U.S. incomes, poverty rate bounce back to pre-recession levels in 2016

The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost during the 2007-2009 recession, federal government data released on Tuesday showed. Median household income rose 3.2 percent from $57,200 a ye...

U.S. incomes, poverty rate bounce back to pre-recession levels in 2016