“Middle class” is often used as a monolithic term. When politicians invoke it, they’re referring to anyone who isn’t wildly wealthy or who wouldn’t classify as financially disadvantaged. But there’s ...

MANILA, Philippines — The Philippine economy can grow by close to seven percent per year and become a middle-class society by 2040 if it fully implements reforms that boost productivity and job ...

The World Bank (WB) and the International Monetary Fund (IMF) categorize their members according to the level of per capita gross domestic product (GDP).

The true middle class has shrunk in recent years. While many people still classified as “middle class” are experiencing a slight shift in incomes, others are being pushed into poverty by basic ...

GOBankingRates referred to the Pew Research Center’s definition of middle class as two-thirds to double the median household income to determine the cities where a six-figure income is considered ...

Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...