Tag Archives: households

City of Boulder gave $500 a month to 200 low-income households. Here’s what happened.

City of Boulder gave 0 a month to 200 low-income households. Here’s what happened.

As a nearly two-year project in Boulder that helped 200 low-income households make ends meet is coming to an end, organizers are releasing final results. The project Elevate Boulder gave $500 monthly payments to each participant starting in 2023 after the city allocated $3 million from its  American Rescue Plan Act funds for the project. CBS The final report states that …

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More US households shift money to accounts with investment income, study says

More US households shift money to accounts with investment income, study says

WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of …

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