cattle Prices Remain High

Feb 4, 2026

Meat Processors Take a Hit as Cattle Prices Remain High

Tyson Foods said its beef business could lose up to $500 million this year as the supply of cattle reaches a 75-year low.

Grammy Awards Audience Declines by a Million Viewers

Feb 4, 2026

Grammy Awards Audience Declines by a Million Viewers

The show on Sunday drew about 14.4 million people. It is the second consecutive year that the awards ceremony attracted a smaller audience.

X offices raided in France as UK opens fresh investigation into Grok

Feb 4, 2026

X offices raided in France as UK opens fresh investigation into Grok

Elon Musk's X and Grok platforms are facing increased scrutiny from authorities on both sides of the channel.

Stephen Miran Resigns From White House as Fed Term Stretches On

Feb 3, 2026

Stephen Miran Resigns From White House as Fed Term Stretches On

Mr. Miran had taken a leave of absence from advising the president after adding a role at the Federal Reserve, drawing criticism from Democrats.

Netflix Leader Pushes Warner Deal Before Skeptical Lawmakers

Feb 3, 2026

Netflix Leader Pushes Warner Deal Before Skeptical Lawmakers

Senators asked Ted Sarandos about whether the acquisition would raise prices, squeeze talent and degrade the moviegoing experience.

Netflix and Warner Bros struggle to defend merger

Feb 3, 2026

Netflix and Warner Bros struggle to defend merger

Concerns were raised by a subcommittee including potential price rises and the future of cinemas.

The Chinese planemaker taking on Boeing and Airbus

Feb 3, 2026

The Chinese planemaker taking on Boeing and Airbus

Comac's passenger jet is attracting customers in South East Asia where demand for affordable aircraft is growing.

Walmart Joins Tech Giants With $1 Trillion Market Valuation

Feb 3, 2026

Walmart Joins Tech Giants With $1 Trillion Market Valuation

The company’s rapid e-commerce growth and push into automation and artificial intelligence propelled its stock into the trillion-dollar club.

Snow Drought, Political Shifts and Strikes Batter Ski Industry in Western U.S.

Feb 3, 2026

Snow Drought, Political Shifts and Strikes Batter Ski Industry in Western U.S.

Little snowpack, strikes by mountain staff and Trump administration policies that are keeping international visitors away have made this a difficult season in the Rockies and beyond.

Police Search X’s Premises in France as Prosecutors Summon Elon Musk

Feb 3, 2026

Police Search X’s Premises in France as Prosecutors Summon Elon Musk

The move followed a yearlong investigation into X and escalated a wider standoff between European officials and American tech companies over the regulation of social media.

‘Don Colossus,’ a Golden Statue of President Trump, Waits for Its Home

Feb 3, 2026

‘Don Colossus,’ a Golden Statue of President Trump, Waits for Its Home

A group of cryptocurrency investors backing a memecoin hopes the statue will soon be installed at one of Mr. Trump’s golf courses in Florida.

Trump and India Call Off Their Trade War, but the Terms of Peace Are Murky

Feb 3, 2026

Trump and India Call Off Their Trade War, but the Terms of Peace Are Murky

Officials and business leaders welcomed lower tariffs, but India has not yet confirmed that it would stop buying Russian oil, which President Trump said Prime Minister Narendra Modi had agreed to.

Brad Karp Says He Regrets Interactions with Epstein

Feb 3, 2026

Brad Karp Says He Regrets Interactions with Epstein

Newly released emails between Mr. Karp, the chairman of Paul Weiss, and Jeffrey Epstein reveal a number of social interactions between them.

Disney names Josh D'Amaro as new chief executive

Feb 3, 2026

Disney names Josh D'Amaro as new chief executive

The media giant chooses the head of its amusement park business to replace longtime boss Bob Iger.

Jeffrey Epstein’s Trust Reveals Beneficiaries of His Fortune

Feb 3, 2026

Jeffrey Epstein’s Trust Reveals Beneficiaries of His Fortune

Jeffrey Epstein wanted most of his money to go to his girlfriend. Mr. Epstein’s brother and a Harvard math professor were also named beneficiaries.

After Years of Increases, PepsiCo Pledges to Cut Prices on Snacks

Feb 3, 2026

After Years of Increases, PepsiCo Pledges to Cut Prices on Snacks

The food and beverage giant said consumers were facing “affordability limitations.”

Investigation Finds Credit Suisse Had Wider Nazi Ties Than Previously Known

Feb 3, 2026

Investigation Finds Credit Suisse Had Wider Nazi Ties Than Previously Known

But a lawyer who has been scrutinizing archives and UBS are in a dispute over access to about 150 documents.

Walmart becomes first retailer to hit $1tn market value

Feb 3, 2026

Walmart becomes first retailer to hit $1tn market value

The milestone reflects the US retail giant's booming e-commerce business and investors' embrace of its AI investments.

The New Key to Restaurant Success? A Simple but Clever Model.

Feb 3, 2026

The New Key to Restaurant Success? A Simple but Clever Model.

Novel approaches to the all-day cafe are working for diners and creative chefs across the country.

PepsiCo to cut some US snack prices after backlash

Feb 3, 2026

PepsiCo to cut some US snack prices after backlash

The snack conglomerate is cutting the price of products including Doritos, Cheetos and Lays

Disney Names Josh D’Amaro as Next C.E.O.

Feb 3, 2026

Disney Names Josh D’Amaro as Next C.E.O.

Mr. D’Amaro, 54, has most recently served as chairman of Disney Experiences, a division that includes theme parks, cruise vacations and consumer products.

Christy Tanner Named C.E.O. of New York Public Radio

Feb 3, 2026

Christy Tanner Named C.E.O. of New York Public Radio

Ms. Tanner was previously an executive at CBS News and serves on the board of Audacy, a major U.S. broadcaster and podcast producer.

Stop watching Netflix and go to the pub, Welsh first minister says

Feb 3, 2026

Stop watching Netflix and go to the pub, Welsh first minister says

Eluned Morgan said her government can't be expected "to step in and do the work" to save struggling pubs.

Recommended
ABOUT US
Logo

Market Sanctum is one of the world’s leading news sources for the currency trading community. We have experts in the industry to share about business news and real-time commentary together with dedicated journalists reporting on stories and market briefs in the U.S., Europe, and Asia.

Contact us: sales[at]marketsanctum.com

SUBSCRIBE
Copyright © 2015 - 2026 Market Sanctum. All Rights Reserved.