He left America at the age of seven, has never earned a penny there, but might owe the U.S. government $6,000 in taxes. Meet Elad Shahar, who was born in 1969 to Israeli parents in New York when his father was posted there for work. Anybody born on U.S. soil -- or to one American parent anywhere in

Credit card debt is escalating rapidly, with U.S. consumers on track to add $60 billion to their credit card balances this year. That's a 55 percent hike from year-ago levels, according to credit trackers at CardHub.com. Less clear is whether that raw number is a sign that Americans are again

  The deterioration of Russia's economy might mean good news for Ford (F) and other American companies—at least for the time being. Russia's currency, the ruble , has shed 40 percent of its value against the U.S. dollar in the last year as Western sanctions have slammed the Russian economy, and

Over 48 million Americans live in poverty, according to a special report by the Census Bureau Thursday. It provides an alternative look at the worst off people in the nation than the official numbers that come out in September. Government programs such as food stamps do help some people, especially

If you are an American, odds are you’re single. According to a new report from economist Edward Yardeni, more than half of Americans aren’t married, up from 37 percent in 1976. He reckons a nation of singletons will change the structure of the economy because it means fewer parents and homeowners.