The top 1% saw its share of household income double from 1979 to 2022, going from 9% to 18%, the CBO said. The middle cohort saw the biggest decline.

The middle class is indeed shrinking, but new research reveals the trend is actually good news.

Add Yahoo as a preferred source to see more of our stories on Google. The comment sections of TikTok’s “middle-class house tours” feature thousands of Americans arguing about what qualifies as middle ...

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 ...

For many Americans, the idea of a $6,000 monthly mortgage sounds absurd. But in places like California, New York and Seattle, ...

Concerns about the affordability of education, housing, health care, having a family and retirement are driving economic ...

Add Yahoo as a preferred source to see more of our stories on Google. Dean Mitchell / iStock.com Are you in the middle class? In recent years, the lines between classes have gotten blurred, especially ...

Defining yourself within the American middle classes can be tricky. Your social class is based on more than just your salary; it depends on everything from where you live to how you live. In the U.S., ...

Proposals sold as targeting extreme wealth would fundamentally change how Americans are taxed—turning any ownership into a recurring liability for the middle class.

The difference between wealthy people today and the upper middle class in the 90s is the wealth gap. In the 90s, more people could afford some of the basic status symbols they sought out in their ...