A generation ago, an astonishing 90 percent of Japanese were proud to call themselves “middle class” – meaning what? “Car, color TV, air conditioner” – the “3 Cs” – either acquired or within reach. A ...

MANILA, Philippines — Based on most recent data and projections, a majority of our people are poor. The upper class (rich and upper-income) constitutes about 1.4 percent of the population. This small ...

In August Amalia Adininggar, Indonesia’s statistician-in-chief, appeared in parliament with bad news. The country’s middle class had shrunk. Between 2021 and 2024, 6m Indonesians had fallen into the ...

Incomes for India’s middle class—those earning between ₹5 lakh and ₹1 crore annually—have remained flat for the last decade, according to Saurabh Mukherjea, Founder and CIO of Marcellus Investment ...

More families are moving up into higher income brackets, a new report from the American Enterprise Institute said, throwing cold water on the idea that America's middle class is disappearing because ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Being middle class once meant being relaxed about the small comforts in life. But now there seems to be ...

"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...

Most Americans think they’re middle class, even when the numbers tell a different story. The rising cost of living and shrinking benefits have shifted what it means to be "middle class." It's no ...