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Attorney General Eric Holder made it official in testimony before the Senate Judiciary Committee: Some banks are so big that criminal prosecution poses an unacceptable danger to the U.S. and world economies. This is not Holder's opinion alone. In the past, the Justice Department has consulted with

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

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

This is a story of journalists and economists, and the confusion that can ensue when they communicate.

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

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.

This is the second of a series of articles, entitled “The Financial Pipeline Series”, examining the underlying validity of the assertion that regulation of the financial markets reduces their efficiency. These articles assert that the value of the financial markets is often mis-measured. The

It is often assumed that the majority of Americans who don't vote are poor and nonwhite. Not so. While it is true that low-income Americans vote at much lower rates, the majority of nonvoters -- in raw numbers -- are white middle class Americans.

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:

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.