US economy notches remarkable new record, sparking cheers: ‘Good job everyone’

Americans may not feel it in their wallets, but two major measures of economic well-being improved in 2025, as the nation's poverty rate fell to a historic low and inflation-adjusted median household income reached a record high, according to new Census Bureau data.

In 2025, the poverty rate in the United States dropped to an all-time low of 10.2%, down roughly half a point from 2024, according to the Census Bureau. Even as the proportion of people living in undesirable conditions declines...