Silicon Valley boom eludes many, drives income gap

(AP)—Silicon Valley is entering a fifth year of unfettered growth. The median household income is $90,000. The average single-family home sells for about $1 million. The airport is adding a multimillion-dollar private jet ...

US incomes, poverty rate fall in 2011: official

US households saw incomes shrink for a second straight year in 2011 as the economy struggles to recover from the Great Recession, but the poverty rate also edged lower, official data showed Wednesday.

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