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Irresponsible spending habits are not a cause of credit card debt in U.S. households, according to a new report, The Debt Disparity: What Drives Credit Card Debt in America. The national survey of working age low- and middle-income households by public policy organization Demos finds that they

We spoke with William Darity, a professor at Duke University has studied and advocated for reparations in black America for over twenty years.

The sylvan silence of McDonald’s suburban Chicago corporate headquarters provides executives of the world’s largest fast-food corporation a retreat far from its 860,000 U.S. workers—who face a schedule of days defined by sizzling grease, fast-paced work and low wages.

McDonald’s shareholders voted this morning to approve a $9.5 million compensation package for CEO Donald Thompson, including $7.8 million (82 percent of the total) in stock awards and incentive pay intended to reward company performance and align the interests of the Chief Executive with

With another stroke of his pen, President Obama can authorize an Executive Order mandating paid sick leave for the same federally contracted workers whom he just gave a raise to.

On Tuesday, Tea Party challengers received a drubbing by establishment GOP candidates. And today, a group of conservatives published a manifesto with practical ideas meant to woo the middle class entitled Room to Grow. I guess extremism in defense of liberty might be a vice after all.

Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets. Demos’ 2012 National Survey on Credit Card Debt of Low- and Middle-Income Households finds that the Credit CARD Act empowers Americans to take control of

Put simply, how do we square that “college is worth it” from the increasing body of evidence that student debt is not necessarily good debt? The unsatisfying answer, of course, is that it depends.

College is the gateway to the middle class for most young people, but the price has never been higher. And a new study shows that New Jersey has actually exacerbated the student debt crisis by shifting the costs of college onto students and families. According to the national think tank Demos