The nation may be in better economic shape, but that doesn't mean Americans' paychecks are.
Median annual household income has fallen 4.4% to $52,098 in the four years since the economic recovery began.
Black Americans took the biggest income hit since the Great Recession ended.
Median household income for blacks dropped by more than $4,000 to $33,519. Whites, on the other hand, saw their median income slip just over $2,000 to $58,000.
Married couples and single women, meanwhile, have fared better than single mothers and men living alone.
And those who are starting and those nearing the end of their careers have also taken big income hits, while senior citizens saw their incomes climb.
When Suzanne Eva Lain praised Obamacare in a recent CNNMoney article, she never thought it would earn her a ticket to the White House.
But after a member of the Obama administration read that she can't wait for Obamacare to start, officials invited her to attend an event at the White House on Friday at which the president expounded on how the Affordable Care Act has helped women and their families. MORETami Luhby - May 14, 2013 10:42 AM ET
The Labor Department will release its latest update on the U.S. job market Friday morning, and the outlook is neither rosy nor gloom and doom. Economists surveyed by CNNMoney are expecting 140,000 jobs were created in April.
While that would be an improvement compared to the meager 88,000 jobs added in March, it's really not much to write home about either. Over the past 12 months, the U.S. economy added an MOREAnnalyn Kurtz - May 2, 2013 2:58 PM ET
Are China's economic statistics accurate?
Pose this question to a group a China watchers and you're likely to receive a variety of responses. Some observers are convinced that China is cooking its books. Others believe state statistics are largely reliable and useful for drawing conclusions about the world's second largest economy. Still others will debate the accuracy of certain data classes, pointing to more meaningful alternatives.
Now we have an opinion from researchers MORECharles Riley - Mar 26, 2013 6:57 AM ET
Whether you love it or hate it, Valentine's Day is a big business -- and no, not everything is fair in love and war.
Guys plan to spend an average of $108 on their sweethearts this Valentine's Day, twice what women plan to spend on their significant others. Ladies plan to spend only $53, according to a survey by the National Retail Federation.
Flowers and jewelry tend to push up the average costs MOREAnnalyn Kurtz - Feb 14, 2013 9:28 AM ET
As lawmakers bicker over how to spend federal tax dollars, Americans have a few suggestions for them.
According to a recent online survey of 1,000 consumers by TD Ameritrade (AMTD), people clearly want the government to focus even more on health care. Jobs are important as well. And there are some interesting differences between what men would like the government to spend more on and what women view as a priority MORETami Luhby - Feb 12, 2013 9:29 AM ET
Though blacks' job prospects have improved from the depths of the Great Recession, they still suffer from disproportionately high unemployment.
Pegged to Black History Month, the U.S. Congress' Joint Economic Committee put out a stats sheet highlighting the gap. It takes longer, on average, for black workers for find a job, and even having a college degree doesn't help as much as it does for other job-seeking populations. The black unemployment rate MORETami Luhby - Feb 6, 2013 11:14 AM ET
The fiscal cliff deal contains a wide array of tax provisions that will affect taxpayers. Here's the list of what is -- and isn't -- in the agreement:
Payroll taxes: Wage earners will now pay a 6.2% payroll tax on the first $113,700 in wages since the deal did not extend the 4.2% rate that had been in place for two years. That means workers earning the national average salary of MORETami Luhby - Jan 2, 2013 1:00 PM ET
There are some new lines on the Form 1040 thanks to the fiscal cliff. The IRS has had to set aside space for provisions that Congress hasn't approved yet, leaving those lines as "reserved."
Are you a teacher who spent up to $250 on pencils, books or other classroom supplies? Well, you'll find Line 23 now says "reserved" instead of "educator expenses deduction."
Are you a student looking to deduct up to MORETami Luhby - Dec 28, 2012 1:52 PM ET
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