'Average American' will slide down income scale

The median household income for Americans reached an all-time high in 2000, fell during the recession of 2001, and was only approaching its 2000 level in 2007 when the Great Recession struck. By 2011 it had fallen back to ...

Scientists create high-resolution poverty maps using big data

A team of researchers from the Complexity Science Hub (CSH) and Central European University (CEU) created more-detailed poverty maps using computational tools that bring together survey information, and data and images provided ...

Online scams cost $485 mn in US in 2011: survey

Online scams including identity theft schemes, "advance fee" and "romance fraud" cost Americans some $485 million in 2011, a report prepared for the FBI said Thursday.

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