A terrorist held people hostage in Sydney, Australia a few days ago. In response to this emergency, Uber jacked up the fare price for its services. This caused a backlash because people don't like to...
December 17, 2014 | Matt Bruenig
Walmart is under scrutiny after claims that their political action committee is using illegal methods to persuade employees to donate to its PAC. The complaint, filed with the FEC, alleges that...
December 16, 2014 | Chelsea McKevitt
In a speech on the Senate floor on Saturday, Senator Elizabeth Warren called out to the toxic connection between money in politics and financial crisis. Demos' report Stacked Deck found...
December 15, 2014 | Joseph Hines
I probed the Survey of Consumer Finances microdata for the period 1989-2013 to determine how the finances of young people have evolved over the period. Here is what I found (spreadsheet). Debt (...
December 15, 2014 | Matt Bruenig
A government shutdown once again loomed, and familiar deadlines and ultimatums flew around Washington. And Congress just used the threat to loosen the rules created in the wake of the financial...
December 12, 2014 | Wallace Turbeville
As turmoil surrounds a potential shutdown around provisions to roll back critical parts of Dodd-Frank, there's new evidence that Wall Street holds more influence than ever in Washington.
December 11, 2014 | Joseph Hines
It’s not about smart phones, selfies or social media. Millennials aren’t making some of life’s biggest purchases because we’re broke. As James Carville might say, “it’s the economy, stupid.” Reading...
December 9, 2014 | Donovan X Ramsey
For the next few days, I am working on a project to map the state of overall youth indebtedness using the Survey of Consumer Finances. I've done quite a bit already (see spreadsheet here for what I...
December 9, 2014 | Matt Bruenig