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Three developments in finance cropped up in the last days that must be read as a single story.

Like many New Yorkers, Hazel B. of Queens struggled to get by after she was laid off from her job as an accounts receivable administrator. A single mother of two, Hazel relied on credit cards to make ends meet while she looked for work. Finally, she found a job opening that looked promising. She

The steps of New York’s City Hall were crowded this morning.

Over the past decade, Demos has conducted extensive research on credit card debt among low- and middle-income households. As part of this research, we have become increasingly concerned with how families are being financially penalized for being in debt, making it difficult, if not impossible, for

Krugman speculates that they see this as a morality play wherein the rich are obviously the virtuous heroes (being rich and all) and the plebes are a bunch of lazy, immoral parasites who refuse to carry their weight. I think he's probably right, but I'm going to speculate further that for many of

President Obama’s nomination of Ernest Moniz for secretary of energy is a serious blow to environmentalists. Appearing before the Committee on Energy and Natural Resources yesterday, Moniz strongly supported an “all-of-the-above” strategy and emphasized that lowering the cost of energy should be the

A new report looks at the voting patterns in the last election of the fastest growing racial groups in the U.S.—Asian American and Pacific Islanders (AAPI). A collaborative effort between Asian American Justice Center, Asian and Pacific Islander American Vote, and National Asian American Survey, the

On the very day that a bleak jobs report showed how feeble the recovery is, the White House revealed that the president will propose a budget that

The beast is creeping back into the shadows.

As the rising cost of college puts a financial squeeze on students and their families, young people are encouraged to see student loans as an investment that leverages the mounting costs of attendance against a shot at greater lifetime earnings.