Here we go again: Home equity lines of credit are on the rise -- with a 16 percent increase forecast this year -- as more homeowners borrow against the value of their homes. The reflexive question might be: Didn't Americans learn anything from the housing bust?
“People across the country are starting to see the real Walmart,” said Q Knapp, a Texas Walmart worker who went on strike Wednesday. “And that’s why I will continue to stand up because the time for change is now.”
One of the most simplistic fictions is that corporate elites are spearheading a "class war" all on their own, driving down wages to squeeze out higher profits in the name of greed. Of course, that's not actually the way modern shareholder capitalism works. Instead, most CEOs and executives -- and
Older Americans are disproportionately likely to be in debt. A 2012 Demos survey found that citizens 65 and older typically carried $9,300 on their credit cards, the most of any age group. Debt burdens are increasing, too.
We've heard it again and again for decades: Raising the minimum wage is bad for small businesses, raising their labor costs and lowering the number of people businesses hire overall. These arguments are front and center again now, as Democrats in Washington push to raise the federal minimum wage and
To the Republican supporters of laws that would treat the poll booth like an exclusive nightclub that asks for photo ID and other qualifications before allowing entry, the answer to why anyone would oppose this is simple: They must not want to vote bad enough.
A new report says declining revenues and bad Wall Street deals—not out-of-control spending or generous pension benefits--contributed the most to Detroit’s bankruptcy. The r eport from the left-leaning think tank Demos also accuses Emergency Manager Kevyn Orr of attacking the problem in
