New estimates show higher number living in poverty


A new supplemental U.S. Census measure estimates that a full 16 percent of Americans are living in poverty, an increase from official reports that put 15.1 percent at poverty level. Forty-nine million Americans struggle to make ends meet under the experimental Supplemental Poverty Measure released Nov. 7, which was designed to better capture the picture […]

Greek Prime Minister to step down if bailout deal approved


Greek Prime Minister George Papandreou announced Sunday evening that he would step down halfway through his four-year term if the 130 million euro bailout plan is passed. Papandreou came to the decision after an evening meeting with Antonis Samaras, who leads the opposing New Democracy party to Papandreou’s PASOK party. The proposed euro bailout deal would consist […]