Explore More

Last night, the Senate Permanent Subcommittee on Investigations released a searing 300-page report on JP Morgan Chase’s London Whale episode. The bank lost at least $6.2 billion through trading credit derivatives in a business unit tasked with reducing firm-wide risk, the Chief Investment Office.

My name is Wallace Turbeville. I am a Senior Fellow at Demos, a national public policy organization working to reduce political and economic inequality, advancing a vision of a country where we all have an equal say in our democracy and an equal chance in our economy. I am testifying today on behalf

Retails sales surged by a solid 1.1 percent last month, and that's being hailed as great news. But great news for who, exactly? Given the weak labor market, with millions still unemployed, it is unlikely that higher retail sales and profits will translate into higher wages for retail workers, who

More data from the 2012 election is in, and it’s tough to deny that the health of democracy and safety of your voting rights vary widely depending on where you live.

In the discussion around our energy future, fossil fuel advocates continually claim that renewables will never be able to meet our power needs. This assertion is a self-fulfilling prophecy. The more we choose to invest in fossil fuels over renewable energy, the longer we delay our inevitable

One of the remarkable -- and depressing things -- about the low-wage economy is how small changes in wages can make a big difference. If you're a professional, you probably don't even know how much money you make an hour. But low-wage workers know, down to the penny. And what may seem like small

The most recent charge in Senator Chuck Grassley’s (R-Iowa) crusade against rising tuition costs was in late February when he criticized then nominee for Secretary of the Treasury Jack Lew for the benefits he received from New York University. They totaled $1.4 million over a period of four years.

For fans of conservatives’ favorite teller of “hard truths,” the Path to Prosperity budget proposal released by Rep. Paul Ryan this week must have been a disappointment.

As grim as the GOP's long term prospects are demographically, things could still get worse. Like, for instance, Republicans could alienate the one last slice of the population that remains firmly in their camp: old people.

The affluent tend to hold a different vision of a just society than the public at large, and it is that vision which tops the political agenda in Washington and in state houses across the country.