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Every time a political leader argues—as President Obama did yesterday—that more education can reduce inequality, I nod my head in agreement, thinking of all the ways that one's life chances in America are shaped by educational opportunity. I grew up in an affluent Westchester town and went to great

Progressives are starting to worry that President Obama may be more talk than walk when it comes to raising the minimum wage. Again, on Wednesday, the president said, "It's well past the time to raise a minimum wage that, in real terms right now, is below where it was when Harry Truman was in office

When I was 18, I spent a year and change flipping burgers in one of those restaurants where customers eat from a tray balanced across their car windows. It was one of the three jobs I held at the time, affording a simple budget and enough left over to save up to go to college after a couple of years

Thousands of fast food workers plan to walk off the job in 100 U.S. cities today, a major escalation in labor’s strongest-ever challenge to an industry that’s become ever more central to the present and future of U.S. work. One year after a surprise work stoppage by 200 New York City fast food

The largest city in American history to file for bankruptcy protectionis officially bankrupt.

Trust in government has almost been never been lower among Americans, and the botched rollout of Obamacare has made things even worse. But maybe that's not such a big deal.

The bill for decades of Detroit's financial decline has now come due. A federal judge's ruling approving the largest municipal bankruptcy in U.S. history Tuesday sets the stage for an epic legal battle over who will be asked to help pick up the tab, including bond investors, retired city workers

In the wake of the worst effects of the Great Recession, African Americans, like Americans as a whole, are getting their balance sheets in order and paying down credit card debt. But new research from Demos’ National Survey on Credit Card Debt of Low-and Middle-Income Households finds that African

New research illustrates ways in which the current economic difficulties of African American households are compounded even further by a legacy of discriminatory policies that have left African Americans with significantly fewer assets and lower rates of homeownership than white households.

The White House has offered “no response” to a months-old call from congressional Democrats to bypass Congress and use executive action to raise workers’ wages, the co-chair of the Congressional Progressive Caucus told Salon Tuesday afternoon.