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Blythe Masters is the most recognizable woman on Wall Street—and arguably its most resilient. At 44, she heads the largest commodities trading operation at the largest bank in the U.S., JPMorgan Chase ( JPM). In the mid-1990s she developed and marketed credit derivatives, which rapidly became a new

The standard rap against regulation is that government uses a meat cleaver to clean up problems in the private sector that are better tackled with more nuance. Yet regulation—or the threat of it—often serves to spur smart self-regulation that wouldn't otherwise occur. You want to see a scalpel at

Internships have long been a part of building a career trajectory and most students have resigned themselves to the fact that internships will be unpaid. Many college students spend summers interning at various places, hoping to gain some hands-on experience, a few recommendations and some sense of

In an earlier, harsher America it was not uncommon for people to work well into old age. In 1945, about half of Americans 65 and over were still in the labor force. And that was at a time when most work was physical in nature. Then came the great rise in postwar prosperity, with the spread of

After a marathon hearing that wrapped up in the wee hours of Wednesday morning, the City Council of Richmond, Calif., voted to allow the use of eminent domain to seize underwater mortgages, becoming the first city in the nation to take such a concrete step toward the novel and risky strategy for

Mark October 8 on your calendar – that’s when the Supreme Court will hear arguments in a case that’s being called Citizens United 2.0 .

The top one percent captured 95 percent of the income growth of the recovery. That’s just one depressing lowlight in Thomas Piketty and Emmanuel Saez' 2012 update on the fortunes of the top 1 percent.

Washington DC needs jobs. When D.C. Mayor Vincent Gray made this point at a press conference this week, he may not have realized he was making a strong case in favor of the Large Retailer Accountability Act.

There are a bunch of good, practical arguments for giving low-wage workers a pay hike -- like the fact that putting more money in the pockets of these workers would spur consumer demand and economic growth. But here's another strong point that you don't hear much about: Reducing wage inequality is