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Another monthly jobs report is in, and the results are better than most people expected: 236,000 new jobs were created last month. That's the best economic news we've heard in a while.
Blog
David Callahan
During an appearance on CNBC yesterday, Charlie Munger, deputy to billionaire investor Warren Buffett, had some harsh words for high-frequency trading, the practice used by huge financial firms to trade stocks in milliseconds. “Take the rapid trading by the computer geniuses with the computer
In the media
Pat Garofalo
While recent CBS and Gallup polls show that most Americans remain divided over whether or not the recent sequestration cuts are in fact negative, many low-income families are already bracing for their impact. SNAP benefits and the Children's Health Insurance Program may be safe, but WIC benefits and
Blog
Ilana Novick
At least one CEO at a big retail company wants to see the minimum wage increased. In fact, he’d like the minimum wage to go even higher than President Obama has proposed.
In the media
Ned Resnikoff
This is a story of journalists and economists, and the confusion that can ensue when they communicate.
Blog
Wallace C. Turbeville
New Jersey was ready when Hurricane Sandy rushed ashore the evening of October 29, 2012. Teams from FEMA and the National Guard had been activated, nuclear reactors had been shut down, and the Red Cross had prepared meals and shelters. The carefully laid plans didn’t prevent the storm from wreaking
Blog
Brenden Timpe
Republican governor Bobby Jindal attracted attention earlier this year when he said that Republicans must stop being the "stupid party." But in that same speech Jindal said something equally important:
Blog
David Callahan
Employment credit checks illegitimately obstruct access to employment, keeping qualified workers out of jobs they need. It’s an argument Demos has been making for a few years, but the new study we released this week provides additional data to back it up.
Blog
Amy Traub
One way to undermine movement on climate change is to create a false dichotomy that pits advocates against each other. Unfortunately, this is exactly what is happening now in the fracking battle.
Blog
J. Mijin Cha
Eighty years ago, in the 1930s, the auto industry -- a centerpiece of America's industrial economy -- was not yet unionized. Yet within twenty years, the big carmakers and the United Auto Workers would be effectively sharing power in Detroit, and building cars had become a reliable path into the
Blog
David Callahan