In financial news, new census data shows the median household income rose just over 5 percent in 2015. It’s the first major increase of household income since the recession began in 2007. The data shows average income for the poorest 20 percent of Americans increased for the first time in four years. This comes after a number of cities and states passed minimum wage hikes. However, economic inequality remains deeply entrenched; the poorest 10 percent of Americans are relatively poorer today than they were in 1989.